Tuesday 11 August, 2020

Investment banker Berisford Grey leaves CIBC

Grey's resignation became effective January 31, 2017.

“I would like to thank CIBC First Caribbean for an incredible professional journey over the last three years,” said Grey, who is now exploring entrepreneurial opportunities.

He said: “I am currently exploring partnerships with some of the best financial experts in the Caribbean to take advantage of untapped opportunities in the local and regional markets. With so many Caribbean businesses looking to expand, it is imperative for bankers to become more innovative in offering debt and equity financing solutions that meet the increased sophistication of clients’ needs.”

Noted as one of the region’s most creative investment bankers, Grey was recruited to CIBC First Caribbean in 2013 to assist with the turnaround of the Corporate and Investment arm of the bank. The contribution of the corporate and investment banking business was instrumental in the Bank recording net profit of US$143 million at the end of fiscal 2016, a massive upswing from the US$22Million loss reported at the end of the 2013 fiscal.

Grey also pioneered several first-of-their-kind transactions during his tenure as Senior Vice President of Capital Markets at the Scotia Group Jamaica.

FEATURED PHOTO: Berisford Grey

Get the latest local and international news straight to your mobile phone for free: