Two new appointments made

There have been two more management shifts at Scotiabank Group Jamaica Limited, which has been undergoing changes since the departure of David Noel as president and CEO, who has returned to Canada to lead the bank’s Atlantic Region.

The two new appointments are Morris Nelson and Perrin Gayle, joining current president and CEO, Audrey Tugwell-Henry, who was appointed to the top post on January 1, this year, succeeding Noel.

Nelson has been appointed in the role of senior vice president, corporate & commercial banking, effective March 1, 2021.

NELSON A SEASONED BANKER

He is a seasoned banker, who has been with Scotiabank Jamaica for over 19 years and served in several capacities over his tenure at the banking group with his previous posting being vice president, commercial banking.

Prior to that, he served as senior manager for credit solutions, relationship manager and operations manager.

Nelson holds an MBA from the University of the West Indies-Mona School of Business, a BSc. in Management & Accounting also from the University of the West Indies and a Diploma in Banking from Institute of Canadian Bankers.

Nelson replaces Perrin Gayle, who was recently appointed SVP, retail banking.

Gayle, who previously served as the bank’s senior vice president with responsibility for corporate and commercial banking, takes up the post left vacant by Tugwell-Henry.

OPERATIONAL CHANGES BEING MADE

Scotiabank in recent times has been making a number of operational changes, as the bank seeks to reposition and strengthen its business in the region and maximise shareholder returns. During the course of this year, Scotiabank will convert six of its banks to digital operations.

The bank recently opened its $1.5 billion newly redesigned and renovated flagship branch in downtown Kingston.

Scotiabank also announced in December last year that Anya Schnoor had been appointed as the executive vice-president of its Caribbean, Central America & Uruguay region, taking over from Brendan King, who retired after a 30-year distinguished career at the bank.

Schnoor, a Jamaican, was most recently executive vice president, Retail Products for Canadian Banking. She has held several senior roles in Jamaica and Trinidad & Tobago in her 28-year career.