Republic Financial Holdings Limited has appointed Karen Yip Chuck as its Group President and Chief Executive Officer, subject to regulatory approval.
The appointment takes effect January 1, 2027, when she will also become President and Managing Director of Republic Bank Limited.
The announcement follows the departure of Richard S. Sammy from the group, effective October 14.
Chairman of the Board Yashmid Karamath thanked Sammy for his contribution during his 18-year career with Republic, describing him as a man of unquestionable integrity who was guided by his values and the best interests of the group.
Sammy said it had been a privilege to serve and expressed appreciation for the relationships he had built with customers, executive leadership and the wider Republic family.
He also wished the group continued success. (PR)