United States President Donald J. Trump on Saturday announced his intent to nominate William A. Douglass as ambassador to The Bahamas.
Douglass, an entrepreneur and philanthropist, founded K2 Advisors in 1994 and managed it for more than two decades before selling the company to Franklin Templeton Investments in 2012.
He has served as managing director of Caspian Securities LLC as well as Tiedemann International Research.
He has also served on multiple non-profit boards, including those of the Jazz Foundation of America, CitySquash, the Brooklyn Academy of Music, and Outward Bound USA.
Douglass received his B.A. degree from Vanderbilt University.
Douglass is the second person to be considered for the post since Trump came to office nearly four years ago.
In May 2017, Trump announced his intent to nominate “Papa” Doug Manchester as ambassador to The Bahamas.
However, Manchester’s nomination failed to receive consideration from the Senate’s Committee on Foreign Relations in January 2018.
In October, Manchester Financial Group told The Nassau Guardian that Manchester had decided to step back from his bid to become ambassador.
The White House officially withdrew his nomination the following month.
Nicole Avant was the last U.S. ambassador to The Bahamas. She left the post in 2011.