Governor Oliver receives Pacific Island Development Bank President/CEO

Governor Oliver and Director of the Department of Treasury and Administration, Ms. Christina Elnei, welcomed Pacific Island Development Bank (PIDB) Chief Executive Officer (CEO) and President Lindsay Timarong and Manager of Administration Rosa D.L.S. Weilbacher to the Governor’s Office.

 

 

Both President Timarong and Mrs. Weilbacher are in Pohnpei to attend the 39th General Assembly of the Association of Pacific Island Legislatures (APIL), October 11 – 15, 2022.

 

 

During their brief visit, President Timarong presented Governor Oliver with a report on PIDB’s history and operations. They also briefly discussed administrative issues relating to the PIDB Board of Governors.  Governor Oliver, Director Elnei, and Mr. Carlos Villazon from the Pohnpei Legislature Budget Office are currently members of the Board of Governors, representing Pohnpei.

 

 

Joining Governor Oliver during the meeting were Public Affairs Officer Peteriko Hairens and Protocol Officer Emerson Eperiam.

 

 

“The mission and purpose of the Pacific Island Development Bank are to contribute to the acceleration of the process of economic and social development of the Member States and nations, individually and collectively, and to promote economic cooperation among them. Members are shareholders and consist of the governments of the Territory of Guam, the Commonwealth of the Northern Mariana Islands, the four state governments of the Federated States of Micronesia, namely Chuuk State, Kosrae State, Pohnpei State, and Yap State, the Republic of the Marshall Islands, the Republic of Palau, and the Kwajalein Atoll Development Authority as an associate member. The bank has been and continues to be a catalyst for various credit needs and community programs that fit the diverse demands of our peoples.”

 

 

For more information on the PIDB, please visit their website at: https://pacificidb.com/

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