• NCB Subsidiaries
NCB Financial Group Logo
NCB

Subsidiaries
  • NCB Subsidiaries
MENU
  •   Home
About Us
Information
  • Contact Us
Leadership
Overview
  • Board Of Directors
  • Management Team
Investor Relations
Information
  • Investor FAQs
  • Minutes of NCBFG General Meetings
Reports
  • Annual Reports
  • Audited Financial Statements
  • Management Discussion & Analysis (MD&A)
  • Quarterly Reports
  • Statistical Review
Corporate Governance
News
  • About Us

    Information

    • Contact Us
  • Leadership

    Overview

    • Board Of Directors
    • Management Team
  • Investor Relations

    Information

    • Investor FAQs
    • Minutes of NCBFG General Meetings

    Reports

    • Annual Reports
    • Audited Financial Statements
    • Management Discussion & Analysis (MD&A)
    • Quarterly Reports
    • Statistical Review
  • Corporate Governance
  • News
News

NCB Financial Group Limited Announces Changes In Arrangements Re Shareholdings Of Executive Director

12/07/2021 00:00:00   |  

NCB Financial Group Limited (NCBFG) announces that arising from an approved change to the compensation arrangements with our President and Group Chief Executive Officer (Hon. Patrick Hylton, OJ, CD) and Group Chief Financial Officer and Deputy Chief Executive Officer (Dennis Cohen), each of them agreed to surrender NCBFG shares held pursuant to the preceding compensation arrangement. This has resulted in a significant reduction in the shareholding in NCBFG for each, but their arrangements will continue to be aligned to the performance of the Group. The shares surrendered are now held by a custodian under an existing custodial arrangement under which shares are held for future distribution to executives (including Messrs Hylton and Cohen). 

~~~~~~~~~~~~~

About NCB Financial Group
NCB Financial Group Limited (“NCB”) was incorporated in April 2016 to be licensed under the Banking Services Act as the financial holding company for National Commercial Bank Jamaica Limited (“NCBJ”). NCB is the largest and most profitable financial services group in Jamaica with roots dating back to 1837. Through the bank and its wealth management, life and general insurance, and offshore banking subsidiaries, NCB provides a wide array of financial products and services to meet the needs of individual and business clients. The NCB Group includes NCBJ, NCB Capital Markets Limited and its subsidiaries in Barbados and Cayman, NCB Insurance Company Limited, NCB (Cayman) Limited, Clarien Group Limited and its subsidiaries in Bermuda, Guardian Holdings Limited and its subsidiaries as well as NCB Global Finance Limited in Trinidad and Tobago.
– End –

NCB Financial Group Limited
32 Trafalgar Road | Kingston 10 | Jamaica W.I. www.myncb.com

Nichole Brackett Walters, Manager – Group Marketing and Communications
Tel: 876-935-2342 | Email: [email protected]

Jacqueline De Lisser, Head -Group Investor Relations, Performance Monitoring & Planning
Tel: 876-935-2540 | Email: [email protected]

 
About us
  • About Us
  • History
  • Investor Relations
  • Corporate Governance
  • Leadership
  • Corporate Social Responsibility
  • Investor FAQs
Resources
  • Security
  • Help & Resources
  • Contact Us
  • Careers
  • News
follow us
  • ~
© Copyright 1999-2025 NCB Financial Group. All Rights Reserved.
Privacy Policy | Terms of use