Trinbagonian financier Angus Young has been announced as incoming chief executive officer of NCB Capital Markets Limited (NCBCM).
In a statement today (October 2), National Commercial Bank Jamaica Limited emphasised Angus’s wealth of experience and expertise in the financial industry, citing his numerous leadership roles regionally and within the organisation.
He replaces Steven Gooden, who stepped down last week as CEO following a nearly decade-long tenure which began in October 2013.
Angus’s journey with NCB began in 2014 when he assumed the role of NCB Merchant Bank (Trinidad and Tobago) Limited chief executive.
In 2018, he was also appointed Regional Head of Investment Banking at NCBCM and maintained dual roles until his appointment as Executive Vice President – Regional Investment Banking & New Markets at NCBCM in July 2022. Prior to joining the NCB Group, Angus held the position of Managing Director of BDO Financial Advisory Services Limited in Trinidad & Tobago, and had regional responsibilities for capital markets origination at another Caribbean financial institution.
Young expressed enthusiasm about his new appointment, stating that he was eager to deliver on the company’s commitment to empower its clients to unlock their financial aspirations.
“Our aim is to foster the growth and diversification of our clients’ portfolios by leveraging our vertically integrated model which starts with the manufacturing of assets by our investment bankers, and giving our clients access to these opportunities only after they are subject to our solid governance and risk management frameworks. This access incorporates a wide range of services and solutions, delivering an all-encompassing wealth management experience. We are embarking on an exciting journey to make this vision a reality. Our aim is to equip our clients with the tools, expertise, and guidance they need to navigate the complexities of wealth management confidently,” said the new CEO.
A renewed focus on wealth management solutions
The company is increasing its focus on wealth management.
According to Bruce Bowen, CEO of NCB, “NCB is committed to harnessing the strength of our insurance, banking, and investment solutions to provide holistic wealth management offerings for our valued clients across all segments of our business. This renewed commitment underscores our dedication to helping our clients achieve their financial goals.”
Bowen continued by saying that “Angus’s extensive experience and leadership skills make him the ideal candidate to lead NCB Capital Markets at this time. We look forward to his tenure as CEO and the exciting opportunities it will bring for the organisation and clients alike.”