RBTT announces the departure of its Chief Operating Officer
Mr. Suresh Sookoo, Chief Executive Officer, RBTT Financial Holdings Limited, announced the planned departure of the group’s Chief Operating Officer (COO), Mr. Nigel Romano.
Mr. Romano, who joined the regional financial institution in April 2005, has resigned from the RBTT Group and will be returning to Asia with his family, where he will take up senior leadership role at a global bank. His resignation will take effect on October 31, 2006.
In announcing Mr. Romano’s departure, Mr. Suckoo said, “We operate in a highly competitive business, where our competitors are not only local but regional and global, and in this environment, talent is at a premium. Nigel has made a meaningful contribution to the group’s transformation and we wish him and his family all the best in the future.”
The COO’s function will be subsumed into that of the CEO and the functional heads together with the business heads will report directly to the CEO.
