Bank of Saint Lucia appoints Rolf Phillips as Managing Director

Bank of Saint Lucia (BOSL) announces the appointment of Mr. Rolf K. Phillips as Managing Director (MD) effective November 1st 2020.

BOSL’s new Managing Director Mr. Rolf Phillips

Mr. Phillips, an OECS national, brings over four decades of sound experience in banking, finance and management. He has a commendable history of leadership and has served in many positions across the Eastern Caribbean including, Branch Manager, International Banking Director, Senior Manager of International Banking, General Manager Home Finance, Managing Director Retail Banking with Barclays/First Caribbean International Bank, and President and Chief Executive Officer – with Consolidated Finance Co Limited – ANSA McAL group of companies.

Speaking on his appointment, Mr. Phillips stated, “This is indeed a new chapter for BOSL and what I bring to the table is the ability to enroll the management and staff in an extraordinary visionary commitment to excellence in customer value and service, a stronger organization and a great place to work.”

Chairman of the Board of Bank of Saint Lucia, Frank V. Myers, in welcoming Mr. Phillips, explained the significance of the appointment to customers, shareholders and employees alike. “Mr. Phillips joins the Bank at a critical juncture in its journey. Just at the time when we were poised to move to the next level, having realized our goal of building on the foundation of the 2017 Stand Alone Plan by returning profits for the years 2018 and 2019, along comes COVID-19 to present us with a new set of challenges. With his wide experience and proven leadership skills, we have no doubt that Rolf will guide the team, who have proven their worth over the last ten months. Our customers, shareholders, employees, and other stakeholders can be assured that the Bank is well poised to deliver the service and the services that they deserve,” said Myers.

According to Bank of Saint Lucia, with Mr. Phillips’ proven leadership track record, it intends to further advance efforts to create greater customer value through digital modernization, service improvements and a broader range of banking products and services.

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The Caribbean Association of Banks, Inc. is the representative body and recognized voice for banks and other financial institutions in the Caribbean. We seek to influence policies and legislation which impact the sector by advocating on our members’ behalf and participating in the global network of similar institutions.


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