Jan 2007 Financial News

FirstCaribbean has three new directors

Jan 02, 2007

THREE NEW DIRECTORS have joined the board of FirstCaribbean International Bank. The change follows CIBC's acquisition of Barclays Bank PLC's shareholding in FirstCaribbean.

Following completion of the sale, Steven McGirr, Tom Woods and John Orr were appointed CIBC's newest directors on the board. They join existing CIBC directors Richard Venn and Ron Lalonde, and independent directors, Barbadians Kyffin Simpson, Sir Fred Gollop and Sir Allan Fields, Bahamian Teresa Butler, Cayman Islands-based David Ritch, along with executive chairman Michael Mansoor and chief executive officer Charles Pink.

CIBC and Barclays announced last March that the Canadian company would acquire a majority shareholding in the regional financial institution. The transaction was completed on December 22. (PR)

The Daily Nation Newspapers
January 2, 2006
http://www.nationnews.com/story/10220302942905.php