Kris Astaphan quits National Commercial Bank(NCB)
published: Thursday | December 1, 2005

NATIONAL COMMERCIAL Bank's (NCB) deputy chairman Kris Astaphan resigned from all his directorships held in the NCB Group of Companies, the Jamaica Stock Exchange stated yesterday.

The resignation took effect yesterday. Mr. Astaphan is the executive vice-president of Canadian fund management company AIC Ltd., the parent company of NCB. He was the point man in NCB for AIC chairman and chief executive officer Michael Lee-Chin, travelling non-stop between his home in Canada and his duties in Jamaica.

Canada-based Mr. Lee Chin is the chairman of NCB Jamaica Limited.

Mr. Astaphan is deputy chairman of the AIC Financial Group (Trinidad). He was chairman of NCB Capital Markets Limited and NCB (Cayman) Limited. His other directorships included NCB Insurance Company Limited, West Indies Trust Company Limited and Jamaica Promotions Corporation Limited.

For the past 11 years, Mr. Astaphan held various executive positions with AIC Group of Companies. He holds degrees in law, business and science.