Bahamas - FirstCaribbean International Bank

More documents

Recommendations

Info

Contents Notice of Meeting 3 Section 1: Five Years of Being First Branch Network 6 Ownership Structure 7 Main Branches and Centres 9 Board of Directors 10 Executive Management 12 Directors, Senior Management and Advisors 13 Chairman’s Report 14 Group Chief Executive Officer’s Report 18 Bahamas Managing Director’s Report 22 Directors’ Report 25 Human Resources/Marketing 40 Operations and Technology 42 Risk Management 43 Management’s Discussion and Analysis 46 Section 3: Financial Statements Auditors’ Report 56 Financial Statements 2007 57 Information Circular 92 Proxy Form 95 Section 2: Strategic Business Units Business Unit Managers 27 Retail Banking 28 Capital Markets 30 Corporate Banking 32 Wealth Management 34 Treasury, Sales & Trading 36 2
Notice of Meeting Annual Meeting Notice is hereby given that the Thirteenth Annual General Meeting of FirstCaribbean International Bank (Bahamas) Limited will be held at 6:00 p.m. on Friday June 27, 2008 at the Sheraton Cable Beach Resort, Salon C, Cable Beach, Nassau, The Bahamas for the following purposes: 1. To receive and consider the minutes of the last Annual General Meeting held on February 27, 2007. 2. To receive and consider the Chairman’s report. 3. To receive accounts for the year ended October 31, 2007 and the report of the Directors and Auditors thereon. 4. To elect the following Directors: i. Sharon Brown ii. Jan-Arne Farstad iii. Terence R. Hilts iv. Joseph W. P. Krukowski v. Michael Mansoor vi. Willie Moss vii. G. Diane Stewart 5. To appoint Auditors of the Company and authorise the Directors to fix their remuneration. 6. Ratification of dividends for fiscal 2007. 7. To discuss any other business which may properly come before the Annual General Meeting. BY ORDER OF THE BOARD OF DIRECTORS Teresa S. Williams Corporate Secretary FirstCaribbean International Bank (Bahamas) Limited June 4, 2008 Record Date Holders of FirstCaribbean International Bank (Bahamas) Limited ordinary shares of record at the close of business on June 4, 2008 are entitled to vote at the meeting. Financial Statements The Company’s audited financial statements for the year ended October 31, 2007 are included in the Company’s 2007 annual report, which is enclosed as a part of the proxy soliciting material. Proxies Shareholders of the Company entitled to attend and vote at the Meeting are entitled to appoint one or more proxies to attend and, in a poll, vote instead of them. A proxy need not be a shareholder of the Company. Any instrument appointing a proxy must be received at the offices of CIBC Trust (Bahamas) Limited, Registrar and Transfer Agents, Goodman’s Bay Corporate Centre, West Bay Street, Nassau, The Bahamas not less than 48 hours before the Meeting. Shareholders who return completed proxy forms are not precluded, if subsequently they so wish, from attending the Meeting instead of their proxies and voting in person. In the event of a poll, their proxy votes lodged with the Registrar and Transfer Agent will be excluded. Dividend An interim dividend of twenty-two cents ($0.22) per common share was paid on July 6, 2007. A final dividend of twenty-five cents ($0.25) per common share for the fiscal year 2007 was approved by the Directors on December 17, 2007 and paid to shareholders on January 7, 2008. Total dividends paid for fiscal 2007 were forty-seven cents ($0.47). REGISTERED OFFICE: FirstCaribbean International Bank (Bahamas) Limited, FirstCaribbean International Financial Centre, 2nd Floor, Shirley Street, Nassau, The Bahamas. 3
Page 1: FIVE YEARS SERVING THE CARIBBEAN
Page 6: Five Years of Being First Left to r
Page 9 and 10: Ownership Structure FirstCaribbean
Page 11 and 12: Main Branches and Centres ABACO ISL
Page 13 and 14: Willie Moss Attorney-at-Law Joseph
Page 15 and 16: Directors, Senior Management and Ad
Page 18 and 19: Chairman’s Report continued The a
Page 20 and 21: 18 Group Chief Executive Officer’
Page 22 and 23: Chief Executive Officer’s Report
Page 24: Bahamas Managing Director’s Repor
Page 28 and 29: 26 Strategic Business Units
Page 30 and 31: Retail Banking Commentary on overal
Page 32 and 33: Capital Markets Commentary on overa
Page 34 and 35: Corporate Banking Commentary on ove
Page 36 and 37: Wealth Management Commentary on ove
Page 38 and 39: Treasury, Sales & Trading Commentar
Page 40 and 41: Pradip Chhadva Managing Director Tr
Page 42 and 43: Human Resources/Marketing Commentar
Page 44 and 45: Juan M. Corral Managing Director Op
Page 46 and 47: Martin Griffiths Chief Risk Officer
Page 48 and 49: Management’s Discussion and Analy
Page 54 and 55:
Management’s Discussion and Analy
Page 57 and 58:
Financial Statements 2007 55
Page 59 and 60:
Consolidated Balance Sheet As of Oc
Page 61 and 62:
Consolidated Statement of Changes i
Page 63 and 64:
Notes to the Consolidated Financial
Page 65 and 66:
Page 67 and 68:
Page 69 and 70:
Page 71 and 72:
Page 73 and 74:
Page 75 and 76:
Page 77 and 78:
Page 79 and 80:
Page 81 and 82:
Page 83 and 84:
Page 85 and 86:
Page 87 and 88:
Page 89 and 90:
Page 91 and 92:
Page 93 and 94:
FirstCaribbean International Bank (
Page 95:
FirstCaribbean International Bank (
show all

Bahamas - FirstCaribbean International Bank

Create successful ePaper yourself

Delete template?

Save as template?