Rambarran wanted to be a doctor

Jwala Rambarran, successor to Ewart Williams as Governor of the Central Bank of T&T, holds a masters of science (honours) degree in financial economics from the University of London. Before that, he obtained an honours degree in economics and mathematics from the University of the West Indies, St Augustine campus.

A former chief economist at CL Financial subsidiary, Caribbean Money Market Brokers Ltd (CMMB), Rambarran in 2007 formed his own company Cap-M Research, a research consultancy. Rambarran, whose initial ambition was to become a doctor, was a senior economist at the Central Bank from 1990-2001, and again from 2003-2004. He left the Central Bank to join CMMB, where he also headed its research unit.

Most recently, Rambarran, was special adviser in the Ministry of Energy and Energy Industries. He was also the chairman of National Institute of Higher Education, Research, Science and Technology (Niherst), and head of the Government Assistance for Tuition Expenses Programme (GATE) review committee. He was also a director of the T&T Credit Union Stabilisation Fund and FNCU Venture Capital.

Rambarran lectured in economics and strategy at the Arthur Lok Jack Graduate School of Business. He has more than 20 years’ experience applying macroeconomic research and analysis to business planning, investment strategy and policy formulation gained in the private sector, the International Monetary Fund (IMF).

He has led presentations to the IMF executive board on programme design for its flagship low-income country Poverty Reduction and Growth Facility (PRGF) and on implementation of the enhanced Heavily Indebted Poor Countries (HIPC) Initiative. In an earlier interview, Rambarran said while at the Central Bank, he worked on many high-profile issues, namely as the restructuring of the Guyana debt to T&T and the liberalisation of the foreign exchange market.

Apart from Cap-M Research, Rambarran was also an economic adviser to Global Freedom Flight Fund, a global social network, whose mission statement was, “To create a global environment of social responsibility via worldwide partnerships and strategic alliances; combining financial strength, innovation, passion and commitment! Rambarran was also the chief executive officer of Infinity Financial Engineering, an advisory firm that “blended two disciplines: economic (sic) and finance.”