Bridgetown, Barbados - June 5, 2013, Bridgetown, Barbados - CIBC FirstCaribbean International Bank announced that it has named Daniel Farmer as managing director, corporate lending and investment banking.
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Mr. Farmer started his career in Barbados with Citicorp Merchant Bank Limited (Citigroup), managing the corporate bank in Barbados. He was later promoted to Corporate Bank Head for the non-branch territories in the Caribbean (Barbados, Eastern Caribbean, Guyana, Suriname and Belize).
He joined the Simpson Group of Companies in 2006 as the group’s Vice President of Treasury and overall Group director. During his tenure, he oversaw three large successful acquisitions, which led to the formation of the SOL group.
He was also responsible for the centralization of treasury management function. Mr. Farmer joined CIBC FirstCaribbean International Bank in February 2010 as Managing Director for the Barbados Operating Company. He is replacing Ian Chinapoo, who has taken up another senior position outside of CIBC FirstCaribbean.
Mark St. Hill will assume the role of Managing Director, Retail and Business Banking; and Ms. Donna Wellington will assume the role of Managing Director, Barbados.
Mr. St. Hill was appointed Managing Director of CIBC FirstCaribbean’s Barbados business in September of 2012. Previous to that he was the Director, International Banking with responsibility for the leadership and development of the International Banking (Personal & Corporate) offering across the six centres in the Bahamas, Barbados, the British Virgin Islands, the Cayman, Curacao and the Turks and Caicos Islands.
An experienced banker with more than 20 years in various positions spanning Insurance Broking, Retail Banking, Corporate Banking, Credit Risk, International Banking and Wealth Management, Mr. St. Hill has also held senior management positions in several countries in the Caribbean such as Grenada, the British Virgin Islands and Barbados.
Ms. Wellington joined CIBC FirstCaribbean International Bank in 2005, after working for Sagicor, Ernst & Young Caribbean and PricewaterhouseCoopers in Barbados. At CIBC FirstCaribbean she has progressed through various positions in the corporate finance and investment banking segments, culminating in her current position as the Head of the Corporate Credit Recoveries group based in the Bahamas.
Ms. Wellington is considered a specialist in the hospitality and real estate sector, advising clients on various transactions in these areas and a regular speaker on these topics. She has had responsibility for revenue generation, relationship and pipeline management and the execution and closure on some of the regions more complex corporate deals.
CIBC FirstCaribbean has also announced the creation of a new unit in the bank. The new Governance and Controls Unit will be led by Donna Graham, who has been appointed Managing Director Governance and Controls.
Mrs. Graham most recently performed the role of Chief Auditor. Mrs. Graham has had successful careers in both the private and public sectors in Canada. She worked as a Management Consultant from 1999-2002 at the Canadian firm of McKinsey & Company where she developed business strategies for a number of Fortune 500 Companies across multiple sectors, including Financial Services. She joined CIBC FirstCaribbean’s parent company in 2002 to develop an internal Strategic Consulting group for the Retail Bank. ■