The **Central Bank of the Bahamas** has announced the appointment of **Stanislaw J. Bereza** as **Inspector of Banks & Trust Companies**.

Prior to his appointment, Mr. Bereza served as a Senior Relationship Manager with the UK Financial Services Authority (FSA)/Bank of England, where his employment spanned a period of 13 years and eight months.

Most recently, he was responsible for the supervision of the London based operations of a number of major international investment and commercial banks. He also represented the FSA on the Senior Supervisors Group convened to evaluate the effectiveness of current risk management practices during the recent financial market turbulence.

During his tenure with the FSA Mr. Bereza held a number of other positions including: project manager for the FSA team responsible for the development of the FSA’s industry-wide risk assessment framework for all UK authorized firms; Senior Manager and Head of the FSA’s Traded Markets Department and Senior Manager, Emerging Markets Department of the Bank Supervision Division of the FSA during which time he participated in World Bank/IMF missions focused on bank restructuring and the development of banking supervision for the Ukraine, Latvia, Estonia and Indonesia.

Mr. Bereza’s international work experience also includes a two-year posting as a Financial Specialist in the Financial Sector Development Division of the World Bank, Washington, DC, where he worked on a number of bank restructuring and institutional development projects in emerging markets.