Change - Announcement of Cessation::NCB FINANCIAL GROUP LIMITED (NCBFG) ANNOUNCES RESIGNATION OF DIRECTOR

Issuer & Securities

Issuer/ Manager
NCB FINANCIAL GROUP LIMITED
Securities
NCB FIN US$225M11%N300731A - US639935AA37 - UKNB
NCB FIN US$225M11%N300731R - USP71051BD06 - HYVB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
22-Jan-2026 07:03:56
Status
New
Announcement Sub Title
NCB FINANCIAL GROUP LIMITED (NCBFG) ANNOUNCES RESIGNATION OF DIRECTOR
Announcement Reference
SG260122OTHRA3M2
Submitted By (Co./ Ind. Name)
NCB Financial Group Limited/Jacqueline De Lisser
Designation
Authorised Officer
Effective Date and Time of the event
21/01/2026 17:00:00
Description (Please provide a detailed description of the event in the box below)
NCB Financial Group Limited (NCBFG) advises that Mr Bruce Bowen has resigned as director of NCBFG and all relevant subsidiary boards, including National Commercial Bank Jamaica Limited (NCBJ), Guardian Holdings Limited and NCB Capital Markets Limited, effective January 21, 2026.

Additional Details

Name of person
Bruce Bowen
Age
64
Is effective date of cessation known?
Yes
If yes, please provide the date.
21/01/2026
Detailed reason(s) for cessation
Resignation as CEO of the major Jamaican banking subsidiary and all other appointments within the Group as a result of that relationship.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of appointment to current position
09/02/2024
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Director
Role and responsibilities
He was the CEO of the major Jamaican banking subsidiary
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of independent directors currently resident in Singapore (taking into account this cessation)
0
Do independent directors make up at least one-third of the board (taking into account this cessation)?
Yes
Number of cessations of appointments specified in Mainboard Rule 704(7) or Catalist Rule 704(6) over the past 12 months
9
Shareholding interest in the listed issuer and its subsidiaries
Yes
Shareholding details
196,850 ordinary shares held in issuer
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Other Directorships
Past (for the last 5 years)
Guardian Holdings Limited,
Guardian Insurance Limited,
Clarien Bank Limited,
Clarien Group Limited,
NCB Capital Markets Limited,
NCB Insurance Agency & Fund Managers Limited,
TFOB (2021) Limited,
National Commercial Bank Jamaica Limited,
NCB Financial Group Limited
Present
Jamaica Broilers Group,
Rock Mobile Limited,
Rock Capital Partners,
Advantaq

Attachments

NCBFG Investor Release - Director Resignation_20260121.pdf
NCBFG Investor Release - Leadership changes_20260119.pdf
Total size =268K