Scotiabank names new head

Carla Bridglal

Stephen Bagnarol has been appointed the new managing director of Scotiabank Trinidad and Tobago Limited, effective November 1. He will also assume the portfolio of senior vice-president and head of the Caribbean South and East, the bank said in a release Thursday.

Bagnarol’s role immediately preceding his TT appointment has been senior vice-president for wholesale banking in Peru.

He has also worked in Mexico, New York City and Panama.

Bagnarol will replace Jamaican Anya Schoor who has been local chief since 2012.

Schoor will now be moving to Toronto, Canada, as the executive vice president for Scotiabank’s retail payments, deposits and unsecured lending for Canadian banking, also effective November 1.

Schnoor is currently the president of the Bankers’ Association of Trinidad and Tobago (BATT), and has six months left on her tenure. A BATT spokeswoman told Newsday that the organisation had not yet determined her replacement but would make an announcement shortly.