CIBC Caribbean appoints new country head for Trinidad and Tobago

CIBC Caribbean has announced the appointment of veteran banker, Mahadeo Sebarath, as the new head of country for Trinidad and Tobago business.

In a release, the bank said Sebarath’s appointment was the culmination of a diligent recruitment process which commenced at the start of this year.

CIBC Caribbean’s chief country management officer, Donna Wellington, said the bank has made several changes to its country management structure, appointing new leadership in a number of territories in its ten-member footprint.

“I am pleased to announce the appointment of Sebarath as country head for CIBC TT. He has over 25 years of leadership experience and expertise at local, regional and international levels in the areas of banking, corporate finance, business development, strategic planning and business transformation,” Wellington said.

Sebarath is a seasoned international banking leader with significant knowledge in managing business transformation, digital end-to-end onboarding solutions, expertise in design thinking, strategy formulation and development of new business models.

“He was integral to the conceptualisation and creation of the first Shared Services Financial Hub in TT,” the release said.

Sebarath, a qualified accountant and certified internal auditor, previously served as managing director of the largest bank in the Dutch Caribbean.

He also served on several boards in TT, Barbados and the Dutch Caribbean.

CIBC Caribbean is a relationship bank offering a full range of market-leading financial services.

The bank operates in ten countries across the region, employing over 2,700 people in 41 branches.