Christopher Denny, retail banking director, First-Caribbean Jamaica. - File

Banker Christopher Denny has reunited with colleague Milton Brady to whom he will now report as the newly recruited director of retail banking at FirstCaribbean Jamaica and general manager of its mortgage subsidiary, FCIB Building Society.

Denny, who up to the end of January was a regional manager in the National Commercial Bank (NCB) Group, is already en-sconced in his new job at the Knutsford Boulevard bank.

FCIB Jamaica is the number four commercial bank in a market of six players. Its deposits, which topped $21 billion last year, were less than 7.0 per cent of the industry total.

It commands assets of more than $42 billion.

"We have worked together previously and I look forward to working with him to build our retail business in Jamaica," said managing director Milton Brady, himself a former executive of NCB who departed the number two bank earlier this decade.

Denny is the second executive in the NCB group enticed by FCIB in the past few months.

Debra Lopez, who was a vice-president in NCB's wealth management arm, NCB Capital Markets Limited, also joined the bank's capital markets team in January.

business@gleanerjm.com