Mar 2017 Financial News

FirstCaribbean International Bank Limited - Notice of Material Change

Mar 13, 2017

The Trinidad and Tobago Stock Exchange Limited (TTSE) received notice from FCI that following their announcement that Mr. Brian Lee will be returning to Toronto to become Chief Auditor at CIBC, FCI further advise that Mr. Doug Williamson had been appointed Chief Financial Officer of CIBC FirstCaribbean. Mr. Williamson will join FCI at a date to be announced, subject to regulatory and immigration approvals.

FCI also announced that effective May 01st, the Chief Risk & Administrative Officer, Ms. Colette Delaney will assume the role of Managing Director and Head of Regional Country Management, Strategy and Marketing. Ms. Delaney will continue to report to the Chief Executive Officer and will remain a member of the Executive Committee.

With Ms. Delaney taking up her new role, Mr. Patrick McKenna has been appointed Chief Risk Officer, effective May 01st, subject to regulatory and immigration approvals. Mr. McKenna will report to the Chief Executive Officer and will become a member of the Executive Committee.

In addition to the changes outlined above, Mr. Brian Clarke, General Counsel & Corporate Secretary, will now report directly to the Chief Executive Officer and will become a member of the Executive Committee effective immediately.

Source:
The Trinidad and Tobago Stock Exchange Limited
Monday March 13, 2017