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$3-billion parachute

It has now been revealed that the departure of several senior executives of National Commercial Bank Jamaica (NCBJ) last September resulted in a $3-billion exit package, as seen in the bank’s 2023 audited financials. The financials showed that NCBJ’s key management carried home $3.91 billion in compensation for the 2023 financial year, with $3.83 billion attributed to salaries and other short-term benefits. The management remuneration related to NCBJ directors highlighted...

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Elite Diagnostics sets up monitoring group to curtail machine downtime

Medical scans or diagnostics is a costly health service for consumers but one that remains heavily in demand, which means the equipment, such as MRI machines, is susceptible to costly breakdowns for providers. One such company, Elite Diagnostics...

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Jamaica Stock Exchange : JSE) Resignation of Director -November 03, 2023 at 04:29 pm EDT

Jamaica Stock Exchange : JSE) Resignation of Director -November 03, 2023 at 04:29 pm EDT
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Another NCB manager leaves company - Jamaica Observer

THE NCB Financial Group on Tuesday said Euton Cummings, its senior vice-president for group human resources and facilities division, has left the organisation.
The release posted on the Trinidad and T...

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More Senior NCB Managers Stepping Down As Shakeup Continues

More Senior NCB Managers Stepping Down As Shakeup Continues
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Staff on edge at NCB - Jamaica Observer


Staff at the NCB Financial Group subsidiaries, especially NCB Jamaica and NCB Capital Markets, are on edge in the wake of major changes made to the senior management of the companies in a move one...

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NCB rings in changes as more top execs move

The process of ‘delayering’ and ‘reset’ at Jamaica’s largest bank, the National Commercial (NCB), is well under way as two more top executives under the NCB Group have departed. Steven Gooden, chief executive officer of NCB Capital Markets, and...

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NCB hunting for new CEO

The search is on for a new CEO at Jamaica’s largest bank, the National Commercial Bank (NCB). This comes after yesterday evening's announcement that Septimus 'Bob' Blake has tendered his resignation. The outgoing CEO told a stunned gathering,...

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