THE Bankers’ Association of Trinidad and Tobago (BATT) has a new president. She is Karen Darbasie.
According to a release from BATT, Darbasie was formally made president on Tuesday during a hand over ceremony at the First Citizens Corporate Centre, Port-of-Spain.
Darbasie, who is also the group Chief Executive Officer of First Citizens’ Bank, will be taking over from managing director of Republic Bank Nigel Baptiste.
She will hold the position for the next two years.
Speaking after her appointment, Darbasie said BATT would give priority to advocating for legislation to satisfy the standards for Global Forum and work on the Transparency and Exchange of Information for Tax purposes, support CFATF and lobby for the required legislative changes to ensure the implementation of the common agreed measures against money laundering and financial terrorism and continuing BATT’s Know Your Customer -KYC-Blockchain initiative.
The release said Darbasie was a career banker, who was appointed as the first female CEO of First Citizens’ Group.
Her tenure at the bank was marked by significant achievements, like a Group-wide organisational transformation exercise, significant efforts toward the advancement of women and girls, through the and increased profitability with the group crossing over $1 billion in profit before tax for the first time, at the end of the September 2018 fiscal period, the release noted.
