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New FirstCaribbean CEO assumes role

CIBC FirstCaribbean has appointed Gary Brown (pictured) as chief executive officer of CIBC FirstCaribbean with effect 1 January 2016. 

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TheBahamasInvestor.com
Thursday, January 7, 2016
Thursday, January 7, 2016

CIBC FirstCaribbean has appointed Gary Brown as chief executive officer of CIBC FirstCaribbean with effect 1 January 2016.

Prior to this role, he was global head of corporate banking with the bank’s parent company, CIBC.

The new CEO has stated his intention to build on the strong recovery that the bank has been seeing over the past two quarters, with its highest net income in five years being recorded in the third quarter of 2015.


In a message to employees, he said that his focus will be on the acceleration of growth across the bank’s regional footprint through an even stronger emphasis on customer service.

“We are a service business and serving our customers well is the only way we can distinguish ourselves from the competition and achieve success. I personally intend to stay focused by making contact with at least one customer every single day – either in person, in client meetings or by telephone.”

Brown succeeds Rik Parkhill, who demitted office at the end of December after a four-year tenure.

New FirstCaribbean CEO, Gary Brown assumes role

The new chief executive officer of CIBC FirstCaribbean, Gary Brown (at right), is greeted on arrival by some of the Barbados-based members of the bank’s senior executive team in Bridgetown, Barbados, January 4, 2016. (Photos courtesy CIBC FirstCaribbean)

The Palm Cay marina and luxury residential resort on New Providence was named as an official port of entry to The Bahamas December 18. It welcomed its first international vessel shortly after.

Former financial secretary John Rolle has taken up the post of The Bahamas Central Bank Governor effective immediately. Watch a ZNS Network news report here.

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