Financial Institution Crisis Management Takes a New Turn in Saint Kitts and Nevis
Election of New Directors Strengthens St. Kitts-Nevis-Anguilla National Bank Limited’s Crisis Management Capabilities
Basseterre, St. Kitts - In a move aimed at enhancing the financial institution’s crisis management capabilities, shareholders of St. Kitts-Nevis-Anguilla National Bank Limited have elected eight new directors to serve on its board.
New Directors Bring Diverse Expertise and Experience
The newly-elected directors, along with two continuing directors, will comprise the bank’s Board of Directors. The new directors bring a wealth of experience and expertise in various fields, including:
- Financial Services: Mrs. Carol Boddie, an experienced financial services professional
- Accounting: Mr. Glenville Rogers, an experienced accounting professional
- Law: Ms. Azuree Liburd, a recent law graduate
- Management: Mr. Terrence Crossman, with a background in finance and corporate restructuring
- IT: Ms. Ophelia Blanchard, an IT expert with a Master’s degree in Computer Science
- Human Resources: Mr. Hollis Prentice, an economist with a background in human resources
- Shipping and Purchasing: Mr. Ronald Powell, a sports enthusiast with experience in shipping and purchasing
Key Appointments
Mrs. Carol Boddie was elected as Chairperson of the board, while Mr. Terrence Crossman was appointed as Managing Director and 1st Vice-Chairperson.
Expectations for the New Directors
As the new directors take on their roles, they will be responsible for:
- Establishing high-level business strategies
- Providing guidance and oversight to the bank’s management
- Strengthening the institution’s crisis management capabilities
This move is expected to help shape the bank’s strategic capabilities for the future and ensure its continued growth and development.
About St. Kitts-Nevis-Anguilla National Bank Limited
St. Kitts-Nevis-Anguilla National Bank Limited is one of the premier financial institutions in the Eastern Caribbean Currency Union, with over 50 years of experience serving the Federation of St. Kitts and Nevis. The bank has assets of over $3 billion and deposits of more than $2 billion.
The new directors will play a crucial role in addressing any potential financial crises that may arise in the future while ensuring the bank’s continued growth and development.