Gary Brown New CEO CIBC First Caribbean

Gary Brown is the new Chief Executive Officer of CIBC First Caribbean. Prior to this role, Brown was Global Head of Corporate Banking with the bank’s parent company, CIBC. In that capacity, Mr. Brown had responsibility for corporate and institutional banking activities at CIBC, including lending to large corporates, real estate finance, global banking, international lending and certain non-core portfolio activities. From 2004 to 2013 Mr. Brown was President and CEO of CIBC World Markets Corp., the bank’s U.S. broker-dealer and responsible as U.S. Region Head for all business and governance functions under a U.S. regional management structure. Mr. Brown began his banking career in 1976 with The Chase Manhattan Bank, becoming a lending officer in the Commodity Finance division. The new CEO has stated his intention to build on the strong recovery which the bank has been seeing over the past two quarters, with its highest net income in five years being recorded in the third quarter of 2015. ¤

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