May 2008 Financial News

Pink leaving bank

May 08, 2008

CHARLES PINK, chief executive officer of FirstCaribbean International Bank, is leaving that financial institution later this year.

After a successful six-year term, he is leaving in order to move on to new challenges in his career. Pink will be succeeded in August by John D. Orr, a FirstCaribbean Board member and a senior Canadian Imperial Bank of Commerce (CIBC) executive with deep experience in retail, corporate, investment and international banking.

Pink has been CEO of FirstCaribbean since its formation in October 2002, when CIBC and Barclays merged their respective Caribbean banks. Under his leadership, the operations of the two founding partners were successfully merged and profits increased strongly during this period.

"Being CEO of FirstCaribbean has been a wonderful experience," said Pink. "I want to thank the board for their support over six great years."

Orr has had a successful 13-year career at CIBC and brings a wealth of relevant experience to FirstCaribbean.

He is currently executive vice-president and managing director, head of international retail banking and deputy head of corporate development at CIBC. (PR)


Source:
Nation News
May 7, 2008

http://www.nationnews.com/story/29030624272749.php