Richard Fraser has resigned as Scotiabank Jamaica’s vice president of legal affairs and company secretary.

His resignation takes effect July 14

Looking back at Fraser’s tenure at Scotiabank, current CEO Audrey Tugwell Henry wrote: “Richard joined Scotia Group in 2017 and has been very supportive of collaboration among business lines. He also created many efficiencies within the business throughout his tenure and has been involved and led numerous strategic transactions and initiatives which have been of material benefit to the Group.

“Richard has led a high performing team and has always focused on ensuring that he and his team provide unparalleled service and responsiveness to the Group and its operations. He has also been responsible for key procedure improvements and simplification including the revision of the mortgage process, which continues to drive significant gains to our operations.

“He was instrumental in enabling the Bank’s implementation and move to zero rated data on our mobile banking app. His contributions to the Group across all business lines will be missed.”

Fraser has a stellar reputation as a corporate lawyer and for many years prior to joining Scotia served as the head of legal at telecommunications giant Digicel.

BRINGS EXPERIENCE TO EXPANDING BUSINESS LANDSCAPE

He joined Digicel in 2007 as head of mergers and acquisitions and head of legal and regulatory affairs for Jamaica. He was later promoted to chief operating officer in 2012 then director of legal affairs and business development in 2014.

Given his vast experience, he brings a lot to the table as Jamaica’s business landscape expands.

At this time he has not announced where he is headed and he may very well be weighing up options.

Fraser studied Law at the University of Kent in the UK, returned to Jamaica and was admitted to the Jamaican Bar in 2008.