He succeeds Ms. Hellen van der Wal, who cannot be reappointed further after two terms.

Mr. Agunbero has extensive experience in the financial sector, including public finance, and held various positions at, among others, the Central Bank of Aruba as manager of the supervision department and at the Department of Finance of the Land, of which he was director. 

In addition, he served as executive director of the Aruba tourism industry's pension fund and had several jobs at Caribbean Mercantile Bank N.V., including assistant managing director for retail products. 

He is currently a member of the Supervisory Board of Caribbean Mercantile Bank N.V. and a member of the Advisory Board of Aruba. He will resign effective immediately to take up the new position at CAft.

The Government of Aruba is very grateful and appreciative to Ms. Van der Wal for her work in CAft on behalf of Aruba and wishes Mr. Agunbero every success.