CIBC FIRSTCARIBBEAN RECOGNISES KEY STAFF & DELIVERS PROMOTIONS
The Board of Directors of CIBC FirstCaribbean International Bank has decided to make a number of Senior Executive appointments, subject to regulatory and governmental approvals.
Effective 1st June 2013, Mr. Daniel Farmer will assume the role of Managing Director, Corporate Lending and Investment Banking, replacing Mr. Ian Chinapoo, who has taken up another senior position outside of CIBC FirstCaribbean in his native Trinidad; Mr. Mark St. Hill will assume the role of Managing Director, Retail and Business Banking; and Ms. Donna Wellington will assume the role of Managing Director, Barbados.
He joined the Simpson Group of Companies in 2006 as the group’s Vice President of Treasury and overall Group director. During his tenure, he oversaw three large successful acquisitions, which led to the formation of the SOL group. He was also responsible for the centralization of treasury management function. Mr. Farmer joined CIBC FirstCaribbean International Bank in February 2010 as Managing Director for the Barbados Operating Company.
An experienced banker with over 20 years in various positions spanning Insurance Broking, Retail Banking, Corporate Banking, Credit Risk, International Banking and Wealth Management, Mark has also held senior management positions in several countries in the Caribbean such as Grenada, British Virgin Islands and Barbados.
Donna is considered a specialist in the hospitality and real estate sector, advising clients on various transactions in these areas and a regular speaker on these topics. She has had responsibility for revenue generation, relationship and pipeline management and the execution and closure on some of the regions more complex corporate deals.
CIBC FirstCaribbean has also announced the creation of a new unit in the bank, to accelerate its progress on initiatives to strengthen its control environment. The new Governance and Controls Unit will be led by Donna Graham, who has been appointed Managing Director Governance and Controls. Mrs. Graham most recently performed role of Chief Auditor. Mrs. Patricia Rowe-Seale has in turn been appointed Acting Chief Auditor.
She joined CIBC FirstCaribbean’s parent company in 2002 to develop an internal Strategic Consulting group for the Retail Bank. In that role she served clients across all the retail businesses and assisted them with strategic challenges ranging from product development to distribution, organizational design and cost cutting initiatives.
In making the announcements, Chief Executive Officer, Rik Parkhill, noted: ” He added: “The Senior Executive Team members and I continue to be encouraged by the commitment – both in words of support and readiness to work hard to achieve the goals we have set for ourselves. I feel confident that our newly re-assigned executive will continue to receive the full support of our team across the region. We look forward to delivering our business strategy of providing excellent customer service, making a difference in our communities and returning our company to historical levels of profitability.”