News
December 22, 2006

FCIB will invest US$2.5 million over three years

Twenty executives of FirstCaribbean International Bank have just completed the first module of a specially-designed leadership programme at the world’s top business school, the Wharton School of Business at the University of Pennsylvania in Philadelphia, United States.

The bank said that this is part of its multi-million-dollar human resource development goals of creating the best trained workforce in the financial services sector in the Caribbean.{{more}}

“We aim to be the bank of first choice in the Caribbean for our customers,” CEO, Charles Pink said. “The best way we can serve our customers is by exposing them to the best trained people in the region. The Wharton ‘Mini-MBA’ represents a significant investment by our bank in further developing our Senior Leadership Team. In total, over three years, we will invest some US$2.5 million in our senior leadership. The purpose of this programme is to equip them with the skills to keep them, and FirstCaribbean, at the cutting edge of performance in our pursuit of our ‘Best Bank in the Caribbean’ vision.”

Director of Learning and Development, Monique Straughan, who worked closely with Executive Director of Human Resources, Peter Hall, and the team at Wharton, on developing the programme, noted: “Going by the anecdotal feedback alone the first session has certainly whetted the appetites of our senior leaders for more, far exceeding their expectations.

FirstCaribbean hopes the majority of its Senior Leadership Team will benefit from the programme over the next three years, and there are plans to build on the experiences of the first cohort to further improve the programme.

The first cohort returns to Philadelphia in January to complete module two of the seven module programme.