JAMAICA'S most profitable bank — Scotia Group Jamaica (SGJ) — announced that it will appoint its first female president and CEO Jacqueline Sharp, effective September 1, following the appointment of Bruce Bowen to a regional position.
Bowen, president and CEO of the company over the last five years, will assume his position as senior vice-president of Caribbean international banking, effective next month.

Calls to Bowen's phone went to voicemail last night.
"At a board meeting today (yesterday), directors of SGJ appointed Jacqueline Sharp, currently executive vice-president, chief financial officer and chief administrative officer (CAO) as president and CEO of the company," stated the SGJ release on the Jamaica Stock Exchange, authorised by bank chairperson Sylvia Chrominska.
Sharp was also appointed a director of the SGJ and the Bank of Nova Scotia Jamaica Ltd.

Sharp joined Scotiabank in 1997 and over the past 15 years held progressively senior roles in the areas of treasury, finance, private banking and insurance. In April 2011 she assumed additional responsibilities as chief administrative officer in April 2013 and was appointed executive vice-president, CFO and CAO.
"Over the past few years Bruce (Bowen) has led SGJ through a very challenging economic environment. Our continued growth through this period is a testament to his leadership ability and the quality of the executive team he has developed," the
release said.

Chrominska, commenting on Sharp's appointment, said: "We are very pleased to have Jackie Sharp assume the position of president and CEO. As CFO and CAO Jackie has provided strong support to all of the group's business lines and together with her experience leading the private banking unit and Scotia Jamaica Life Insurance Company is well suited to assume the CEO role."
SGJ made a $5.6-billion net profit for its six months ending April 2013 on $11.7 billion in net interest income. This beat the second-largest bank defined by profits, National Commercial Bank of Jamaica, which earned $4.5-billion net profit on $11.1 billion in net interest income for its half-year ending March 2013.
NCB, however, regains the top slot when defined by total assets at $414.1 billion, compared to SGJ at $382 billion, company financials indicate.

JAMAICA'S most profitable bank — Scotia Group Jamaica (SGJ) — announced that it will appoint its first female president and CEO Jacqueline Sharp, effective September 1, following the appointment of Bruce Bowen to a regional position.
Bowen, president and CEO of the company over the last five years, will assume his position as senior vice-president of Caribbean international banking, effective next month.

Calls to Bowen's phone went to voicemail last night.
"At a board meeting today (yesterday), directors of SGJ appointed Jacqueline Sharp, currently executive vice-president, chief financial officer and chief administrative officer (CAO) as president and CEO of the company," stated the SGJ release on the Jamaica Stock Exchange, authorised by bank chairperson Sylvia Chrominska.
Sharp was also appointed a director of the SGJ and the Bank of Nova Scotia Jamaica Ltd.

Sharp joined Scotiabank in 1997 and over the past 15 years held progressively senior roles in the areas of treasury, finance, private banking and insurance. In April 2011 she assumed additional responsibilities as chief administrative officer in April 2013 and was appointed executive vice-president, CFO and CAO.
"Over the past few years Bruce (Bowen) has led SGJ through a very challenging economic environment. Our continued growth through this period is a testament to his leadership ability and the quality of the executive team he has developed," the
release said.

Chrominska, commenting on Sharp's appointment, said: "We are very pleased to have Jackie Sharp assume the position of president and CEO. As CFO and CAO Jackie has provided strong support to all of the group's business lines and together with her experience leading the private banking unit and Scotia Jamaica Life Insurance Company is well suited to assume the CEO role."
SGJ made a $5.6-billion net profit for its six months ending April 2013 on $11.7 billion in net interest income. This beat the second-largest bank defined by profits, National Commercial Bank of Jamaica, which earned $4.5-billion net profit on $11.1 billion in net interest income for its half-year ending March 2013.
NCB, however, regains the top slot when defined by total assets at $414.1 billion, compared to SGJ at $382 billion, company financials indicate.