January 6, 2009. FirstCaribbean International Bank has announced the appointment of Clovis Metcalfe, a 35 year veteran of the bank, to the role of Managing Director in Jamaica. Clovis, replaces current MD, Milton Brady, who has been appointed to FirstCaribbean’s Executive Management Committee as Managing Director, Corporate Investment Banking. Mr. Metcalfe’s appointment takes effect from January 1st 2009. As well as overseeing the bank’s day-to-day operations in Jamaica, Mr. Metcalfe will play a key role in managing the bank’s relationships with the Jamaica government, Regulators and key large customers. Mr. Metcalfe has served FirstCaribbean in several leadership capacities throughout his banking career. These have included areas of branch management and Corporate Credit. His wealth of knowledge and experience has therefore made him an ideal candidate to serve in this capacity, having served more recently as Head of Corporate Banking. Chairman, Michael Mansoor, to whom Mr. Metcalfe will have a reporting line, added “the financial landscape has changed significantly in the past several months, and the environment has become increasingly challenging. We know we will need our best people in key positions to ensure success in the future. Clovis has proved time and again he is up to the task and we feel very fortunate to have him at the helm in a market as important as Jamaica.” Mr. Metcalfe is the recipient of numerous awards for service excellence, including FirstCaribbean’s Player of the Series Award for 2006. He was also recognised as CIBC Jamaica’s ‘Employee of the Year’ in 1986 and won the ‘Annual Achievers Award’ in 2001. He also received the ‘President’s Award’, a prestigious award reserved exclusively for the top five percent of CIBC Achievers worldwide. About FirstCaribbean International Bank FirstCaribbean is a major Caribbean bank offering a full range of market-leading financial services in Corporate Banking, Retail Banking, Wealth Management, Credit Cards, Treasury and Capital Markets. Formed in 2002, it is a member of the CIBC Group and is the largest, regionally-listed bank in the English and Dutch speaking Caribbean, with assets of over US$12 billion and market capitalization of US$3 billion. The Bank has over 3,500 staff; over 100 branches, banking centres, and offices in 17 regional markets, and serves 800,000 active accounts. Every year from 2004 to 2007, FirstCaribbean was named “Best Emerging Market Bank” by Global Finance magazine of New York. Since inception, the bank has also received several industry awards for excellence from, Euromoney Magazine, Latin Finance Magazine, and The Banker magazine. Through the FirstCaribbean International Comtrust Foundation, FirstCaribbean dedicates 1% of its annual prior year profits (pre-tax) to Community Partnership in the countries where it operates. INSIDE GRENADA NEWS