Baptiste New Republic Bank Guyana Chairman

Georgetown, Guyana: July 18, 2013: Republic Bank (Guyana) Limited has announced the appointment of Mr. Nigel Mark Baptiste as Chairman of the Bank's Board of Directors. Mr. Baptiste is currently Executive Director of Republic Bank Limited, Trinidad. He replaces Mr. David Dulal-Whiteway, Republic Bank's Managing Director, who served as Chairman of the Guyana operations since 2005 and was a director since 2002. Mr. Dulal-Whiteway continues to maintain a keen interest in Guyana even as he broadens his focus on advancing the Republic Bank Group's international expansion. Under his leadership, Republic Bank Guyana increased and modernised its branch network, expanded its community involvement through its flagship social investment programme, the "Power to Make a Difference" and experienced an increase in profitability of more than 250%.

Mr. Baptiste is well known to the Guyanese community, having previously served as the Managing Director of Republic Bank (Guyana), then NBIC from 1999 to 2002, following which, he returned in 2003 to serve as a Member of the Board of Directors. A Trinidad and Tobago National Scholarship winner, Mr. Baptiste holds a Master of Science degree in Economics from the University of the West Indies, St. Augustine and brings to the chairmanship extensive experience in regional banking and finance.