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BIGWU calls for FCB board to ‘GO’

NEWS GRAPHIC 6President of the Banking Insurance and General Workers Union, Vincent Cabrera has accused outgoing First Citizen’s Bank Chairman Nyree Alfonso of misbehavior in public office.

Mr. Cabrera said that Ms. Alfonso has always been an obstacle in negotiations between the Union and the Bank.
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Ms. Alfonso declined to return for re-election as Chairman at yesterday’s FCB Annual General Meeting held at the National Academy of Performing Arts.

Three other directors, Rishi Baddaloo, Shobee Jacelon and Marlene Juman were voted out of office by the Corporation Sole when their re-election was put to shareholders

The Mnisistry of Finance which has 80 per cent of the vote backed the shareholders to their surprise.

Permanent Secretary of the Ministry of Finance, Vishnu Dhanpaul requested the bank hold a special AGM within 30 days to determine new directors.

Mr. Cabrera insisted that the entire Board needed to be replaced.

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