Bermuda seeks Telecoms Authority CEO
The Bermuda Government is looking for someone to head up its new telecommunications Regulatory Authority.
It has launched an international search for a qualified candidate, placing an advertisement in the March 31 edition of The Economist magazine.
When the budget was released last month, the Ministry of Environment, Planning and Infrastructure announced an 11 percent increase to help “bring order” to the telecommunications industry with the implementation of long-awaited reform.
The Ministry indicated the additional funds were earmarked to enable the Department of Telecommunications implement reforms put into place by the recent passage of the Regulatory Authority Act 2011 and the Electronic Communications Act 2011.
Minister Marc Bean said at the time, “As a result of reform, we expect to see a wider range of services at a higher quality for a decreased cost, to the benefit of both consumers and businesses.”
“The telecommunication marketplace has seen much disruption and rancour of late,” he said. “The uncertainty that is created by the current transition period between regulatory regimes is providing opportunities for carriers to push the envelope.
“While we do not wish to stifle innovation or competition that will be the norm in the near future, we must still retain control of the regulatory environment to ensure that upon implementation of the new regime all carriers will be able to compete fairly.”
Minister Bean added: “I can assure you that we will take all necessary steps to ensure that implementation is a success, including ensuring that no one provider obtains an unfair advantage over others.”
The new CEO the Government hires will oversee the new telecom reforms. The ad for the Regulatory Authority’s first chief executive officer states Bermuda is seeking “an outstanding candidate” to “lead the creation of the new Authority and implement sustainable improvement in the telecommunication sector.”
Specific responsibilities include policy development and implementation of regulations as outlined in the new legislation. The position also includes management of public consultations, licensing, consumer issues, spectrum, price controls, economic assessments, interconnection, universal service, quality-of-service, finance and staff training.
The ad said the CEO must have more than ten years of experience in the telecommunications industry and “substantial experience in economic regulation, with a post graduate or equivalent qualification in accounting, economics, law or telecommunications engineering”.
The CEO must also “demonstrate a successful track record of applying intellectual, communication and team leadership managerial skills to deliver results, working in a competitive market”.
The pay and benefits package for the new position is described as competitive and is listed in The Economist under the $50,000-$100,000 range.