The [Securities Commission of The Bahamas]( announced today that Mr. Hillary Deveaux has been appointed the Interim Executive Director of the Commission, effective 11 September 2013.

Commission Chairman Tonya Bastian Galanis congratulated Deveaux on his appointment. *“Mr. Deveaux brings extensive experience in the capital markets, broad and deep knowledge of the securities industry, international contacts and exposure, and a passion for the development of the securities and broader financial services sector in The Bahamas,”* she said. *“I am pleased with the appointment of Mr. Deveaux to the Interim Executive Director position and wish him every success.”*

Mr. Deveaux returns to the Commission after serving as the Capital Markets Development Advisor to the International Monetary Fund’s Caribbean Regional Technical Assistance Centre (CARTAC).

Prior to taking up his position with CARTAC, Mr. Deveaux served with the Securities Commission for 13 years. He held the post of Executive Director from December 2002 to August 2010, after holding the office of the Secretary commencing 1 June 1997.