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Press Release From Independent Source

Kedrick E. Malone goes to IFC & Benito Wheatley is new London Office Director

Kedrick E. Malone (left) and Benito Wheatley. Photo: Facebook
ROAD TOWN, Tortola, VI - Mr. Kedrick Malone has been appointed as the new Executive Director in the BVI International Finance Centre (IFC), effective November 17, 2014 to December 31, 2015.

The appointment was confirmed by His Excellency the Governor Mr. John S. Duncan, OBE after considering the advice of the Public Service Commission.

As the Executive Director of the BVI International Finance Centre (BVI IFC) Mr. Malone will have direct responsibility for marketing and promoting the BVI’s financial services industry. In addition, he will provide strategic advice to the Government on global economic developments that may affect the long term interests of the Territory as an international financial services centre.

The new director of BVI IFC will also have responsibility for charting a new strategic focus for the department. Mr. Malone will continue to establish and maintain sound relationships with the industry through collaborations on marketing and promotional strategies for the BVI as a financial services jurisdiction.

Additionally, Mr. Malone will focus on developing and recommending - in consultation with the Premier’s Office - policies and strategies for the development of the financial services industry.

Mr. Malone attained his Master's degree in Business Administration from Baruch College, Zicklin School of Business, City University of New York, 1991. He also has Bachelor’s in Business Administration, Bernard M. Baruch College, City University of New York.

Prior to this appointment, Mr. Malone served as the Director of the BVI London Office and the United Kingdom and European Representative for the British Virgin Islands from 2009 to 2014. During his tenure he led the representation of the political, diplomatic and economic interests of the British Virgin Islands in the United Kingdom (UK) and the European Union (EU).

Mr. Malone served as Executive Director of International Development, Freeman Group, Dallas, Texas and New York 2005 to 2008; and as Director of the BVI Tourist Board from 2002 to 2005. His other work includes functioning as Deputy Secretary in the then Chief Minister’s Office, and as past Chairman of the BVI Chamber of Commerce and Hotel Association.

Benito Wheatley is new London Office Director

In addition, Mr. Benito Wheatley has been confirmed to the post of Director of BVI London Office, effective October 1.

The appointment was confirmed by His Excellency the Governor Mr. John S. Duncan, OBE after considering the advice of the Public Service Commission.

The director manages the BVI London Office as the British Virgin Islands official representative in the United Kingdom and Europe.

The new director will represent the Territory at functions, events, and conferences and speaks on behalf of the Government of the Virgin Islands as part of the BVI diplomatic community.

In addition, Mr. Wheatley will advise the Government on all matters relating to the BVI London Office.

His other responsibilities will include promoting BVI business and international impact, through improving the interface with the European Union; and strengthening the Territory’s voice with Her Majesty’s Government.

Mr. Wheatley, a graduate of Morehouse College in Atlanta, has attained a Bachelor of Arts degree in political science with a pre-law concentration. He has also obtained his Master of Arts Degree in political science with a concentration in international affairs from Georgia State University, Atlanta.

Additionally, Mr. Wheatley is certified in international corporate and diplomatic protocol. At present, he is a candidate for a Master of Science degree in international strategy and diplomacy from the London School of Economics and Political Science.

Prior to his appointment, Mr. Wheatley served as the deputy director of the BVI London Office for a number of years. His other work includes serving as an analyst with the Financial Industry Regulatory Authority, International Affairs and Services in Washington.

Mr. Wheatley is a member of select professional organisations such as the United Nations Association Westminster Branch; the Young Diplomats of London and Young Professionals in Foreign Policy; and the International Institute for Strategic Studies.

4 Responses to “Kedrick E. Malone goes to IFC & Benito Wheatley is new London Office Director”

  • xxxxxxxx (18/11/2014, 20:46) Like (0) Dislike (0) Reply
    both of them born here
  • weed (18/11/2014, 21:51) Like (0) Dislike (0) Reply
    ndp just playing smart
  • WONDER WOMAN (21/11/2014, 10:34) Like (3) Dislike (0) Reply
    One thing is certain in the BVI. Recycling of who's who to fill top positions. They go through the list and just move them around. What a sad F$$%king place to live in. Only a certain set of people in the BVI are qualified to sit on committees, and hold top positions. I am challenging them to look for talent and qualifications in all communities in the BVI, and they will not have go recycle the same old tired horses.


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