Hylton, Cohen exit NCB with ‘materially impactful’ exit packages

The men who lead Jamaica’s largest banking group for two decades have officially cut ties with the institution and indications are it came at a big price, four months after the principal owner Michael Lee-Chin took charge of the group and installed new leadership.

NCB Financial Group Limited, the operator of National Commercial Bank Jamaica, said in a market filing that former President and CEO Patrick Hylton and former Deputy CEO and Chief Financial Officer Dennis Cohen both officially exited the bank on Monday, November 13, 2023.