Hope Strachan has been named as the Minister of Financial Services with effect January 12, 2015.

The Cabinet Office has announced that pursuant to Article 73 of the Constitution, Prime Minister Perry Christie has advised Her Excellency the Governor-General Dame Marguerite Pindling to make the following ministerial appointments:

Hope Strachan, Member of Parliament for Sea Breeze, is appointed the new Minister of Financial Services with effect January 12, 2015. In the meantime, Strachan will be the acting Minister of Transport & Aviation during the absence of Glenys Hanna-Martin, who is travelling on state business.

Arnold Forbes, Member of Parliament for Mount Moriah, is appointed Minister of State in the Ministry of Works & Urban Development, also with effect January 12, 2015.

In addition to the foregoing ministerial appointments, Dion Smith, deputy speaker and Member of Parliament for Nassau Village, is appointed the new chairman of The Bahamas Agricultural and Industrial Corp (BAIC) in place of Forbes, also with effect January 12, 2015.