Jan 2025 Financial News

CIBC Caribbean Bank Limited - Notice of Changes in Senior Officers

Jan 29, 2025

CIBC Caribbean Bank Limited
Notice of Material Change
 

Notice issued pursuant to Section 60(3)(a) of the Securities Act of Barbados Section 64(1)(b) of the Securities Act of Trinidad and Tobago Section 98(3) of the Eastern Caribbean Securities Market Securities Act 2001

January 27, 2024 Barbados – January 27, 2024 Barbados – CIBC Caribbean Bank Limited (“the Bank”) is pleased to announce the appointment of Ms. Donna Wellington as Chief Country Management Officer effective March 1, 2025. Donna will lead our new heads of country team, managing our client experience, revenue generation and regulatory interactions across our 10 country markets. Donna is a seasoned banker with 35 years’ of experience in the financial services sector. She holds a BSc. in Accounting from the University of the West Indies and is a Chartered Professional Accountant (CPA). She also holds a master’s Certificate in Financial Leadership from Schulich Business School, York University, and is a member of the Certified General Accountant Association of Canada (CGA). Donna will continue to report to CIBC Caribbean’s CEO, Mr. Mark St. Hill, as a member of the Bank’s executive committee.

We also announce the following retirements. Mr. Mark McIntyre, Managing Director, Cayman Operating Company, and Mr. Nigel Holness, Managing Director, Jamaica Operating Company, will both retire effective May 1, 2025. Dr. Jacqueline Bend, Managing Director, Bahamas Operating Company, and Mr. Anthony Seeraj, Managing Director, Trinidad Operating Company, will retire effective August 1, 2025 and October 31, 2025, respectively.

Although retiring, the Bank will continue to rely on Mark’s, Nigel’s, Jacqueline’s and Anthony’s expertise. Mark will assume chairmanship of the boards of CIBC Caribbean Bank (Cayman) Limited, CIBC Caribbean Bank & Trust Company (Cayman) Limited, and will continue as chair of FirstCaribbean International Bank (Curacao) N.V. Nigel will assume chairmanship of CIBC Caribbean Bank (Jamaica) Limited. Jacqueline and Anthony will assume important roles as consultants.

The board wishes to thank Mark, Nigel, Jacqueline and Anthony for their invaluable contributions and looks forward to their support in the future.

The board is also pleased to announce that our Barbados, Jamaica and Cayman Islands markets will each be led by a new head of country, subject to regulatory approval:

Mr. Kemar Polius Barbados
Ms. Annique Dawkins Jamaica
Mr. Gemel Sobers The Cayman Islands

Newheads of country for Antigua, The Bahamas and Trinidad and Tobago will be announced in due course.

The heads of country will report to the Chief Country Management Officer. We wish them success in their new roles.

 

Source:
The Trinidad and Tobago Stock Exchange Limited
Wednesday 29th January, 2025