Submitted by jtbtadmin on


ANNOUNCEMENT:

Derrick Cummins was appointed as Interim Chief Executive Officer of J&T Bank and Trust Inc effective December 17, 2013.  He joined the Bank as Manager, Investment Services in May 2010.  Mr. Cummins brings over 12 years experience in the offshore sector in Barbados primarily in Treasury and Portfolio Management.  His experience prior to entering the sector spans diverse areas including his roles of Senior Economist at the National Productivity Council and Senior Research Officer at the Barbados National Insurance Office.  He is a graduate of the University of the West Indies, Cave Hill Campus and received his Masters degree in Finance and Management in 2000 from the School of Business and Economics, University of Exeter, UK.  Mr. Cummins is responsible for the overall effective operations of the Bank, ensuring the delivery of quality services to its many clients.  His role also includes growing the client base as well as the business areas of the Bank and Trust.  His responsibilities also include overseeing management of the suite of mutual funds of J&T Funds Inc, the Bank’s client portfolios and the treasury investing the Bank.  Mr. Cummins also tutors Financial Management in the faculty of Management Studies at the University of the West Indies, Cave Hill Campus.