Financial Sector Supervision
In this capacity, Courtney provides technical assistance to banking, insurance and capital market regulators in the East African Region (seven countries) to strengthen financial sector supervision and regulation and align supervisory standards with international benchmarks. Courtney’s remit spans the banking, micro finance, insurance and pension sectors as well as capital markets.
He joined AFE in November 2016 from the IMF Caribbean Regional Technical Assistance Centre (CARTAC), where his main focus for technical assistance was Basel II and III implementation, risk-based supervision, consolidated supervision and supervisory interventions. Prior to joining CARTAC, Courtney worked at the Bermuda Monetary Authority (BMA) as Assistant Director in the Banking Trust and Investment Department. At the BMA, Courtney supervised a team of bank and securities examiners and spearheaded the development of proposals for the implementation of deposit insurance and crisis preparedness planning. He also spearheaded the implementation of Basel II, including the supervisory review process, in Bermuda. Courtney spent ten years at the Bank of Jamaica, between 1997 and 2007. The first seven as a Senior Bank Examiner in the Financial Institution Supervisory Division and the last three as Senior Economist/Assistant Director in the Financial Stability Department (Research and Economic Programming Division). Courtney is a member of the Chartered Banker Institute. He holds an MBA in Finance from the Manchester Business School and a Chartered Banker MBA from the University of Wales, Bangor.