NCBFG appoints interim CEO and CFO; former Scotia boss named special advisor
NCB Financial Group Limited (NCBFG) has announced the appointment of director Robert Almeida as the interim Group Chief Executive Officer and Malcolm Sadler, Chief Financial Officer of National Commercial Bank Jamaica Limited (NCBJ), as Interim Group Chief Financial Officer, subject to regulatory review.
The company, in a release on Friday, also announced the appointment of former Scotia Jamaica boss Bruce Bowen as special advisor to the interim Group CEO.
The appointments come as NCBFG moves to permanently replace on-leave Group CEO Patrick Hylton and his deputy Dennis Cohen.
READ: NCB top execs Hylton, Cohen to be replaced
“These appointments reflect the company’s commitment to ensuring continuity and strong leadership during this transition phase,” the company said.
Almeida is a chartered accountant and has been a director of National Commercial Bank Jamaica Limited (NCBJ), since 2008. He is currently a director of NCBFG, NCBJ, Guardian Holdings Limited (GHL) and Clarien Bank Limited. Almeida is an accomplished business executive and investor, with deep ties to NCBFG and well-suited to guide NCBFG through this transitional period, NCBFG said in the release.
READ: Hylton gives his account
The company said Sadler, as the interim Group Chief Financial Officer, brings extensive financial expertise to the role with over 20 years of service to NCBJ. With a strong background in accounting and finance, strategic development, and risk management, Sadler will play a vital role in supporting the company’s financial objectives during this interim phase. He will continue as Chief Financial Officer of NCBJ, the company said.
Meanwhile, the NCBFG Board of Directors expressed confidence in both Almeida and Sadler’s ability to provide stability and strategic direction during this transition.
“Their combined leadership and industry knowledge will be instrumental in ensuring the company’s continued growth and success,” the company said.