BVI International Arbitration Centre Announces NEW Arbitration Committee President
TORTOLA, British Virgin Islands (3 March 2023) –The British Virgin Islands International Arbitration Centre (BVI IAC) today announced the appointment of Dancia Penn OBE, KC as its new Arbitration Committee President. As the new Arbitration Committee President, Mrs. Penn will chair a 20-member Committee established under The BVI IAC Arbitration Rules, 2021 to ensure the application of The Rules.
Dancia Penn is a respected and experienced arbitrator, mediator, and senior practicing lawyer in the British Virgin Islands. Mrs.Penn is also a former Attorney General of the British Virgin Islands and has held various other senior positions in public life. Her extensive legal experience, in the Caribbean and beyond, encompasses contentious and non-contentious corporate, commercial and regulatory matters in a wide variety of areas. She has the unique distinction of having served in all three branches of Government and appearing in the Courts at all levels including The Privy Council.
Mrs. Penn regularly sits as Chair or Member of various arbitration and ad hoc tribunals and represents parties before them. She will continue to accept arbitral appointments in the British Virgin Islands and elsewhere, which are not being administered by the BVI IAC, as well as ad hoc arbitrations.
Following her appointment, the new Arbitration Committee President, Dancia Penn said, “I am delighted to accept the appointment as President of the BVI IAC Arbitration Committee at this very exciting time. There are several new and interesting initiatives planned for the BVI IAC and I am looking forward to working with my colleagues on the Arbitration Committee and the BVI IAC to carry out the important responsibilities.
In closing Mrs. Penn also highlighted that the Committee is made up of a diverse and experienced group of arbitrators who are very committed to working together to fulfil the mandate of the BVI IAC.
Shan Greer, CEO BVI IAC added, “I am honoured that Dancia Penn has agreed to serve as the next President of the Arbitration Committee. Her years of experience and commitment to dispute resolution make her an ideal candidate for the position. We look forward to working with her as she undertakes this very important role under the BVI IAC rules.”
The 20-member committee represents five different regions of the globe supports: the Caribbean, Americas, Europe, Africa & Middle East, and Asia, complementing the skillset and diversity of the BVI International Arbitration Centre Panel.
The 20-member Arbitration Committee of the BVI International Arbitration Centre are:
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- Katharine Menendez de la Cuesta
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About the British Virgin Islands International Arbitration Centre
The BVI IAC was established to meet the rapidly evolving dispute resolution needs of arbitration users worldwide. The Centre meets the demands of the international business community for a neutral, impartial, efficient, and reliable dispute resolution institution in the Caribbean, Latin America and at the cross-roads of the Americas. The BVI offers a quality legal framework and a stable political environment as a British Overseas Territory Party to the New York Convention. Users of the BVI IAC arbitration clause benefit from arbitration-friendly legislations that improve ease of business and support. The BVI IAC Panel includes arbitrators from over 40 countries, speaking more than 20 languages, and is one of the most gender-diverse panels in the world. Equipped with state-of-the-art technology and the flexibility to meet the unique requirements of any virtual arbitration, BVI IAC offers world-class facilities for conducting arbitral hearings. For more information, please visit www.bviiac.org.
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