Robert Sover­all will re­tire as man­ag­ing di­rec­tor of Re­pub­lic Fi­nan­cial Ser­vices Life In­sur­ance Com­pa­ny Ltd.

In a no­tice to the Trinidad and To­ba­go Stock Ex­change, Re­pub­lic Fi­nan­cial Hold­ings Ltd (RFHL) re­port­ed that his re­tire­ment will take ef­fect on Sep­tem­ber 30, 2026.

RFHL es­tab­lished Re­pub­lic Life In­sur­ance Com­pa­ny (RLIC) in 2021, with it of­fi­cial­ly start­ing its op­er­a­tions in Jan­u­ary 2022.

The in­sur­ance com­pa­ny ini­tial­ly of­fered cred­i­tor’s life in­sur­ance on re­tail loans and mort­gages. In Feb­ru­ary 2022, Cred­it Card Bal­ance Cov­er was launched. In April 2022, the Sin­gle Pre­mi­um Im­me­di­ate An­nu­ity (SPIA) was launched to the pub­lic.

In 2025, RLIC in­tro­duced a “En­dow­ment Sav­ings Plan” and ‘Serene Cov­er,’ all of which were over­seen by Sover­all.

The no­tice con­firmed that Karen Tom Yew-Jar­dine has been ap­point­ed to suc­ceed Sover­all as man­ag­ing di­rec­tor of Re­pub­lic Life In­sur­ance from Oc­to­ber 1, 2026.

Janelle Bernard has been ap­point­ed chief risk of­fi­cer of RFHL, and will suc­ceed Tom Yew-Jar­dine in that role on Oc­to­ber 1, 2026.

Re­pub­lic Bank Ltd al­so ad­vised of the fol­low­ing ma­te­r­i­al changes to its gen­er­al man­agers ef­fec­tive Oc­to­ber 1, 2026, sub­ject to reg­u­la­to­ry ap­proval:

* The ap­point­ment of Karen Tom Yew-Jar­dine as gen­er­al man­ag­er, Cred­i­tor Pro­tec­tion of Re­pub­lic Bank Lim­it­ed;

* Janelle Bernard's ap­point­ment as gen­er­al man­ag­er, Group En­ter­prise Risk to re­place Karen Tom Yew-Jar­dine in that role.