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...

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Jamaica , Gabrielle Banbury Kelly , Septimus Bob Blake , Michael Lee Chin , Matthews Blair , Vernon James , Dennis Cohen , Steven Gooden , Patrick Hylton , National Commercial Bank Jamaica , Financial Group , Chief Executive Officer , Chairman Patrick Hylton , Nadeen Matthews Blair ,