National Bank of the Virgin Islands wins Bank of the Year

Awardees

By MERRICK ANDREWS, Online News Editor

(JTV News) — The National Bank of the Virgin Islands stamped its reputation as a leading financial services provider — if not the best — in the territory after collecting two awards including Bank of the Year during a recent cocktail reception to announce the Financial Services Awards 2022.

The event was held on February 15, 2023, at the newly opened LvL3 Rooftop Prime Restaurant in Road Town, Tortola.

National Bank also won the Best Corporate Social Responsibility award.

To top off a great evening for the National Bank, an employee, Chantee Mathavious, won the Future Leaders Award.

National Bank CEO

According to its website, the Bank describes itself as a customer-centric bank as it strives to “help everyone get ahead”, adding that its values are professionalism, accountability, respect, attitude, dedication, integrity, social responsibility, and excellence.

“As a leading financial services provider, we are committed to personalized service that goes above and beyond your expectations. We know that our customers have different financial needs, and we can provide unique services and resources to achieve your goals… We are committed to constantly expanding our services and offerings to create value for every customer,” the Bank states on its website.

The Government of the Virgin Islands is the Bank’s majority shareholder (67 percent), and the Social Security Board is the minority shareholder (33 percent).

The leader of the National Bank’s executive management team is Joy Penn who has been the chief executive officer since 2013.

Meanwhile, other 2022 big winners were Harneys who received three awards: Tech Savvy Firm of the Year, Law Firm of the Year, and Corporate Services Provider of the Year.

According to the GIS, other winners include KPMG (Auditor of the Year and Accounting Firm of the Year), BVI Financial Services Commission (Regulator of the Year), Caribbean Insurers (Insurance Agency of the Year), and Deloitte (Insolvency Practice of the Year).

The Compliance Officer of the Year award went to Roschelle Smith of CIBC First Caribbean International Bank; and the Lawyer of the Year is Jenelle Archer of O’Neal Webster.

GIS said in a press release that the awardees were nominated and voted winners by their peers through an online voting platform.

“The 1,915 votes submitted in the 13 categories yielded the results,” the release said.

Kye Rymer, who was the acting premier at the time, congratulated the financial services industry for their continued hard work and efforts that keep the industry and the BVI’s economy thriving, according to the release.