The government has reappointed the Board of Directors of the Natural Resource Fund (NRF) for another two years and the fund’s Investment Committee for four years, according to notices published in the Official Gazette.
Retired Major General Joseph Singh will continue as chairman of the board for the period September 1, 2026 to September 1, 2028.
The other reappointed members are Dunstan Barrow, the nominee of the National Assembly; businessman Ramesh Dookhoo, representing the private sector; Guyana’s Permanent Representative to the United Nations, Ambassador Carolyn Rodrigues-Birkett; and economist Ambassador Professor Compton Bourne.
The composition of the board therefore remains unchanged.
The NRF Board is responsible for the overall management of the fund, which holds the country’s petroleum revenues. The board was initially appointed in 2022 following the passage of the Natural Resource Fund Act in December 2021.
A separate Gazette notice reappointed the NRF Investment Committee for the period August 31, 2026 to August 31, 2030.
Shaleeza Shaw remains chairperson as the Ministry of Finance nominee. The other named voting members are Michael Munroe, nominated by the minister responsible for petroleum; Lauris Hukumchand, the Attorney General’s nominee; and Richard Rambarran, representing the private sector.
Significantly, the notice lists “TBD” in the place reserved for the nominee of the Leader of the Opposition. It does not say whether a nomination was requested or explain why the position remains unfilled.
Ganesh Sugrim is listed as a non-voting ex-officio member nominated by the Governor of the Bank of Guyana. The notice also provides for a senior investment adviser and analyst as a non-voting ex-officio member but does not clearly identify that person by name.
The Investment Committee is responsible for advising the board on the fund’s investment mandate and related matters. Questions had previously been raised about delays in fully operationalising the NRF’s governance bodies after the 2021 legislation came into force.
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