Scotiabank Group Jamaica Limited (SGJL) announced on Wednesday, November 16 that it has appointed David Noel as Deputy CEO, subject to regulatory approvals.

He was previously managing director, Caribbean East based in Barbados.

Jacqueline Sharp, president and CEO, Scotia Group Jamaica Limited (SGJL), said Noel will support the financial house’s push to become a digital banking leader in Jamaica.

He will report to Sharp, who was recently appointed head of the Caribbean Central and North regions.

“In view of my expanded regional responsibilities, increasing complexity of the financial services industry in Jamaica, and our digital transformation strategy, I am very pleased to announce David’s appointment to the executive team in Jamaica,” Sharp said in a company release.

She said Noel will play a key role in the leadership of business units and subsidiaries within Scotiabank Group Jamaica Limited.

He will have direct responsibility for retail and commercial banking, life insurance, investment management and brokerage, micro-finance and mortgages.

The banker joined Scotiabank in 2001 as legal counsel in Jamaica where he led the legal, compliance and corporate secretary departments before moving to Toronto, Canada, in 2008 on a leadership development rotation.

In 2010, he moved to Moncton, New Brunswick in Canada, to take on the role of district vice-president for East New Brunswick and Prince Edward Island, before returning to Toronto in 2012 to join the global risk management team. He was appointed to his current role as managing director, Caribbean East in November 2013, where the company says he has led the team to generate strong results. Noel has a Bachelor of Law from The University of West Indies and is a CFA charter holder.

SGJL, a subsidiary of Scotiabank (Canada), had $450 billion in assets as at April 30, 2016.