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The Governing Board of the Virgin Islands Economic Development Authority has announced the appointment of Wayne L. Biggs, Jr., as the new chief executive officer of the Virgin Islands Economic Development Authority (EDA).
Mr. Biggs, who was serving as interim CEO since June, takes the permanent spot following Nathan Latham's resignation and departure the same month.
According to the EDA, Mr. Biggs will be responsible for leading the EDA team in aiding the V.I. government in growing the USVI economy through the creation of opportunities for business investment and job creation, the authority said in a release.
Mr. Biggs will also lead in the implementation of policies by the EDA Governing Board; statutory mandates; and USVIEDA initiatives, including - but not limited to - Vision 2040, the strategic vision and blueprint for economic development in the territory, said the release.
“It is a pleasure to have Mr. Biggs on board as the next CEO of the USVIEDA. With his extensive background in business and economic development, Mr. Biggs also has an unwavering passion for seeking economic growth opportunities for the U.S. Virgin Islands,” said Kevin Rodriquez, EDA Board chairman. “I am confident that under Mr. Biggs’ leadership – and with the support of the USVIEDA Board and team – the USVIEDA will continue to seek the best investment opportunities that can help drive economic growth for the USVI during this time."
"I am truly honored and humbled to be appointed as CEO of the USVIEDA,” said Mr. Biggs. “Having served at the Authority in numerous capacities alongside a tremendously talented and diligent team, it is certainly a privilege to take the helm of this organization. My team and I look forward to continuing to work with our economic development partners and the USVIEDA Board to serve the USVI community, especially during this unprecedented time in our history,."
Prior to his role as Interim CEO, Mr. Biggs amassed experience in business and economic development in his career working in these areas spanning over a 30-year period, said the EDA's release.
For over 20 years, he worked with the U.S. Small Business Administration (SBA) in many positions of business and economic development, and on special assignments to lead SBA disaster teams dispatched to provide assistance to severely damaged areas throughout the nation and the territories. The release went on to list a number of Mr. Biggs's other successes.
