BISX CEO Keith Davies today announced the appointment of Mr. Andrew Strachan as the new Chairman of the Board of Directors for The Bahamas International Securities Exchange (BISX). Mr. Strachan takes over as the Chairman of BISX after having served in the capacity of Deputy Chairman for the last year. He replaces Mr. Ian D. Fair who has served as BISX’s Chairman for the past 15 years.

Commenting on his appointment, Mr. Strachan said, *“I appreciate the confidence of our former Chairman and the Board of BISX. We look forward to achieving further progress in building an innovative and dynamic platform for the development of capital markets in The Bahamas. In particular, we aim to substantially increase the number of listings, promote a culture of saving and investing for economic development and maintain a high level of investor participation.”*

Andrew Strachan is a banker, portfolio manager, relationship manager, and economist by profession, with over 25 years of experience in international private banking at Clariden Leu Nassau Branch (Sr. VP, Portfolio Manager, Relationship Manager and Deputy to the Managing Director) and Credit Suisse Bahamas (VP and Portfolio Manager). Notably, he achieved outstanding investment performance results with funds invested in international equity and bond markets.

He holds a Bachelor’s Degree Specialization in Economics and a Master’s Degree specialization in International Finance and Econometrics from Concordia University Montreal Quebec Canada and has studied and trained in the United States, England
and Switzerland. Mr. Strachan has served on a number of public and private boards, financial organizations, and advisory committees in The Bahamas.