Jun 2015 Financial News

FirstCaribbean CEO stepping down

Jun 17, 2015

Rik Parkhill is stepping down as CEO of FirstCaribbean International Bank Limited at the end of the year. His resignation was accepted at a meeting of the regional bank’s board of directors on June 12.

In a notice to the T&T Stock Exchange, the bank announced that senior Canadian Imperial Bank of Commerce (CIBC) executive Gary Brown will take up the appointment as the new CEO on January 1, 2016. 

A full transition plan for the end of year has been established which focuses on face to face meetings with the new CEO and the bank’s stakeholder groups across the region. 

Parkhill, who has held the top post at FirstCaribbean since September 2011, was a senior executive with CIBC, the regional bank’s parent company before being tapped to head up the Caribbean operation.

Other appointments announced by FirstCaribbean include Neil Brennan taking over the position of managing director, Human Resources, effective June 15. Carolyn Lewis will assume the role of deputy managing director, Human Resources.

Source:
Trinidad Guardian
Wednesday June 17, 2015

http://www.guardian.co.tt/business/2015-06-17/firstcaribbean-ceo-stepping-down