The Board of financial supervision Curaçao and Sint Maarten has the role to monitor and advise. The tasks of the Board are directed towards the adoption and execution of the budgets that are balanced within the limitations as agreed upon, and on the control of the total loans.
In order to ensure that the financial supervision occurs in an optimal manner, the Board has to have insight in the budgetary cycle and the financial management of the countries. The Board evaluates whether the adopted budget is in agreement with the norms as stated in the concensus-Rijkswet financieel toezicht Curaçao and Sint Maarten and provides an advice if necessary. The Board may provide solicited and unsolicited advice on the draft budget.
Lidewijde Ongering
Chairman
Ms. L.M.C. (Lidewijde) Ongering is chairperson since February 1st, 2023, of Board of financial supervision Curaçao and Sint Maarten, the Board of financial supervision Aruba and the Board of financial supervision Bonaire, Sint Eustatius and Saba. She has a long track record at a large number of Hague departments. For instance, she was recently Secretary-General at the Ministry of Economic Affairs and Climate and prior to that at the Ministry of Infrastructure and Water Management, where she previously held the position of Director-General for Accessibility.
Other official positions included that of Deputy National Coordinator of Counter-Terrorism and Security at the Ministry of Justice and Security, Deputy Director-General of Public Order and Security at the Ministry of Interior Affairs and Kingdom Relations and Director of Financial Economic Affairs at the Ministry of Health, Welfare and Sport. Lidewijde Ongering has a Master's degree in Public Administration from the Technical University of Twente.
Elizabeth de Cuba
Member upon proposal of Curaçao
Ms. Elizabeth de Cuba (1983) is member of the Board of financial supervision Curaçao and Sint Maarten (Cft) upon proposal of Curaçao as per October 1st, 2023. Ms. De Cuba provides services in the field of Accounting, Auditing and Finance as a self-employed business owner.
From 2017 to 2022, Ms. De Cuba worked as Control and Methodology Leader in the Professional Practice Group for the EY Caribbean Assurance Practice, a position in which she worked closely with the EY Caribbean offices in Trinidad & Tobago, Jamaica, Barbados, Saint Lucia, among others and Suriname. In addition, Ms. De Cuba taught the subject Auditing at the University of Curaçao from 2018 to 2020.
Since 2015 Ms. De Cuba has taught Auditing in Core Learning Classes as a member of the EY Certified Learning Facilitators team. Before that, after finishing her study at Erasmus University to become a chartered accountant, Ms. De Cuba worked in the position of audit manager at the assurance department of accountancy agency EY Dutch Caribbean.
Julisa Frans
Member upon proposal of Sint Maarten
Ms. Julisa Frans (1985) is a member of the Board of financial supervision Curaçao and Sint Maarten (Cft) since December 17th, 2021 upon proposal of Sint Maarten. As an independent consultant she executes a variety of consultancy undertakings.
In 2008 Ms. Frans obtained her Bachelor's degree, after which she started working for the government of Sint Maarten. In the period from 2008 to 2021, she held various financial positions within the government, including that of Financial Management Officer, Operations Officer and (Senior) Financial Policy Advisor. In 2018 she obtained her Master's degree in Public Administration and Development.
Ms. Frans has been as well a member of the Monitoring Committee charged with monitoring the implementation of the package of reforms and maintaining the overall overview for the government of Sint Maarten. Ms. Frans has also been responsible for various financial aspects of the recovery work after Hurricane Irma.
Hans Hoogervorst
Member upon proposal of The Netherlands
Mr. Hans Hoogervorst (1956) has been a member of the Boards of financial supervision upon proposal of the Netherlands since December 17th, 2021. After starting in the international financial sector in Washington, Mr. Hoogervorst returned to the Netherlands, where he worked as a policy advisor. He has also been active in Dutch politics for many years and has held various administrative positions.
After a period of four years as a parliamentarian, as of 1998 for four years Mr. Hoogervorst held the position of State Secretary for the ministry of Social Affairs. This was followed by a position as a Minister: after a short period in 2002 and 2003 as Minister of Finance, in 2003 he became Minister of Healthcare, in which capacity he replaced the health insurance fund with the current health care system.
Hereafter Mr. Hans Hoogervorst left politics and in 2007 he started at the Dutch Authority for the Financial Markets (AFM), where he was appointed Chairman of the Board. In 2011, he became Chairman of the International Accounting Standards Board (IASB) in London and member of the Financial Stability Board.