Cayman National Corporation has named Janet Hislop as president and chief executive officer. She will join the CNC board of directors, effective 1 Jan. 2023.
Hislop will replace Stuart Dack as president and CEO upon his retirement on 31 Dec.
Dack, who has been with Cayman National for 30 years and has been its CEO since 2004, said in a press release, “For the last few years, Janet and I have been working together and she is the perfect candidate to take over as the President and CEO of Cayman National. Her international banking experience coupled with her Caymanian heritage and long-standing association with CNC gives her unique qualities for the role.”
Hislop will continue in her role as president and a director of CNC’s principal subsidiary, Cayman National Bank.
“I am truly honoured to be chosen to assume the role of CEO of CNC, and to be taking the helm at this time in the Corporation’s history. I thank Stuart for his stellar leadership of the organisation for the past 18 years and I am truly grateful for this opportunity,” she said.
“The Cayman National team is talented and dedicated, and I look forward to continuing to deliver exceptional value to all of our stakeholders including our shareholders, our employees, the other industry participants in the Cayman Islands and the communities that we serve. It is a bittersweet occasion for me, as my father, Benson Ebanks, a founder of Cayman National, just missed being here to share it with me. He would be proud, and I will work tirelessly to build on his legacy.”
Before taking the role of president of CNB, Hislop spent 19 years at Deutsche Bank (Cayman) Ltd., where she was chief country officer with responsibility for the corporate governance of all of the business Deutsche Bank conducted in the Cayman Islands. She also ran the intermediary banking business, and chaired the boards of Deutsche Bank (Cayman) Limited, and Deutsche Bank Trust Company (Cayman) Limited.
Nigel Baptiste, chairman of CNC, said, “on behalf of the Boards of (Republic Financial Holdings Limited) and CNC, I would like to thank Stuart for his exemplary leadership of Cayman National over the last 18 years. There is no doubt in my mind that CNC, and CNB, would not be the organisation that it is today without his judicious stewardship.
“I am also thrilled to welcome Janet to the role of President and CEO of CNC. Janet joined the Group shortly after Republic Financial Holdings Limited’s acquisition of our majority interest. Her vision, commitment and people-led approach to problem resolution have been hallmarks of her early tenure. I am confident that Janet will build on what Stuart has accomplished and lead Cayman National to even greater heights,” Baptiste said.
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