The Department for International Development (DFID) in London has nominated Stephen Turnbull as the country’s new Chief Financial Officer for an interim period with effect from 4th May.
He replaces the outgoing Chief Financial Officer Hugh McGarel-Groves. Mr. Turnbull will travel to the TCI this week to begin the handover and to assist the Ministry of Finance with its budget and fiscal planning. He is a qualified accountant with more than twenty years of experience, of which over five years have been in Overseas Territories, including two as a Public Finance Adviser in TCI.
Mr. Turnbull will remain CFO until the end of August, during which time he will help the TCI Government to continue on its path towards sustainable public finances. The Department for International Development is in the process of recruiting a permanent CFO to take over from Mr. Turnbull in due course.
