CIBC FirstCaribbean International Bank has named Colette Delaney as its new regional chief executive from November 1, 2018, succeeding the retiring Gary Brown.
Ms Delaney has more than 30 years' banking experience, having started her career with CIBC in 1987. Prior to that, she worked with National Westminster Bank. She holds a Master of Arts degree from St Anne's College, University of Oxford, in the UK; an MBA from Cass Business School in London; and received the designation of associate of the Chartered Institute of Bankers in the UK.
Ms Delaney joined CIBC FirstCaribbean in 2013, and first served as the bank's chief risk and administrative officer. She was subsequently appointed chief operating officer, and is a member of the CIBC FirstCaribbean Board.
In her recent role, Ms Delaney has had responsibility for the performance of the bank's regional business lines - retail and business banking; cards and customer relationship management; corporate and investment banking; and wealth management. She was also responsible for the bank's regional country management, including local regulatory and client relationships, and has led the marketing and communications and strategy functions since May 2017.
David Ritch, CIBC FirstCaribbean's chairman, said: "Colette brings a wealth of experience and strong leadership to the bank. Given our strategic focus on client service excellence and growing our business, her appointment to the role of chief operating officer prepared her for this new role by giving her oversight of client service matters across the various areas of our business lines, with the additional perspective of our country management teams who reported to her. She is certainly no stranger to the region, having interacted with our clients, employees, regulators and host governments over the past five years."
Ms Delaney added: "I am strongly committed to our values of trust, teamwork and accountability, and to continuing to build an engaging environment where all employees are respected and recognised for their unique talents and perspectives.
"I've been working with our staff throughout the region, and I am proud of the talent and professionalism they demonstrate every day. My task as chief executive will be to continue to strengthen our focus on our clients and to foster our team's sense of pride in the work we do each and every day".
Mr. Ritch also expressed the bank's appreciation to retiring chief executive, Gary Brown, who has led its operations since January 2016. He added: "Gary changed the trajectory of our bank in a number of important ways, not the least of which has been three years of growth in revenues at FCIB.
"He has steered the organisation toward maintaining a focus on our clients at all times. Through his leadership we have improved client service and the day-to-day experience of our employees who serve them. We wish Gary a long and happy retirement with his family as they re-settle in the US."