Bridgetown, Barbados, 6 January 2023 — CIBC FirstCaribbean has announced the retirement of Mr. Dan Wright, Managing Director, Wealth Management, with effect from 28th February 2023.

Mr. Wright joined CIBC FirstCaribbean in December 2012, as Director, Private Wealth Management, and since then has been leading our strategic initiative to build our Wealth Management business. In October 2013, he assumed the position of Managing Director, Private Wealth Management to reflect his additional regional responsibilities for our International Corporate Banking business and our two trust companies, FirstCaribbean International Bank & Trust Company (Cayman) Limited and FirstCaribbean International Trust Company (Bahamas) Limited. 

In more recent times, he has also served as Co-Chair of the bank’s regional Walk for the Cure together with current CEO, Mark St. Hill.

Prior to joining CIBC FirstCaribbean, Mr. Wright worked as Senior Vice President & Head, International Wealth Management for Bank of Nova Scotia in Toronto with specific responsibility for their private banking business in the Caribbean, Latin America and Asia. He was also Chair of the BNS trust company in the Bahamas and a Director of a number of Caribbean-based businesses in the Cayman Islands and Jamaica.

The Wealth Management team formerly led by Mr. Wright now reports to Chief Commercial Officer, Pim van der Burg, and is managed on a day-to-day basis by Mr. Glen Abell. 

In making the announcement of Mr. Wright’s retirement, Chief Executive Officer, Mark St. Hill, noted his sterling contribution to the bank over the years, as he leveraged his strength in strategic planning and execution, as well as the management of teams of experts in a wide range of markets to further build the bank’s wealth management capability and offering.

He noted that Mr. Wright will continue in his role as CEO & Chairman of CIBC Cayman Bank Limited.