We will invest to build BVIslander financial services talent and create opportunities for BVIslanders to enter, contribute and participate more meaningfully in the industry. We will simultaneously push forward on initiatives to educate the populace on the importance of the financial services industry and the skilled labour that contributes to it, as well as fast track the development of more BVIslanders financial services skills and involvement in the industry.
Interventions are being considered across educational institutions to help BVIslanders develop the necessary skills to fill target jobs. For example, the structure and resourcing of the Financial Services Institute (FSI) is being reviewed, and its curriculum revamped with input from the private sector to better tailor courses to employers’ hiring needs and BVI capabilities.
Interventions at the tertiary level will be made by improving scholarship and internship programmes, and secondary schools can help students to better grasp opportunities in financial services through formal curriculum changes and informal career counselling.
Finally, targeted secondment agreements with select companies will be examined to improve government capabilities through the exposure of public employees to the private sector.