BATT's Immediate Past President, Karen Darbasie, shares a light moment with the new President, Richard Downie. (Image courtesy Bankers Association of Trinidad and Tobago)

The Bankers Association of Trinidad and Tobago (BATT) has confirmed that Richard Downie, an experienced banker who is the Managing Director of RBC Royal Bank (Trinidad & Tobago), is the new President of the Association, effective August 12th, 2021.

Mr. Downie was formally installed as President at BATT’s Hand-Over ceremony on Tuesday 7th September, at the First Citizens Corporate Centre, Port of Spain.

He will serve in the post for the next two years and brings more than 25 years of banking expertise to his new position.  He takes over the mantle from Karen Darbasie, the Group Chief Executive Officer of First Citizens.

During his address to the Association’s members and Committee Chairpersons at the virtual ceremony, the new BATT President noted that through collective collaboration and cooperation, the banks were able to remain resilient during the current challenging time—the COVID-19 pandemic.

He stated that the banks were able to re-engineer their services, help their customers, support their staff and improve delivery channels utilizing new and improved digital technology.

Mr Downie also noted three main areas of focus to which BATT will give priority as part of his immediate plans, stating that even though these areas are not new, he will continue to build on the good work BATT has started. The focus areas are:

1.         Modernisation of the payment system

2.         Easing the ability to do business through a legislative agenda and stakeholder framework

3.         Digital transformation

4.         Customer education

BATT’s Executive Director, Kelly Bute-Seaton, in extending her congratulations to Mr Downie, said she remains confident BATT will remain attuned to the current environment which calls for sensitive and sensible responses. She assured that BATT’s members will continue to seek new ways on how to deliver on customer and stakeholder expectations and will continue to serve in solidarity, collaboration, agility and with care.

About The Bankers’ Association of Trinidad & Tobago

The Bankers Association of Trinidad & Tobago, BATT, was formed in 1997. The eight (8) member banks of BATT include the Citibank (Trinidad & Tobago) Limited, First Caribbean International Bank (Trinidad & Tobago) Limited, First Citizens Bank Limited, JMMB Bank (Trinidad & Tobago) Limited, Republic Bank Limited, Scotiabank Trinidad and Tobago Limited and RBC Royal Bank (Trinidad & Tobago) Limited and ANSA Bank. The Association brings together these member banks under a common platform to address issues facing the commercial banking sector.