First National Bank has a new Managing Director.
St Lucian, Johnathan Johannes, was officially introduced to the nation on Wednesday and pledged to transform the bank into a “truly world class institution.”
Johannes assumed the post effective June 1, 2017; nearly one year after the tragic death of his predecessor Andy Delmar who was killed in a car crash on the Millennium Highway.
The new MD brings to the job ten years of banking experience.
He previously worked with CIBC First Caribbean International Bank in various capacities including, District Manager in Barbados as well as Business Support Manager and Country Head in Antigua.
Most recently he served as Director of Sales for the Unicomer Group (Courts), according to his LinkedIn account.
Regarding his new job, Johannes stated: “This opportunity came up to lead and be part of a truly St Lucian company and I felt it necessary to jump at this opportunity because it’s a way of bringing expertise that you have gathered from the international banks, from the retail industry to try to make a difference for an indigenous institution.”
Johannes said the biggest threat facing Caribbean banking is the issue of de-risking whereby global financial institutions cut off relations with smaller banks, like those in the Caribbean, making it more difficult to do transactions like money transfers.