New Appointments At Republic Bank Limited

Port-of-Spain, Trinidad, October 5, 2015: Republic Bank Limited has announced the appointment of Mr. Nigel Mark Baptiste, as Managing Director Designate of Republic Bank Limited, and President and Chief Executive Officer Designate of Republic Financial Holdings Limited. He currently holds the position as the Bank’s Deputy Managing Director. These appointments came into effect on Thursday October 1, 2015. Mr. Baptiste will replace Mr. David Dulal-Whiteway upon his retirement from the Bank, which takes effect on February 11, 2016, after a distinguished career of 25 years.

Mr. Baptiste’s career with Republic Bank spans 24 years, during which time, he successfully progressed from junior management to executive management, leading diverse functions within the Group, including the Bank’s retail, corporate and overseas functions and as a Director on several Group boards. More recently, as Deputy Managing Director, Mr. Baptiste spearheaded a number of key strategic projects, including the formation of Republic Financial Holdings Limited as well as the acquisition of the Suriname operations, Republic Bank (Suriname) NV. He was also closely involved in the acquisition of the majority shareholding in HFC Bank (Ghana) Limited.

He holds Bachelors (First Class Honours) and Master’s degrees in Economics from the University of the West Indies, St. Augustine. Mr. Baptiste is an Associate of the Chartered Institute of Bankers and a graduate of both the ABA Stonier Graduate School of Banking and Harvard Business School’s Advanced Management Programme.

In addition to Mr. Baptiste’s appointment, the Board of Directors has also approved Ms. Jacqueline Quamina and Mr. Roopnarine Oumade Singh, to be appointed Executive Directors of Republic Bank Limited, effective January 31, 2016.

Ms. Quamina joined Republic Bank in 1995 and is the Bank’s Group General Counsel and Corporate Secretary. Ms Quamina has extensive experience in corporate law in the Caribbean, as well as, in corporate governance and compliance. She is a graduate of the University of the West Indies (LLB, Executive MBA) and University College London (MA). She is a member of the Bar in England and Wales (Grays Inn) and in Trinidad and Tobago. Ms. Quamina is also a graduate of Harvard Business School’s Advanced Management Programme and the ABA Stonier Graduate School of Banking. She serves on several boards within the Group and is a Director of Unilever Caribbean Limited and the Caribbean Corporate Governance Institute.

Mr. Oumade Singh holds Bachelor’s and Master’s Degrees in Economics from the University of the West Indies and an Executive MBA from Simon Fraser. He is a graduate of the Stanford Executive Management programme. His career in Republic Bank spans 20 years, during which time he has held several portfolios at the senior and executive management levels, including, Forex, Group Treasury, Risk Management and more recently, Corporate and Investment Banking.

Republic Bank extends congratulations to the Managing Director Designate and the two new Executive Directors and wishes them every success in their future positions within the Group.