The Hon. Ryan Ricardo Straughn, MP
Cabinet Minister, Barbados
Ryan Ricardo Straughan is a Barbadian economist, politician, and a current Cabinet Minister.
Early life and education
Ryan Ricardo Straughn holds a BSc Economics & Mathematics degree (UWI) with First Class Honours, MSc Econometrics degree (Manchester) and is a trained National Accounts statistician (IMF Institute).
Ryan Straughn is an economist with work experience at domestic, regional and international level. He is the founder and Managing Director/CEO of ABELIAN Consulting Services. He is a former Central Bank of Barbados economist with over 10 years’ experience modelling the macroeconomic business cycle and assessing the stability of the financial system. He spent 4 years at the Central Bank of Barbados modelling the economy of Barbados and has consulted on rebasing the Barbados economy since leaving the institution. Ryan joined the risk management department of Motability Operations (UK) in 2006, as its Asset Risk Analyst, where he conducted extensive risk analytics and economic capital modelling on the company’s portfolio worth £3.7 billion with annual turnover of £2.2 billion. In 2009, he formed our predecessor, ABELIAN Associates in the UK, where he provided consulting services for companies such as MasterCard Europe, HSBC and Zurich.
Straughn is also a member and a former President of the Barbados Economics Society (2011-2012) and Chairman of the Trade and Economic Policy Committee at the Barbados Chamber of Commerce & Industry. He is also a director of the Waterford Music & Cultural Society, a non-profit organisation that is committed to the development and transformation of music and its practice amongst the youth in Barbados and the wider Caribbean.
Straughan, a first-timer to elective politics, successfully contested the Christ Church East Central seat for the Barbados Labour Party (BLP) in the 2018 general election, unseating Education Minister Ronald Jones. He was apointed Minister in the Ministry of Finance in the Mia Mottley Administration.
Straughn is married to wife Jennifer and father of Kofi Obama.