Sep 2022 Financial News

FirstCaribbean International Bank Limited - Notice of Material Changes

Sep 02, 2022

The Trinidad and Tobago Stock Exchange Limited (TTSE) received notice from FCI advising of the following:

• The appointment of Mr. Mark St Hill as Chief Executive Officer (CEO) effective November 1st, 2022, subject to regulatory approval. Mark is FCIB’s Managing Director, Retail & Business Banking, and a long-standing member of the bank’s executive committee. Mark has been a banker for thirty-two years. His banking experience includes Retail Banking, Corporate Banking, International Banking, Credit Risk, Wealth Management, and Insurance. Mark is also a Fellow of the British Chartered Secretaries & Administrators.
• The retirement of the current CEO Ms. Colette Delaney effective October 31st, 2022. The board wishes to thank Ms. Delaney for her invaluable contribution to the continued success of the bank as CEO and formerly as Chief Risk Officer, including her exemplary leadership during the unprecedented COVID-19 pandemic.
• The retirement of Mr. Dan Wright, Managing Director, Wealth Management effective February 28th , 2023. Mr. Pim van der Burg, FCI’s Managing Director, Corporate and Investment Banking, will assume responsibility for Dan’s portfolio effective September 5th, 2022. Dan and Pim will work together on transition activities until Dan’s retirement. The board wishes to thank Dan for his many years of dedicated service to the bank.
• FCI’s wholly-owned subsidiary, FirstCaribbean International Bank (Barbados) Limited, will close its branch in Dominica on January 31st, 2023, subject to regulatory approval. 

Source:
The Trinidad and Tobago Stock Exchange Limited
Friday 2nd September, 2022