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Republic Financial Holdings Announces Leadership Changes Ahead of 2027
From our correspondent
Roseau, Dominica – October 20 2026 — Republic Financial Holdings Limited (RFHL) and Republic Bank Limited (RBL) have announced a series of leadership changes, including the departure of Richard S. Sammy, effective October 14, 2026.
In a statement issued on behalf of the group, Chairman Yashmid Karamath acknowledged Sammy’s 18 years of service, describing him as a person of strong integrity whose decisions were guided by his values and the interests of the organisation. Karamath also extended best wishes to Sammy as he embarks on the next chapter of his career.
Sammy expressed appreciation for the relationships he developed with customers, senior executives and colleagues throughout his tenure, describing his time with the Republic Group as a privilege. The group also announced that Karen Yip Chuck has been selected to become Group President and Chief Executive Officer of RFHL, as well as President and Managing Director of RBL. Her appointments are scheduled to take effect on January 1, 2027, subject to the necessary regulatory approvals.
In a separate announcement dated October 16, 2026, the financial group outlined two additional executive appointments. Parasram (Vic) Salickram is set to become Senior Group Vice President of RFHL and Senior Vice President of RBL. Since joining Republic Bank in 2004, Salickram has served in several senior capacities, including Chief Financial Officer, Chief Risk Officer, Vice President of Republic Bank and Group Vice President of RFHL. His experience also includes assignments within the group’s operations in the Dominican Republic and Barbados.
David Robinson has been appointed Group Vice President of RFHL and Vice President of RBL, with his new responsibilities also expected to begin on January 1, 2027, subject to regulatory approval. Robinson joined the organisation in 1996 and has since held several management positions, including General Manager of Republic Wealth Management Limited and General Manager of Treasury. He also served as Acting Managing Director of Republic Bank (Suriname) N.V. and Republic Bank (Guyana). The changes mark a significant leadership transition for the regional financial group as it prepares for the new year.
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