Milverton Reynolds

Mr. Reynolds has been the Managing Director of the Development Bank of Jamaica Limited since January 2, 2007. He came to the DBJ with formidable administrative and financial skills and experience as a management executive in financial institutions in both the private and public sectors.

He has been the Managing Director of the National Housing Trust, Life of Jamaica (now Sagicor), the National Housing Development Corporation and the Jamaica Mortgage Bank, among other organisations; and serves on various boards including Allied Insurance Brokers, NCB Insurance Company, and National Education Trust, among others.

In October 2015, he received a national award, the Order of Distinction (Commander Class) for “outstanding leadership in housing development.”

During his tenure at the DBJ, Mr. Reynolds has overseen the expansion of the organization to provide support to the micro, small and medium-sized enterprises sector while still assisting large projects. The Bank’s products and services – in the areas of capital, capacity development and collateral – have been strategically extended to entrepreneurs at all levels of the Jamaican society to allow a more inclusive kind of national development. He has also overseen the development and implementation of new policies for Public-Private Partnerships and Privatisation (P4) and expanded the DBJ’s role as the P4 Secretariat.

Mr. Reynolds sits on three sub-committees of the DBJ Board: Investment, Finance and Loans; Human Resources and Compensation; and Enterprise Risk Management.