Rodney Gallagher » Executive Profiles

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Rodney Gallagher

Rodney Gallagher joined Coopers & Lybrand in 1974. Prior to that he had experience with both a consulting engineering firm and a leading firm of economic consultants, working in East Africa, Eastern Europe and the Caribbean. In 1984 Mr Gallagher was made a partner with the London firm of Coopers & Lybrand with particular responsibility for work in the Caribbean, having been involved with financial, industrial and economic development projects in the Caribbean for ODA, the EEC, USAID and other international agencies, residing in the region from 1979 to 1986.

With a background in economics and financial analysis, Mr Gallagher has carried out a number of financial sector assignments including projects for the UK Government. In 1989/90 this work culminated in a personal appointment to undertake a review of the financial services sector in Anguilla, Cayman, BVI, TCI and Montserrat for the Foreign & Commonwealth Office. The report was published by HMSO and laid before Parliament in January 1990. In October of that year Mr Gallagher was appointed as the Financial Services Adviser to the Secretary of State, Foreign & Commonwealth Office, based at the British High Commission, Bridgetown, Barbados. Mr Gallagher resigned from the London partnership of Coopers & Lybrand, now Price Waterhouse Coopers, in 1995.

Over the last twelve years a number of major assignments have been completed, including the clean-up of the offshore sector in Montserrat and Anguilla, the reform of the offshore insurance sector in BVI, and the development of anti-money laundering and anti-fraud initiatives in a number of Caribbean states, including Antigua, Grenada, St Lucia and Belize. Between 1992-4 Mr Gallagher played a key role in the formation of the Caribbean Financial Action Task Force (CFATF), whose Secretariat is now based in Trinidad, and was responsible for the initial feasibility study and drafting the Kingston Declaration. Mr Gallagher has been closely involved with a number of important, international law enforcement operations in the region, addressing the threat from both Colombian and Russian organized crime and helped establish the joint US-UK White Collar Crime Investigation Team (WCCIT), serving as a member of the WCCIT Oversight Committee from its inception. During 2001 Mr Gallagher was the sole Commissioner on a Commission of Inquiry into public corruption related to the provision of telecommunications at the new airport terminal in the BVI.

In June 1998 Mr Gallagher was awarded an OBE for services to HMG in the Caribbean and retired from service with the UK Government in December 2001. In March 2002 Mr Gallagher was appointed as the External Commissioner on the board of the newly formed Financial Services Commission, British Virgin Islands.