People Moves

Barbados Bank Appoints Legal Director For Wealth Management

Christopher Owen 28 January 2008

Barbados Bank Appoints Legal Director For Wealth Management

Barbados-based FirstCaribbean International Bank has appointed Cheryl Blackman as legal and compliance director in its eight-member Wealth Management Leadership Team. Ms Blackman will be responsible for management regulatory and reputation risk control. This also includes oversight of seven local risk and control managers, located in each of FirstCaribbean’s Wealth Management Centres. Ms Blackman was admitted to the Bar in Barbados and the US, where she spent 14 years as an Assistant District Attorney in New York County. She has been legal counsel at FirstCaribbean since 2002. FirstCaribbean is the largest, regionally-listed bank in the English-speaking Caribbean, with assets of over $12 billion and market capitalisation of $3 billion. It was formed in 2002 with the merger of CIBC West Indies Holdings and Barclays Bank's Caribbean operations. CIBC became the majority shareholder in 2006 and now holds 91.5 per cent of the shares of FirstCaribbean International Bank. FirstCaribbean offers a full range of financial services in corporate and retail banking, wealth management, credit cards, treasury and capital markets. The bank has over 3,500 staff; over 100 branches, banking centres and offices in 17 regional markets, serving 800,000 active accounts.

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