CIBC FirstCaribbean Elected to Board of International and Financial Business Association
First time that a Caribbean bank has been appointed to the board in its over four-decade history
Bridgetown, Barbados, 15 February 2023. When the Financial and International Business Association held its annual meeting in December, CIBC FirstCaribbean was elected to serve as a member of its Board of Directors.
This is not just a first for the regional bank, but it is the first time that a Caribbean bank has been appointed to the board in its over four-decade history.
The bank's Chief Compliance Officer, Candice Huggins will represent the bank on the Board of Directors for a period of one year.
Candice noted, "the fact that CIBC FirstCaribbean was asked to serve on the Board of Directors of FIBA is a testament to the recognition of the strength of our AML/ATF and ABAC programs, and our commitment to ensuring Regulatory compliance regionally and internationally”.
FIBA is recognized as the leading voice for International Banking in the U.S., Latin America, & the Caribbean. FIBA’s core mission is to provide high-level educational and advocacy support to its membership which includes community banks and the largest financial institutions active in international banking.
Built on a legacy that spans over 42 years, the Florida-based and globally connected organization’s membership includes the largest financial institutions from the United States, Europe, Latin America, and the Caribbean. As a respected industry voice in Compliance and Trade Finance, FIBA has become a recognized leader in the promotion of Technology, Cyber Security, and Innovation in financial services