The board and management of Caribbean Assurance Brokers Limited have initiated succession planning following the sudden departure of Sheraley Bridgeman as chief executive officer.

The company, in a statement, advised that Bridgeman’s exit took effect from July 31.

During her tenure, Caribbean Assurance Brokers said that Bridgeman provided committed leadership as the company navigated key phases of transformation and growth. 

Company heads thanked the CEO for her contributions and the positive impact she made during her time with CAB.

In the interim, Raymond Walker, founder and board chairman, will assume the responsibilities of CEO.

The company extended its best wishes to Bridgeman in her future endeavours.