Changes to Republic Financial Holdings Board of Directors

Port-of-Spain, Trinidad, November 9, 2023: Republic Financial Holdings Limited (RFHL) announced today the departure of two esteemed Directors, Ms. Alison Lewis and Mr. Gregory Thomson, from its Board of Directors, effective November 4, 2023.

Alison Lewis has been an integral part of the RFHL Group since 2014, contributing her strategic vision to various sub-committees of both RFHL Group and Republic Bank Limited Boards during her nearly decade-long tenure. Her exceptional service adds to her remarkable list of accomplishments in shaping the financial and economic development of Trinidad and Tobago, spanning both private and public sectors. She has held significant roles such as the former Governor of the Heritage and Stabilisation Fund, Advisor in the office of Executive Director at the World Bank, Permanent Secretary of the Ministry of Finance, and Commissioner on the Trinidad and Tobago Securities and Exchange Commission. In recognition of her outstanding service, the Government of the Republic of Trinidad and Tobago awarded her the Public Service Medal of Merit (Gold) in 2015.

Mr. Gregory Thomson has left an indelible mark on the Republic Group, generously sharing his astute insights and expertise for the company's growth and development since 2014. With a commendable 40 years of experience in banking and finance, he made significant contributions as a member of the RFHL Board of Directors, particularly through his active involvement in the RFHL Board's Enterprise Risk and Audit sub-committees. He played a pivotal role in advancing the Group during his chairmanship of the Board of Republic Bank (Grenada) Limited. Thomson also served as Deputy Managing Director of Republic Bank Limited for seven years before retiring from this position in 2012.

Vincent Pereira, RFHL Chairman, conveyed best wishes on behalf of the Board to both Lewis and Thomson for all their future endeavors. Pereira stated, "Gregory and Alison’s leadership have had a monumental influence on the current success and trajectory of the RFHL Group. As they embark on a new chapter in their lives, they leave us with a legacy of excellence that we remain committed to upholding."