Mr. Milverton Reynolds was appointed Managing Director of the Development Bank of Jamaica Limited on January 2, 2007, bringing with him a wealth of experience in banking and insurance in both private and public sector entities.

The trend of excellence marked in his career began during his academic years when he received several awards including the 1968 Royal Bank Scholarship and the Canadian Commonwealth Scholarship in 1972. He holds a Bachelor of Science in Management Studies from the University of the West Indies, and a Masters in Business Administration (MBA) from McGill University in Montreal, Canada, and the University of London, England.

He entered the banking field in the early 1970s, working with local indigenous institutions such as the Jamaica Citizens and the Workers Savings and Loan Banks, as well as the international audit firm, Peat Marwick & Partners.
Mr. Reynolds spent five years at the National Housing Trust as Manager of the Project Appraisal and Lending Office, and then went on to serve as Assistant Vice President for Investment for Life of Jamaica.

In 1997, he became the President and Chief Executive Officer of Life of Jamaica, a position he held for five years. Between 2002 and 2006, Mr. Reynolds moved to the National Housing Development Corporation, a statutory agency responsible for Operation PRIDE, a government programme providing settlement for persons earning below a certain threshold.

Mr. Reynolds is committed to the development of the country and in this regard, gives others an opportunity to benefit from his expertise and knowledge by holding positions on various boards such as the National Housing Development Corporation, Allied Insurance Brokers, NCB Insurance Company, First Global Bank Ltd., and the media house KLAS Limited.

He currently serves on the boards of the National Housing Development Corporation (NHDC), Allied Insurance Brokers, First Global Bank Ltd., and KLAS Limited.

Married with five children, Mr. Reynolds enjoys jogging, reading and playing lawn tennis.