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$3-billion parachute

It has now been revealed that the departure of several senior executives of National Commercial Bank Jamaica (NCBJ) last September resulted in a $3-billion exit package, as seen in the bank’s 2023 audited financials. The financials showed that NCBJ’s key management carried home $3.91 billion in compensation for the 2023 financial year, with $3.83 billion attributed to salaries and other short-term benefits. The management remuneration related to NCBJ directors highlighted.

Another NCB manager leaves company - Jamaica Observer

THE NCB Financial Group on Tuesday said Euton Cummings, its senior vice-president for group human resources and facilities division, has left the organisation. The release posted on the Trinidad and T.

More Senior NCB Managers Stepping Down As Shakeup Continues

More Senior NCB Managers Stepping Down As Shakeup Continues
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Staff on edge at NCB - Jamaica Observer

Staff at the NCB Financial Group subsidiaries, especially NCB Jamaica and NCB Capital Markets, are on edge in the wake of major changes made to the senior management of the companies in a move one.

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