Castries, Saint Lucia Wednesday, September 30th 2020: Two more regional banking professionals will be building their credentials with support from the Caribbean Association of Banks (CAB) Inc. The 46-year-old organisation, which represents banks and financial institutions across the Caribbean Community, has awarded two scholarships to undertake studies at the University of the West Indies (UWI). Starting in January 2021, the recipients will pursue a BSc .in Banking and Finance (Special or Compliance and Corporate Governance) at the UWI Open Campus.

The two new CAB Scholars are Ms. Danielle Jonas and Ms. Antonette Connor, both 11-year banking veterans. Danielle is a Credit Card Representative at Antigua Commercial Bank, whilst Antonette is a Senior Clerk at St. Kitts Nevis Anguilla National Bank. This year’s scholarship recipients take on added significance with the passing earlier in 2020 of CAB Director, Mr. Sean Husain. In his honour, Antonette has been given the Sean Husain Memorial Scholarship.

Ms. Wendy Delmar, CEO of CAB, offered her congratulations to the awardees:

“We have every confidence in Ms. Jonas and Ms. Connor, and we anticipate that they will acquit themselves well, and will continue to be of great credit to their organisations, and the Caribbean banking community as a whole. I was very pleased at the number and quality of the submissions received from our member organisations, and it certainly speaks to the desire for bankers across the region to keep honing their skills and developing the sector to reach its optimal potential.

“We are proud that we can celebrate the life of Sean Husain, a great friend, a great banker, and a believer in the value of education. We miss his wise counsel, but we equally cherish the time that we had with him. We dedicate this scholarship to his family, his friends, and his colleagues at Republic Financial Holdings Ltd., where he served for many years.”

CAB’s thrust towards member development, support for academic growth, and up-skilling the financial services sector is directly informed by the body’s stated mission – to proactively influence matters of interest to financial institutions through advocacy and education. With a membership numbering over 80 organisations in 20 territories, CAB is designed to support learning.

Employees at member and non-member institutions can discover more about the various education and training initiatives on offer by visiting the CAB website or following the various CAB social media pages.

Established in 1974, the CAB is a community of banks and other financial institutions in the Caribbean Region, which proactively influences issues impacting the financial services sector through advocacy, education and networking. The CAB represents fifty-six (56) banks and financial institutions in the Caribbean with an asset base in excess of US$41 billion as at Dec 31, 2019, in addition to sixteen (16) Service members comprising regional and international technological and professional institutions and three (3) Honorary Members, and six (6) Associate Members, spanning 20 territories.