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New CEO for Scotia Jamaica

Published:Wednesday | August 7, 2013 | 6:53 PM

Bruce Bowen has been given a new assignment by his bosses in Canada and a new replacement has been announced for him in Jamaica.

Starting September 1, Jacqueline Sharp will take over as president and CEO of Scotia Group Jamaica, the country's second largest banking group.

Sharpe is currently Scotia Group’s chief financial officer and an executive vice president. Before that she was the head of the Scotia’s life insurance subsidiary.

The changes were announced this evening, following a board meeting led by chairman Sylvia Chrominska in Kingston at which Sharpe’s appointment was approved.

Chrominska is Scotia Group’s first female chair -- she was appointed earlier this year -- and Sharp will be the bank’s first female CEO.

Bowen will take on a new role as Senior Vice President Caribbean, International Banking effective September 1, but he will remain a director of Scotia Group, the company said in a market filing.

Sharp joined Scotiabank in December 1997 and has served in several roles during the period.