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From our correspondent
Roseau, Dominica – November 10 2026 — Republic Financial Holdings Limited (RFHL) in Trinidad and Tobago has announced a major change in its executive leadership, naming veteran banker Karen Yip Chuck as its next Group President and Chief Executive Officer, as well as President and Managing Director of Republic Bank Limited. Her appointment takes effect on November 14, 2026, following the retirement of Nigel Baptiste, whose final day with the organisation will be November 13. The announcement marks a historic milestone, as Yip Chuck becomes the first woman to head the Republic Group.
Baptiste’s departure brings to a close a career spanning more than 30 years with the financial institution, including a decade as its chief executive. Although he initially retired on May 10, 2026, he agreed to remain with the Group until the conclusion of its financial year. During his leadership, RFHL doubled its asset base, extended its operations into 16 territories and expanded its corporate social responsibility and community development programmes. Chairman of RFHL, Yashmid Karamath, credited Baptiste with strengthening the organisation while developing future leaders and investing in the communities it serves.
Yip Chuck brings 36 years of banking experience to the position, having served as a key member of Republic Bank’s Executive Leadership Team. Her professional contributions include strengthening operational risk management and corporate governance systems in keeping with international standards, introducing innovative banking solutions and expanding corporate banking relationships throughout the Caribbean. She has also played an important role in supporting regional economic diversification through strategic financial advisory services. Karamath described her as an experienced leader with strong commercial judgment, governance expertise and an in-depth understanding of the Group’s regional operations.
In accepting the appointment, Yip Chuck expressed gratitude for the opportunity to succeed Baptiste, pledging to build on the institution’s achievements while placing continued emphasis on employee development, customer relationships and sustainable growth. She said her 36 years with Republic had reinforced her belief that the organisation’s success depends on the well-being and advancement of its people. The incoming chief executive also underscored her commitment to delivering lasting benefits for employees, customers, shareholders and the wider communities served by the financial group.
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