Board of Directors
Financial Highlights 2015
Annual Report 2012
Annual Report 2013
Annual Report 2014
Annual Report 2015
Abr. Fin. Dec. 31 ' 15
Abr. Fin. Jun. 30 ' 16
The Export Import Bank of Trinidad and Tobago Limited (EXIMBANK) remains the only official Export Credit Agency (ECA) in the country. It has emerged out of what was formerly the Trinidad and Tobago Export Credit Insurance Company Limited (EXCICO), which was established in 1973 by the Government to promote the export of goods and services. This allows regional buyers access to a wide range of manufactured goods on credit terms.
EXIMBANK's operations are funded principally by its own financial resources accumulated from profitable trading operations over the years and by various lines of credit provided by major financial institutions. Institutional support is also provided by a Guarantee from the Government of Trinidad and Tobago under the Guarantee of Loans (Companies) Act in respect of the settlement of all claims due and payable by EXIMBANK. EXIMBANK remains a profitable, well managed, state owned financial institution working with local and regional financial institutions and pursuing a business philosophy of promoting selective and controlled expansion of the export sector.
BOARD OF DIRECTORS
♦ Mr. John Tang Nian - Chairman
♦ Ms. Nicole Patrick
♦ Mr. Greig Laughlin
♦ Ms. Elsa Lara-Joseph
♦ Ms. Mr. Gary Darwent
♦ Ms. Cindy Anne Bazzard
Mr. Brian Awang Chief Executive Officer
Mr. Brian Awang comes to Eximbank with over 40 years’ experience in commercial lending. As Chief Executive Officer, he oversees the commercial banking operations which has over $.4 billion in funded loans. Prior to joining Eximbank, Mr. Awang served as Senior Account Manager of commercial banking at Scotia Bank Trinidad and Tobago Limited and Corporate Manager Loan Operations at Development Finance Corporation. He received his training at the University of Ottawa in Canada and professional degree from The Society of Management Accountants of Canada. His areas of expertise are accounting, finance and corporate development. With a passion for the arts and culture Mr. Awang maintains active involvement in several community service organizations, currently he serves on the Board of La Creole Pan Groove and is married with three children.
Ms. Josephine Ible Chief Operations Officer
Ms. Josephine Ible remains resolute in her commitment to the Eximbank as one of the longest serving employees of the institution. With over 25 years of trade financing expertise, her experience, passion and purposeful people strategy continues to fortify her current position. Her substantial executive experience emboldens the Eximbank business culture and ensures a wide divergent of professionals are developed and strategic operational activity executed. Ms. Ible is also currently Corporate Secretary to the Board of Directors of the Trinidad and Tobago Tourism Business Development Company -TTTBDL and continues to provide strategic operation support across multiple sectors. She holds a Bachelor of Science degree in Economics and Management and a Certificate in Marketing both from the University of the West Indies and an Executive Masters in Business Administration from UWI/IOB and is a passionate supporter of the sport of triathlon in Trinidad and Tobago.
Mrs. Carol Austin Chief Financial Officer
Mrs. Carol Austin, FCCA, FCPA has extensive experience in a wide range of accounting, finance, leadership, management and advisory positions. In the role of Chief Financial Officer, she continues to provide strategic advice to executives with timely and accurate oversight over accounting, finance and treasury operations, as well as design and maintenance of the financial reporting structures. Her success as CFO is built on a foundation of considerable experience obtained while serving as a finance professional at leading organizations throughout her nearly 20-year career in accounting, auditing and financial planning. Carol has established a reputation for building world-class teams and for aligning financial metrics to support business strategy and high-growth. Carol is a Fellow of the Association of Chartered Certified Accountant, a Forensic Certified Public Accountant and is currently reading a Master of Business Administration- MBA with a specialization in Strategic Planning from the HERIOT WATT UNIVERSITY – EDINGBURG BUSINESS SCHOOL.
Mrs. Marlene Mendez Manager, Human Resources
Mrs. Marlene Mendez joined the Bank in March 2010 as Manager-Human Resources. Mrs. Mendez is a graduate of the University of the West Indies and holds a Bachelor of Science degree in Management with honours. She has over 25 years’ experience as a Human Resource Generalist working at both large and small organisations in a variety of industries including energy, healthcare and business and is very dedicated and passionate about her role at the Bank.
Mr. Lindsay Chevalier Manager Recoveries and Securities
Mr. Lindsay Chevalier is a career banker with over 35 years’ experience within the banking fraternity. Mr. Chevalier is currently the Manager- Recoveries and Securities, prior to this he held the position of Manager- Credit and Treasury at the Eximbank. Mr. Chevalier is the recipient of a Diploma in Finance and an Associate Degree in Banking. He is certified in the areas of Foreign Trade Financing and Business Management and is an avid nature lover and member of several organizations that seek to protect the environment.
Mr. Sheldon Thomas Marketing Manager
Mr. Thomas’s professional career spans over 13 years in the field of finance and accounting both locally and Internationally. He is the holder of an International Master’s of Business Administration (IMBA) – International Finance specialization from the Arthur Lok Jack Graduate school of Business, a Bachelor of Business Administration degree from the Anglia Polytechnic University (U.K) and a Diploma in Management from the Association of Business Executives in London. As marketing manager Mr. Thomas is tasked with the responsibility of elevating the bank’s corporate profile and new business development.
Mr. Kevin Tang Nian Credit Manager
Mr. Tang Nian is an accomplished finance professional with over 8 years Auditing experience, of which 5 years was spent in a Supervisory position. Prior to joining Eximbank Mr. Tang Nian enterprise-focus experience encompassed project management, strategic planning, resource utilization, cost recoveries and assessments of internal controls with local and multinational companies in the Private & Public Sector. He is now spearheading major strategic shifts for transforming the Credit Portfolio at Eximbank from functional focus to an enabler of modernization for the export sector and integrating the trade finance product portfolio to support a globally competitive environment.
Mr. Yoganan Dipchan Internal Auditor
Yoganan Dipchan has over ten years of experience in the areas of auditing and accounting. Prior to his employment at Eximbank in 2012, he would have spent 6 years as an external auditor at PricewaterhouseCoopers. His academic portfolio comprises of the Association of Chartered Certified Accountants (ACCA) designation, a Bachelor’s Degree in Management Studies and Finance from the University of the West Indies and the Association of Certified Anti-Money Laundering Specialist (ACAMS) designation. In his role as the Internal Auditor, he provides independent assurance and consulting in the areas of controls, risk management and governance processes.
To provide a wide range of attractive and effective trade finance products to the export sector that will satisfy market needs, while facilitating regional penetration and expansion at the same time positioning our clients to take advantage of global opportunities.
To be the premier trade finance and credit insurance institution facilitating the national export thrust as the country pursues its stated goal of sustainable economic growth and development.
The EXIMBANK will vigorously pursue its mission to facilitate the growth and expansion of the non-energy export and manufacturing sectors in order to enhance the foreign exchange earnings of Trinidad and Tobago, and to create and sustain employment through the provision of short term raw material and trade receivable financing, term loans, guarantees and export credit insurance coverage to the exporting community.