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Aruba Central Bank Swears In New President Thomas Domhoff

July 2, 2026
in Business
Aruba Central Bank Swears In New President Thomas Domhoff

Aruba Central Bank Swears In New President Thomas Domhoff

27
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ORANJESTAD (AAN) – Aruba Central Bank Swears In New President Thomas Domhoff following his official oath of office before Aruba Governor Alfonso Boekhoudt during a ceremony held at the Governor’s Ceremonial House on June 25, 2026. The event was attended by Minister of Finance, Economic Affairs and the Primary Sector Geoffrey Wever, members of the Central Bank of Aruba’s Supervisory Board, Central Bank Director Prakash Mungra, and members of Domhoff’s family.

Domhoff’s appointment followed an extensive and independent recruitment process led by the Supervisory Board of the Central Bank of Aruba (CBA) under the leadership of Chairman Arie Swaen. The board oversaw the search, evaluation, and selection of candidates with support from an external executive recruitment expert to identify the most qualified individual for the position.

Based on its independent assessment, the Supervisory Board recommended Thomas Domhoff as the strongest candidate to lead the Central Bank into its next phase of development. Acting on this recommendation, Minister Geoffrey Wever appointed Domhoff as President of the Central Bank of Aruba for a five-year term.

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Domhoff brings more than 30 years of executive experience in the financial, banking, agricultural, and education sectors across Curaçao and internationally. Most recently, he served as Chief Executive Officer of GI-RO Settlement Holding N.V. (GSH) in Curaçao. Minister Wever expressed confidence that Domhoff’s strategic leadership, extensive experience, and commitment to innovation and human capital development will help strengthen the Central Bank’s role in maintaining the stability of the Aruban florin and supporting economic confidence.

The Minister also emphasized the importance of independent and transparent governance in key national institutions, noting that appointments of this significance should always be based on merit, experience, and a fair selection process.

The leadership transition marks the end of nearly 20 years of service by former President Jane Semeleer, who became the first woman to lead the Central Bank of Aruba and played a significant role in safeguarding financial stability during periods of global economic uncertainty. Minister Wever also thanked Miriam Gonzalez, who served as Acting President following Semeleer’s departure, for providing stable leadership during the transition alongside Director Prakash Mungra and the bank’s professional staff.

Thomas Domhoff officially assumed his responsibilities as President of the Central Bank of Aruba on July 1, 2026. Minister Wever welcomed him to the position and expressed confidence that, together with the Central Bank’s experienced team, he will continue strengthening the institution and contributing to Aruba’s long-term financial stability and economic development.

Editor’s Note: The original source later clarified that Thomas Domhoff was sworn in as President of the Central Bank of Aruba, not as its Director, correcting an earlier editorial error.

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