Tuesday 26 May, 2020

Trinidadian appointed to Caribbean Association of Banks board

New Caribbean Association of Banks Director Michael Walcott.

New Caribbean Association of Banks Director Michael Walcott.

The Caribbean Association of Banks (CAB) has appointed Michael Walcott to its board of directors.

Walcott, who is from Trinidad and Tobago, has expertise in risk management and business process development. He has significant industry knowledge on Compliance, Corporate Operation Process Improvement, Operational Risk, and Auditing.

He presently holds the portfolio of General Manager, Overseas Operations, with Republic Financial Holdings Limited (RFHL).

In his most recent capacity, Walcott served as the Project Lead on the Cayman Integration Project, with responsibility for ensuring a seamless transition and implementation of governance policies and procedures during the Group’s acquisition of the Cayman National Corporation (CNC) in 2019.

Walcott holds a BA in Accounting from Morehouse University, Atlanta, Georgia, has certification in Professional Anti-Money Laundering under the Florida International Bankers Association (FIBA) and was he awarded a certificate in Compliance from Citigroup.

He replaces Guyana born director Sean Husain, who passed away suddenly on 23 March, 2020.

In a statement, CAB Chairperson Dalton Lee, welcomed Walcott to the board saying: “It is a tremendous pleasure to be able to receive Michael, whom I am certain will play a significant role in advancing our organisational goals and objectives.”

“We are delighted at his willingness to take up the challenge of working with us to serve our members across the region and beyond. Sean’s presence will, of course, be greatly missed, and we will continue to cherish his memory and hold him dear to our hearts.”

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