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Search for director of new economic department

David Burt, the Premier (File photograph by Blaire Simmons)

The Government is seeking a director for its new Department of Economic Development.David Burt announced the formation of the department in the House of Assembly on January 31, saying it would become operational “in the coming months”. The post of director is now being advertised on the Government’s Bermuda Job Board.The Premier told MPs in January that the new department would “concentrate energy, resources and expertise in order to stimulate growth and diversify our economy”.He said the new department would combine the ICT policy and innovation unit, the business development unit and the fintech business unit and would not create any new civil service posts.The Premier told the House of Assembly that the department’s work would include promotion of Bermuda as a test market for new products and industries and also provide “a concierge service for new companies”. Mr Burt added that ministers had previously been responsible for economic development, but that the sector had never been co-ordinated by a single government department.That, he said, had led to “duplicated efforts, companies being lost to other jurisdictions and activities being advanced without the necessary foundation to ensure success”.The advert on the Job Board said the successful candidate would be “accountable for the strategic direction, planning, management and administration of the Department of Economic Development in promoting business and economic development interests that will enhance economic growth in Bermuda”.The application deadline is today.