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The Falklands economic development agency appoints Josh Smith as managing director

The Falkland Islands Development Corporation, the archipelago's economic development agency, announced on Friday the appointment of Josh Smith as its new managing director, subject to final relocation arrangements. He will succeed Zachary Franklin, who will conclude his tenure in December.

The Falklands economic development agency appoints Josh Smith as managing director

The Falkland Islands Development Corporation has appointed Josh Smith as its new managing director, succeeding Zachary Franklin who will conclude his tenure in December. Smith, who has an international career spanning two decades, will hold senior leadership positions in the UK Civil Service, Canada, Taiwan, and Saudi Arabia. The corporation's chair, Michael Poole, praised Smith's strong combination of leadership, commercial experience, and strategic vision.

FIDC, established in 1984 and largely self-funding, provides loans and grants and promotes economic diversification, investment, and entrepreneurship across the archipelago. The handover comes amid Argentina's ongoing administrative proceedings and criminal complaints regarding hydrocarbon exploration in waters near the Falkland Islands.

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