FCIB announces CEO resignation

At a meeting of the Board of Directors of First Caribbean International Bank Limited (FCIB) held on May 11, 2011, the Board of Directors accepted the resignation of Mr. John Orr as Chief Executive Officer (CEO) effective September 11, 2011. Mr. Orr will be returning to a senior executive position at CIBC in Toronto. At the said meeting, the Board appointed a senior CIBC Executive, Mr. Douglas "Rik" Parkhill, as the new CEO of FCIB, effective September 12, 2011 subject to regulatory and government approvals.