KINGSTON, Jamaica — National Commercial Bank Jamaica Limited (NCBJ) has announced that Chief Executive Officer (CEO) Bruce Bowen will be stepping down as part of a planned leadership transition, which the board says aligns with the organisation’s commitment to strong governance, continuity and disciplined execution.

Chief Operating Officer Sheree Martin will assume the role of interim CEO effective January 19, 2026.

In a statement issued Monday, NCB said Bowen, who was appointed in 2023 to lead a focused turnaround of the bank, will officially depart on February 28, 2026, to pursue other interests. The board noted that the turnaround phase is now largely complete.

“As previously contemplated, 2026 was expected to mark the transition from turnaround to sustainable growth. In this context, Mr Bowen will be leaving the organisation on February 28, 2026,” the board said Monday.

In announcing Martin’s appointment, the board cited her 15 years of experience in the financial services sector, deep expertise in strategy execution and organisational transformation, as well as senior-level experience in the energy sector.

It also noted that since assuming the role of chief operating officer, she has overseen several of the bank’s most critical operational and technology functions and has played a key role in strengthening execution discipline, operational resilience and performance consistency across the organisation.

Commenting on the leadership transition, NCBFG’s Group Chief Executive Officer and NCBJ Board Chairman, Robert Almeida, said, “Our strategy, priorities and commitment to our customers, employees and communities remain unchanged.”

He continued, “As we build on the progress made over the past two years, our focus continues to be on disciplined execution, consistent value creation and shared accountability. I would like to thank Bruce Bowen for his leadership during a critical turnaround period and welcome Sheree Martin as she assumes leadership at this important stage in the bank’s journey.”

The board emphasised that the leadership transition reflects continuity and stability as the bank moves from a period of stabilisation into its next phase of sustainable growth.