Board of Directors

As stipulated in the bank´s “Articles of Agreement Establishing the Pacific Islands Development Bank”, the two governors representing each member shall appoint, subject to the approval of a majority of the Board of Governors, one person to serve as a Director and one person to serve as an Alternate Director.

The Board of Directors meet for business as often as the work of the Bank may require. It monitors the performance of the bank quarterly and submits an annual report of operations to the Board of Governors.

Following are the current members of the Board of Directors.

COMMONWEALTH OF THE NORTHERN MARIANA ISLANDS
Diego Benavente
Former Congressman
CNMI Legislature

FSM STATE OF CHUUK
Vacant

FSM STATE OF KOSRAE
Ilai Abraham
Former Senator
Kosrae State Legislature

FSM STATE OF POHNPEI
Thomas Pablo
Director of Finance
Pohnpei State Government

FSM STATE OF YAP
John Masiwemai
Senator
Yap State Legislature

ISLAND OF GUAM
Lourdes Leon Guerrero
President
Bank of Guam

REPUBLIC OF THE MARSHALL ISLANDS
Alfred Alfred Jr.
Secretary of Finance
RMI National Government

REPUBLIC OF PALAU
Secilil Eldebechel
Delegate, House of Delegates
Palau National Congress

PIDB/ADMINISTRATION
Aren Palik
President & CEO
Board Chairman

Recent PIDB Announcements
USDA Seeks Applications to Promote Job Creation and Boost the Rural Economy in the Western Pacific
HILO, HI, April 24, 2013 – The United States Department of Agriculture (USDA) remains focused on carrying out its mission, despite a time of significant budget uncertainty. Today’s announcement is one part of the Department’s efforts to strengthen the rural economy. USDA Rural Development State Director Chris J. Kanazawa announced today that applications are being [...]
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Recent PIDB Announcements
PIDB Releases Job Announcement
March 15, 2013, Hagatna, Guam The Pacific Islands Development Bank, a regional development bank with financing in Guam, Commonwealth of the Northern Mariana Islands, Palau, Chuuk, Kosrae, Pohnpei, Marshall Islands and Yap is seeking qualified applicants for the following position: LOAN MANAGER For more information on the announcement, i.e, General Responsibilities, Job Requirements, please click [...]
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Recent PIDB Announcements
PIDB Board of Directors Meets in Palau
Koror, Palau. The Board of Directors of the Pacific Islands Development Bank convened its regular meeting in Palau on January 16, 2013 at the Palasia Hotel in Koror. After the Board Chairman and Bank President, Aren Palik, called the meeting to order, host Director Secilil Eldebechel welcomed everyone to Palau with a brief update on [...]
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Recent PIDB Announcements
PIDB Visits Yap and Palau, Sep 2012
Yap Market Square/O’Keefe September 2012 PIDB President & CEO, Aren Palik, PIDB Loan Manager, Antonio John, and Board member Diego Benavente paid a visit to the neighboring islands of Yap and Palau to meet with both current and potential clients, perform loan collection and project site visits, and to seek feedback from Yap and Palau [...]
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Recent PIDB Announcements
PIDB Board Meeting, Tinian
August 7, 2012: (Tinian, CNMI). The Board of Directors of the Pacific Islands Development Bank (PIDB) held its second regular meeting of the year in Tinian, CNMI, on August 7, 2012. Bank President and Board Chairman, Aren Palik, called the meeting to order at the Fleming Hotel with host Director, Diego Benavente, welcoming everyone to [...]
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