The Government has reappointed the members of the Natural Resources Fund (NRF) Board of Directors and Investment Committee, renewing the leadership of the institutions responsible for overseeing and advising on the management of Guyana’s oil revenues.
The appointments were published in the Official Gazette dated August 20, 2026.
Major General (Retired) Joseph Singh, MSS will continue as Chairman of the NRF Board for a further two years, from September 1, 2026 to September 1, 2028.
He will serve alongside Dunstan Barrow, A.A., the National Assembly nominee; Ramesh Dookhoo, the private-sector representative; Ambassador Carolyn Rodrigues-Birkett; and Ambassador Professor Compton Bourne, O.E.
The Board is established under the Natural Resources Fund Act 2021 and is responsible for the overall management of the Fund, including reviewing and approving its policies and monitoring its performance. The legislation provides for a Board of between three and five members, including a National Assembly nominee and a private-sector representative.
The Government has also reappointed the NRF Investment Committee for four years, from August 31, 2026 to August 31, 2030.
Shaleeza Shaw, the Ministry of Finance nominee, will remain Chairperson.
The committee members are Michael Munroe, nominee of the Minister responsible for Petroleum; Lauris Hukumchand, nominee of the Attorney General; Richard Rambarran, private-sector nominee; and Ganesh Sugrim, ex officio non-voting nominee of the Governor of the Bank of Guyana.
The Gazette lists two positions as TBD: the nominee of the Leader of the Opposition and the Senior Investment Adviser and Analyst, who serves ex officio and without voting rights.
The Investment Committee is responsible for advising the NRF Board on the investment of the Fund’s resources. Under the NRF Act, the seven-member committee includes nominees from the Finance Minister, the minister responsible for petroleum, the Attorney General, the Opposition Leader and private sector, as well as two ex officio non-voting members.
The NRF was established under the 2021 Act to manage Guyana’s natural resource wealth for present and future generations, with the legislation setting out requirements for governance, transparency and accountability.
The reappointments come as Guyana continues to receive billions of US dollars in petroleum revenues and use withdrawals from the NRF to finance national expenditure.
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