Former secretary of state Margo Vliegenthart was involved in the organization as of the establishment of the CFT in 2007. With her profound knowledge, meticulous way of working and sincere interest in the islands, she has contributed significantly to the content of supervision.
In the first years, the CFT worked based on the General Decree of the Kingdom on which the Netherlands and the former island territories Bonaire, Sint Eustatius and Saba reached an agreement. Later also the former Country of the Netherlands Antilles, as well as Curaçao, Sint Maarten and the Netherlands agreed on a General Decree of the Kingdom on which the supervision on the public finances would be based. Due to the new political relations two Boards of financial supervision emerged: one for Curaçao and Sint Maarten and one for the BES islands. Vliegenthart is member upon proposal of the Netherlands for both Boards.
The Netherlands will now seek a replacement to propose as a member of the CFT, in line with the other participating countries of the CFT. Prof. Age Bakker has recently been postulated as chairman for both CFT's. Furthermore, CFT Curaçao and Sint Maarten consists of Mr. Alberto Romero upon proposal of Curaçao and Mr. Richard Gibson upon proposal of Sint Maarten. Upon proposal of Bonaire, Sint Eustatius and Saba, Mr. Max Pandt is member of CFT BES, alongside the chairman.