OfReg resumes search for board directors
(CNS): The beleaguered utilities regulator, OfReg, appears to be having trouble finding people who are not just capable but also willing to serve on the board as non-executive directors. At a Cabinet meeting on 19 October, ministers approved the appointment of Alric Lindsay, Frank Balderamos and Leroy Whorms as members but also approved the re-advertisement of the board positions to find at least two more, according to the summary notes of the meeting.
The three new members join Rudy Ebanks, who was appointed as board chair in September, and the existing chief executive officer and three executive members.
The deadline for qualified and non-conflicted members interested in serving on this board is 15 November. Members are paid a generous stipend but are expected to spend at least 20 hours per month and will need to have professional backgrounds in engineering, law, economics, accounting, business, energy sector, ICT sector, fuels sector, water sector or public policy.
OfReg regulates fuel, water, electricity and telecommunications, and directors need adequate knowledge, experience and understanding of these areas as well as corporate governance; strategic and financial management experience in the scope of business, outputs and operations of OfReg.
It is not clear when the board last met, as the last set of minutes posted on the OfReg website was for the the meeting held in April.
See Post Cabinet Meeting Summaries in the CNS Library.
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Category: Politics, Private Sector Oversight
I am so angry at the way OfReg does next to nothing and accomplishes so little. Is there a way we can get rid of them?
Maybe OfReg has been given responsibility to regulate Covid testing. That would explain the lack of results.
Bring back ‘Punch-up Lennie’ and ‘Rope-a-Dope Ronnie’
At least there was some type of action at OfReg then, even if it was a clown show.
Both staunch UDP at the same time, which seems to be a basic requirement to become a PACT member.
With Alric the anti Vaxxer at the head, thank Goodness COVID controls don’t fall under offreg’s duties.
The Original Post now takes on a second level of meaning, thank you.
#defundofreg
Sad and hilarious. Shut this crap down. Please this is shameful.
A shameless device for making payments to their followers.
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These are not jobs for amateur wannabe high school leavers.
Qualified experienced engineers accountants lawyers and businesspeople are needed to an entity which is supposed to regulate these services.
Or, shut it down and save us thousands.
Close it down they’re doing nothing to impact tlcost of living which a resolute failure of MO
Awfulreg simply can’t work. Private sector board members can’t help this failing organization.
Shut it down and return the agencies to the civil service.
Dump them all. Shut OfReg down and start something that will be helpful for the people of the Cayman Islands.
I’m sure there’s many Lodge Brethren to choose from, what’s the holdup?
experience with fuel, water, electricity and telecommunications?
I guess I missed that part of his career…
He’s also an expert in roads, apparently…
Have they gone through the list of persons receiving the tourism stipend?
Then there’s the UDP membership list , which will satisfy the qualification requirements.
quite a few of those UDP people are receiving the tourism stipend…