London Daily

Focus on the big picture.
Thursday, Aug 13, 2026

Rosemary Flax nominated to chair BVIEC Board

Mrs Rosemary Flax, the former Managing Director of financial services entity Mossack Fonseca, has been nominated to chair the British Virgin Islands Electricity Corporation (BVIEC) Board of Directors.

This is according to the Order Paper for the First Sitting of the Second Session of the Fourth House of Assembly scheduled for Thursday, November 14, 2019.

According to the Order Paper released to the media today, November 13, 2019, the Premier and Minister of Finance, Hon Andrew A. Fahie (R1) will move the motion: “WHEREAS section 4(1)(a) of the British Virgin Islands Electricity Corporation Ordinance, Cap. 277 provides that the Corporation shall consist of a Chairman appointed by the Cabinet after prior approval for the appointment has been obtained by a Resolution passed by the House of Assembly;

“WHEREAS section 40(4)(a) of the Interpretation Act, Cap. 136 provides that an authority or person empowered by or under an enactment to appoint or designate a person to be a member of a statutory board or to perform any other functions, may appoint or designate a person by name, and it shall be the duty of the person appointed or designated to perform the respective functions accordingly;

“AND WHEREAS the Cabinet has nominated Mrs. Rosemarie Flax for appointment as Chairman of the British Virgin Islands Electricity Corporation for a period of three years with effect from 15th November, 2019; NOW THEREFORE, BE IT RESOLVED that the House of Assembly of the Virgin Islands approves the appointment of Mrs. Rosemarie Flax as Chairman of the British Virgin Islands Electricity Corporation for a period of three years, with effect from 15th November, 2019.”

Mrs Flax, the wife of former legislator Mr Keith L. Flax, has over four decades of experience in the financial services industry, many of which were in a managerial capacity.

The last BVIEC Chairman of the Board of Directors was Mr Ron R. Potter whose appointment was approved in the House of Assembly on November 19, 2013. He had replaced Mr Allan Parker, who had resigned from the post.

New policy regarding Board Members

It was in the House of Assembly on Friday, May 17, 2019 that Minister for Transportation, Works, and Utilities, Hon Kye M. Rymer (R5) had expressed that it is the position of the new administration that the tenure of any board member should not go beyond the term of any sitting government.

“This is a new policy being implemented by this government.” Hon Rymer had said in responding to questions posed by Opposition Member and Third District Representative, Hon Julian Fraser RA.

The BVIEC Board was one such entity affected by the new policy.

“As it relates to the board members of the BVI Electricity Corporation, the Cabinet of the Virgin Islands approved the revocation of the appointments of most of the members, which is in the process of being rectified to include all members,” Hon Rymer explained.

He said the Board of the BVI Electricity Corporation was revoked in accordance with Section 5 of the BVI Electricity Corporation Ordinance, Chapter 277 of the Laws of the Virgin Islands.

Newsletter

Related Articles

0:00
0:00
Close
China’s Kimi Launches AI-Focused Credit Card With Agricultural Bank of China and American Express
UK Residents Gather to Watch Rare Partial Solar Eclipse
Reform UK Deputy Leader Richard Tice Faces Criticism Over Legal Threat Against Guardian Journalist
Michael Forsyth Elected Speaker of the House of Lords
Cambridge Researchers Launch £20 Million Human Organoid Drug Testing Programme
Heathrow Loses European Passenger Traffic Lead to Istanbul Airport
Households Near New UK Electricity Pylons to Receive £250 Annual Energy Bill Discount
UK Government Estimates Zero-Hours Contract Ban Could Cost Employers Up to £3 Billion a Year
Robert Jenrick Leaves Conservatives for Reform UK in Major Parliamentary Defection
UK Police Chiefs Urge Government to Block Early Release of Andrew Harper Killers
UK Government Holds Emergency Cobra Meeting as Drought and Heatwave Raise Wildfire Risks
Former Labour Adviser Arrested on Suspicion of Spying for China Held Privileged Access as Top Party Donor
Turkish Parliament Passes Landmark Bill Granting Conditional Amnesty to Disarmed PKK Members
Donald Trump Warns FIFA Against Ousting Gianni Infantino Amid Revolt by Global Football Leaders
Jeff Bezos Joins Investor Group Closing In on $6 Billion Liverpool FC Stake
Police Conduct Cross-Border Raids Against Northern England Drug Network
Nicola Sturgeon Protested at Edinburgh Festival Fringe Event
Major UK Retail Chain Enters Administration With One Hundred Fifty-Four Stores Set to Close
Heathrow Renews Call for Runway Expansion After Losing Europe’s Busiest Airport Ranking
Government Condemns One Million Pound Thames Water Executive Bonus Amid Drought
NHS England Says More Than One Hundred Thousand Hepatitis C Patients Have Been Cured
UK Foreign Secretary Ed Miliband Calls for End to West Bank Settler Violence
UK Prepares for Deepest Partial Solar Eclipse Since Nineteen Ninety-Nine
UK Heatwave Triggers Amber Health Alerts as Economic Losses Reach Four Point Four Billion Pounds
UK Offers Electricity Bill Discounts to Communities Hosting New Power Infrastructure
Bank of England Expected to Hold Interest Rates at Three Point Seven Five Percent
UK Government Moves to Ban Subscription Traps and Misleading Retail Discounts
Andy Burnham Gives Councils New Powers to Block Betting and Vape Shops
UK Councils to Receive Sweeping Planning Powers to Ban New Vape and Betting Shops
Nicola Sturgeon Says She Has No Contact With Estranged Husband After SNP Embezzlement Case
Police Arrest Two Men After Aberdeenshire Defense Technology Office Break-In
Greater Manchester Councils Gain Powers to Restrict New Vape and Betting Shops
Coroner Finds Treasury Workplace Failures Contributed to Personal Assistant’s Suicide
English and Welsh Courts Ban Meta Smart Glasses Over Recording and Privacy Risks
Strait of Hormuz Disruption Could Double UK Inflation and Trigger Recession, Forecasters Warn
UK Expands Global Talent Visa Scheme to Support Research-Intensive Companies
UK Equity Funds Suffer Record One Point Six Billion Pound Outflow Amid Capital Gains Tax Fears
Three-Quarters of England Enters Drought as Fifth Summer Heatwave Raises Economic Risks
UK Hiring Stabilizes for First Time Since 2022 as Employers Adjust to Higher Payroll Costs
UK Chancellor Orders Whitehall Spending Cuts as Public Debt Exceeds Three Trillion Pounds
UK Manufacturing Output Records Fourth Straight Month of Growth
UK Condemns Russian Torture of Ukrainian Prisoners and Recruitment of Foreign Nationals
Long-Lost Royal Navy Warship HMS Tiger Found in English Channel After 118 Years
Northern Ireland Finance Minister Seeks Urgent Treasury Talks Over Regional Budget Pressures
UK Government Targets Subscription Traps and Misleading Discounts in New Consumer Rules
Alleged Cartel Boss Daniel Kinahan Extradited From Dubai to Face Criminal Charges
AI Chatbots Challenge Traditional News Consumption and Raise Job Concerns
Andy Burnham Government Promises Crackdown on Exploitative Business Practices
UK University Funding Model Faces Growing Pressure From Unsustainable Student Debt
Government Urged to Subsidise Energy Bills for Vulnerable UK Households
×