National Commercial Bank Jamaica Ltd (NCBJ) said on Thursday it has consolidated its corporate and investment banking businesses under a single leader, promoting Angus Young to executive vice-president of the newly aligned division.

Young, who will retain his role as chief executive of subsidiary NCB Capital Markets Ltd, will now also oversee the corporate banking division. The bank said the move is aimed at providing a more integrated service for its corporate and institutional clients.

In a separate announcement, NCB said Jason Saunders, the former vice-president of corporate and commercial banking, departed the company on Sept. 30.

“Bringing corporate and investment banking together will create a more seamless experience for our clients,” said Bruce Bowen, chief executive officer of NCBJ.

Bowen said Young’s expanded role reflects the bank’s confidence in his “ability to drive growth across the business”.

The bank also appointed Carlene Lyn as vice-president of corporate banking, marking her return to the financial group. Lyn brings over 17 years of regional experience in commercial banking across the Caribbean and Central America, with a focus on credit risk and corporate finance.

“Carlene’s regional experience and sharp credit background will immediately add value,” Bowen said, as the bank seeks to deepen client relationships in Jamaica and across the region.

Saunders, who held his role for five years, was credited with strengthening the division and supporting clients during a period of significant transformation for the bank.

Carlene Lyn, Vice President, Corporate Banking, National Commercial Bank Jamaica Ltd (NCBJ). Lyn rejoins NCB with over 17 years of experience in commercial banking across the Caribbean region.