Karen Darbasie, Group CEO of First Citizens, recently addressed rumors surrounding her departure from the company. Contrary to speculation, Darbasie has not resigned but instead has started her approved vacation leave before her scheduled retirement on October 21. This move is not sudden but rather the final step of a transition process begun earlier this year, when Jason Julien was named as her successor. Darbasie emphasized that there were no external pressures or financial factors that expedited this timeline, but it was a personal decision to ensure a smooth handover and maintain company stability. After nine years as Group CEO, Darbasie expressed pride in her team’s accomplishments and confidence in the incoming leadership to continue building on their shared successes. She looks forward to her retirement as the beginning of a new chapter, dedicating time to her family, personal projects, and contributing to Trinidad and Tobago’s development.
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