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JAM | Sep 2, 2023

More changes to NCB management team

/ Our Today

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Revamped logo of the NCB Financial Group. (Photo: Facebook @NCBJa)

There are more changes effected as at Thursday (August 31) to the executive management team at NCB Financial Group Limited, which was shaken up over a month ago.

The latest changes see the appointment of Malcolm Sadler as the interim group chief financial officer of NCB Financial Group Limited (NCBFG), while Jacqueline De Lisser steps into the position of interim chief financial officer of National Commercial Bank Jamaica Limited.

Her appointment took effect on Wednesday, August 30.

The executive management at NCBFG was shaken up recently with the return of majority shareholder, Michael Lee-Chin, to the chairmanship of the banking group having cut his self-imposed leave short.

Michael Lee-Chin, chairman, NCB Financial Group. (OUR TODAY photo)

Days later, it was disclosed that the top two head honchos in managing director, Patrick Hylton, and his deputy Dennis Cohen, will be leaving the organisation with talks of a discord concerning their compensation packages.

Both men want a whopping J$13.8 billion which they maintain is owed to them and that the board had agreed to.

Hylton was still retained on the board.

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