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Economic diversification the theme of 20th Bahamas Business Outlook

“Diversifying The Bahamas Economy: Fact, Fiction or The Real Alternative”, will be the theme of this month’s Bahamas Business Outlook, with everything from telecommunications to financial services on the agenda.

Scheduled for Thursday, January 13th at the Wyndham Nassau Resort, Cable Beach, conference organizers say the theme-while not new-is timely and attendees can expect in-depth analyses and high quality presentations from expert speakers representing a broad range of industries.

According to organizer Joan Albury, president of The Counsellors Ltd., this year’s Business Outlook will be significant for a number of reasons.

“Not only are we celebrating our 20th anniversary of Business Outlook but we will have a number of firsts this year. First time speakers will include Dr. Marikis Alvarez, representative, Inter-American Institute for Cooperation on Agriculture(IICA), Paul Crevello, Ph D., Chief Operating Officer, Bahamas Petroleum Company Plc and David Shaw, CEO, Cable and Wireless Caribbean/LIME. Also addressing the forum for the first time is Peter Turnquest, president of the Grand Bahama Chamber of Commerce, Edward Fields, Chairman and Founder of”We, The People”and Dr. Barry Russell, Orthodontist and businessman.

Albury noted that BBO 2011 will focus on new ideas and solutions to strengthen the Bahamian economy over the long-term.

“The idea of economic diversification has been tossed around for years now but it’s time to have a real discussion as to whether or not economic diversification is a viable alternative for our economy, and if it is, what are the best options in terms of the industries that we should focus on developing,”she said.

The 20th Bahamas Business Outlook will open with a keynote address by Prime Minister Hubert A. Ingraham. Also scheduled to speak are Senator Vincent Vanderpool-Wallace, CMG, Minister of Tourism and Aviation; Wendy Warren, Executive Director, the Bahamas Financial Services Board, Dr. Robin Roberts, Urologist, Director, UWI School of Clinical Medicine&Research(The Bahamas), Algernon Cargill, Director, National Insurance Board and Olivia Saunders, Ph.D., School of Business, The College of The Bahamas. Dr. Saunders will discuss the relevance of the Sir Stafford Sand’s economic model in today’s business environment.

This event is sponsored by BAF Financial and Insurance, Sun Oil Ltd., FirstCaribbean International Bank, Bahamas First, Bahamas Petroleum Company, Cable and Wireless/LIME, Scotiabank Bahamas Ltd., The Central Bank of The Bahamas, KPMG, The National Insurance Board, Bank of The Bahamas International, Generali Worldwide and Krys Rahming and Associates. For registration and updates on the Grand Bahama Business Outlook visit or call Eileen Fielder at 322-7505/6.

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