- Director of Energy Production
Ruth Forbes was appointed as President and CEO of FortisTCI in the Turks and Caicos Islands (TCI) effective August 2020. She stands as one of the few female CEOs in the utility sector serving the Caribbean region.
Prior to this appointment, Mrs. Forbes was Senior Vice President of Corporate Services, Chief Financial Officer, and Company Secretary. With over 14 years of experience in utilities, she has had oversight of several business functions including finance, internal audit, legal, customer service, corporate communications, human resources, supply chain management, and more.
Mrs. Forbes spearheaded the “Investors in People Certification” initiative at FortisTCI and led the company to become the first to receive such designation in the TCI. She also led the FortisTCI’s first US Private Placement Financing Transaction and its inaugural credit rating initiative with S&P (BBB). FortisTCI is the first private company in TCI to achieve Investor Grade Credit Rating.
Mrs. Forbes has a Diploma in Business Administration (Honors) from University of Technology, Kingston, Jamaica and a Bachelor’s degree in Accounting from Barry University, Florida, USA. She successfully completed the Certified Public Accountant (CPA) examinations in 2003 and Certified Management Accountant (CMA) in 2014.
She serves as a Director on the board of FortisOntario, a sister utility of FortisTCI, which are both subsidiaries of Fortis Inc. She is also a Director of Belize Electricity Limited. Mrs. Forbes is a former Director of the Turks and Caicos Airports Authority Board and Turks and Caicos National Insurance Board. She is also a devout philanthropist and founder of “Jewels Ablaze” a not-for-profit organization geared at mentoring, developing and supporting young women in the community.