Jamaica's Wayne Wray, the president of First Global Bank, has been elected chairman of the Caribbean Association of Indigenous Banks Inc (CAIB) for a two-year term.

His executive comprises vice-chairman Robert Le Hunte of the Barbados National Bank Inc; immediate past chairman Edwin Gooding, of the Republic Bank in Guyana and six directors.

The six are Joanna Charles, Bank of Saint Lucia; Michel Williams, National Bank of Dominica; Brian Stuart-Young, Global Bank of Commerce; Ormond Williams, Cayman National Bank; Anne McMorris, National Commercial Bank Jamaica; Carole Marie, CMMB Limited; and Dirk Smith, First Citizens Bank.

CAIB's 10-member board comprises directors who are representative of banks and other financial institutions in the eastern, northern and southern Caribbean, the bank group said.

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