In other utility news, BEL has announced that John Mencias will be its new CEO. He takes over on April second, 2019, replacing Jeffrey Locke who has been at the helm since government took over controlling interests in 2011.

Though 86 persons applied from across the world, Mencias was expected to be the favoured choice as we reported months ago.

He formerly worked at BEL as an engineer in the 90's and is a trained computer and electrical engineer who also has an MBA. He has served on the BEL board for some years. He will step down as Chairman of the Central Bank as he assumes this post, so that seat is vacant.

Tags John Mencias Jeffrey Locke BEL Central Bank