James has over 30 years of public accounting, consulting and taxation, risk advisory, and corporate restructuring experience.
He has substantial experience across a number of sectors including public, financial services, tourism and leisure, and public tax policies. James recently drafted tax guidance notes for the Government of The Bahamas’ Transitional Virtual Warehouse and Duty–free Shopping program. The purpose for the guidance notes was to minimize double taxation, inventory run downs and temporary business closures during the transition period to the date of implementation of Value-Added Tax in The Bahamas.
James is a Chartered Accountant (CA) and Certified Insolvency and Restructuring Advisor (CIRA), and holds membership in numerous professional bodies, including the Bahamas Institute of Chartered Accountants (BICA), Association of Insolvency Restructuring Advisors (AIRA), American Bankruptcy Institute and INSOL.
He presently serves as Chairman of Bahamas Resolve Limited (Resolve), a special purpose vehicle established by the Government of The Bahamas to realize the full potential of loan assets acquired from the Bank of The Bahamas. Resolve now controls a portfolio of B$267 million of unpaid commercial loan assets. This transaction allows the Bank of The Bahamas to become compliant with key ratios for both Central Bank of The Bahamas and international standards for capital requirements.
James previously served as a board member of the Copyright Tribunal of The Bahamas, Bahamas International Stock Exchange, Securities Commission of The Bahamas, Bahamas Chamber of Commerce, Bahamas Association for Social Health and BICA. In addition to serving as President of BICA for a period of two years, he continues to Co-Chair BICA’s Technical Committee.