Jamaica’s NCB Financial Group (NCBFG) yesterday announced the appointment of former Central Bank of Trinidad and Tobago senior manager, Arvinder Bharath, to its board of directors on January 2, 2025.
Bharath retired from the Central Bank as senior manager financial technology and information security on August 6, 2023.
The announcement of Bharath’s appointment was made in a notice headlined ‘NCB Financial Group further strengthens its governance framework,’ which was published on the website of the Trinidad and Tobago Stock Exchange.
NCBFG is a financial services group that is headquartered in Kingston, Jamaica, and is listed on the Jamaica and T&T stock exchanges.
In its notice, NCBFG said Bharath “brings over 30 years of combined experience across different geographies in the banking, regulatory and technology industries.”
Before going to the Central Bank, she was employed as president and country head of RBC in T&T from October 5, 2009, to June 28, 2013.
Bharath was also employed with British multinational financial services company, Barclays Bank, for 11 years, leading its entry strategy into India, Dubai and South Africa, according to a Guardian Media interview published in March 2010.
Bharath was born in New Delhi, India, but grew up in England, where she completed an honours degree in information technology and an MBA in financial services, both at the University of London.
In its notice, NCBFG said that with the addition of Bharath to its board, the financial services group would now have eight directors, five of whom would be deemed independent, non-executive directors. They are Gary Brown, Thalia Lyn, Howard Shearer, Sanya Goffe and Bharath.
NCBFG’s three executive directors are its chairman, Michael Lee-Chin, group CEO, Robert Almeida and CEO of NCB Jamaica, Bruce Bowen.
NCBFG is the majority shareholder of T&T’s Guardian Holdings Ltd.
For the financial year ended September 30, 2024, NCBFG declared net profit attributable to the shareholders of the parent of J$15.02 billion, an increase from the restated J$3.29 billion the company earned for the financial year ended September 30, 2023.
