The CIBC FirstCaribbean regional headquarters in Barbados will be named 'The Michael Mansoor Building' in honour of its executive chairman.
Mansoor, a Trinidadian, led the integration of CIBC West Indies Holdings and the Caribbean operations of Barclays to form FirstCaribbean International Bank in October 2002. CIBC eventually bought out the interests of Barclays and the group was later rebranded CIBC FirstCaribbean.
Mansoor joined CIBC West Indies in July 1998 and was its CEO at integration. Before that he was an independent senator in Trinidad's legislature from 1987 to 1995.
"Mike can truly be described as one of the architects of CIBC FirstCaribbean. He has distinguished himself in every sphere of his life, including in his thoughtful guidance of the development of this bank, and through his contribution to the debate on the future development of the region," said CIBC FirstCaribbean CEO, Rik Parkhill in a company statement.
The naming to be attended by Barbados Prime Minister Freundel Stuart and president and CEO of parent company CIBC, Gerald McCaughey, is scheduled for September 5 at the bank's Warrens complex.