Board of Governors
The governance of the Pacific Islands Development Bank is vested in the Board of Governors who represent the owners/shareholders of the bank. Each member country appoints two governors, one representing the Executive Branch and one representing the Legislative Branch. The Board of Governors holds an annual meeting in March or April of each year to review the Bank´s operations and make major policy decisions. The PIDB governors are ultimately responsible for overseeing the Bank´s activities and administration, although in practice, they delegate many of those responsibilities to the Board of Directors. Following are the current members of the Board of Governors.
| Executive Branch Representative | Legislative Branch Representative | |
| CHUUK | Wesley Simina Governor FSM State of Chuuk |
Sinkoro Harper Speaker, House of Representative Chuuk State Legislature |
| CNMI | Timothy Villagomez Lt. Governor CNMI |
Diego Benavente Congressman CNMI Legislature |
| GUAM | Felix Camacho Governor Island of Guam |
Judi Won Pat Speaker Guam Legislature |
| KOSRAE | Robert Weilbacher Governor FSM State of Kosrae |
Ilai Abraham Senator Kosrae State Legislature |
| PALAU | Elbuchel Sadang Minister of Finance Republic of Palau |
Jonathan Isechal Delegate, House of Delegate Palau National Congress |
| POHNPEI | Churchill Edward Lt. Governor FSM State of Pohnpei |
Thomas Pablo Director Department of Treasury and Administration FSM State of Pohnpei |
| YAP | Sebastian Anefal Governor FSM State of Yap |
Charles Chieng Speaker Yap State Legislature |
News »
USDA Rural Development Awards $750,000 in Economic Development
Hagatna, Guam – On September 8, 2008, USDA Rural Development State Director Lorraine Shin and Pacific Islands Development Bank President Aren Palik signed the documents for a $750,000 loan under the USDA Rural Development's Intermediary Relending Program (IRP).
How To Apply »
Our Checklist of general requirements and sample forms may be downloaded from our website. Our loan process is very simple.
Downloads »
Download Loan Packages Forms in PDF Format
Links »
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