The spe­cial meet­ing to elect a new board for First Cit­i­zens Group Fi­nan­cial Hold­ings will be held on Oc­to­ber 8 at the Lord Kitch­en­er (Ald­wyn Roberts) Au­di­to­ri­um at the Na­tion­al Acad­e­my for the Per­form­ing Arts at 10am, ac­cord­ing to a no­tice to the bank's share­hold­ers pub­lished in to­day's news­pa­pers.

The no­tice in­di­cat­ed that meet­ing was req­ui­si­tioned on Sep­tem­ber 18. The req­ui­si­tion would have come from Cor­po­ra­tion Sole, through First Cit­i­zens Hold­ings Ltd, the com­pa­ny es­tab­lished by the State to hold­ing its 60.11 per cent stake in the bank.

That share­hold­ing al­lows the State to vote its pre­ferred slate of di­rec­tors to sit on the First Cit­i­zens board.

On Au­gust 27, Min­is­ter of Fi­nance Dav­en­dranath Tan­coo an­nounced that cor­po­rate at­tor­ney Shankar Bidaisee, would be the new chair­man of First Cit­i­zens Hold­ings Ltd.

Bidaisee is the chair­man of the Ur­ban De­vel­op­ment Cor­po­ra­tion of Trinidad and To­ba­go.

The oth­er di­rec­tors of First Cit­i­zens Hold­ings Lt­dare Ster­ling Frost (deputy chair­man), hu­man re­source team leader Crys­telle Smith, in­sur­ance ex­ec­u­tive Prakash Dhan­ra­jh, fast-food ex­ec­u­tive Sandy Roopc­hand, man­age­ment ex­ec­u­tive Jo-Anne Boodoos­ingh, busi­ness ex­ec­u­tive Ja­van Lewis and busi­ness con­sul­tant Nichelle Grander­son.

If the Gov­ern­ment fol­lows the prece­dent set by pre­vi­ous ad­min­is­tra­tions, the eight di­rec­tors of the hold­ing com­pa­ny are like­ly to be the di­rec­tors of First Cit­i­zens Group Fi­nan­cial Hold­ings, which is the par­ent com­pa­ny of the bank.

The no­tice an­nounc­ing the spe­cial meet­ing of the bank was is­sued by its cor­po­rate sec­re­tary Lin­di Bal­lah-Tull.