The Cayman Islands Bankers’ Association has paid tribute to Benjamin Freeman, president and CEO of PROVEN Bank, who died late last month.
Freeman, 58, who passed away on 31 July, had been appointed CEO of the bank in June last year, following the purchase of Fidelity Bank Cayman by PROVEN.
Expressing its condolences on his passing, the association described Freeman as having played a “pivotal role in the launch, rebranding and leadership of PROVEN Bank during his tenure as President and CEO, and has been actively involved in the Cayman Islands Bankers’ Association Board”.
It noted that Freeman had served as a leader in the business and financial sector for many years.
“On behalf of the Cayman Islands Bankers’ Association, we express our heartfelt gratitude for Mr. Freeman’s exceptional service to our organisation. His leadership and contributions have been invaluable,” said Sarah Hobbs, president of the association, in the statement.
PROVEN Bank, in a statement issued on social media, said it was bidding farewell to “a true visionary”.
“His unwavering dedication, transformative leadership and commitment to excellence has left an indelible mark on our organisation and the financial sector at large,” the bank stated.
“Our thoughts and prayers are with Ben’s family and friends at this difficult time. However, we will continue to honour his journey of integrity, innovation and compassion which will undoubtedly guide us, as we navigate the future he helped to shape.”
The bank invited people to join it in honouring “the legacy of a remarkable leader who touched our lives and inspired us all”.
Prior to joining PROVEN, Freeman had worked in senior roles at UBS AG, Manufacturers Hanover/Chemical Bank and First Caribbean International Bank.
In addition to his experience in banking, he had spent 13 years at Cable and Wireless Communications, and after that led the Bahamas Telecommunications Company consumer division.
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