CDB president appointed Chancellor of University of Guyana

President of the Barbados-based Caribbean Development Bank (CDB), Professor Compton Bourne has been appointed Chancellor of the University of Guyana (UG), according to a report on www.cananews.net.



Bourne, the eight Chancellor of the institution, said he shared the views of President Bharrat Jagdeo on the importance of tertiary education.



“I think we are of the same mind on the importance of the University and the need to bring it back to a higher standard of operations,” he said, stressing that there would be a close collaboration between Guyana government and the University during his tenure.



Bourne is a highly respected economist who is also Professor Emeritus of the University of the West Indies (UWI) and also served as Pro Vice Chancellor for Planning and Development and Deputy Principal of the St. Augustine Campus of the UWI.



He has been an active contributor to public economic policy in the Caribbean, Africa and the Philippines since 1975.



Regarding his plans for the University of Guyana, Bourne said there is a need to identify priorities, which can be pursued with determination and the need for early successes.



“The first thing is to complete the strategic plan of the University and then to identify a set of priorities very early in the new year around which we can generate the necessary finances for the development of the University,\" Bourne said.



Jagdeo expressed his satisfaction that Bourne, who was installed on Thursday, had accepted the appointment as Chancellor.



He said that the choice was carefully made and added that the new Chancellor is a distinguished Guyanese professional who brings to the position outstanding credentials and a wealth of experience.