Career banker appointed to lead PROVEN

The Board of Directors of Fidelity Bank (Cayman) Limited (FBC/The Bank) takes pleasure in announcing the appointment of Benjamin Freeman (Ben) as President & CEO effective Wednesday, June 1, 2022.

With over thirty-four (34) years of professional experience, twenty (20) of which has been in the banking industry, Benjamin Freeman has served some of the world’s largest banking groups notably UBS AG, Manufacturers Hanover/Chemical Bank and First
Caribbean International Bank (CIBC) in senior roles.

“As Fidelity Bank’s President & CEO, I will build on the Bank’s legacy as we work to accelerate growth and to deepen our support for customers and the community,” said Freeman. “I am eagerly looking forward to working with the highly experienced and dedicated Cayman team to create a brighter future for customers, employees, and all stakeholders.”

The appointment was made following Fidelity Bank’s acquisition by PROVEN this year when the bank’s Board of Directors conducted a review of the company’s current structure and subsequently conducted an extensive search to identify a leader capable of both complimenting and enhancing the skills of the bank’s existing management.

“Our search considered the Group’s desire for growth, along with leadership that was familiar with both the local and regional landscape; we also required a decisive leader with the commercial acumen, passion for empowering people and commitment to investing in the technology required to deliver a best-in-class customer experience,” Garfield Sinclair, Chairman of the bank’s Board of Directors highlighted.

In addition, Ben spent thirteen years (13) in Cable and Wireless Communications recently leading The Bahamas Communication Company consumer Division. He was responsible for product management, retail and direct sales and the newly created Customer Center of Excellence. During his tenure, he led the disaster recovery efforts for his division during and after the devastating impact of Hurricane Dorian on Grand Bahama and Abaco. He is highly regarded for his sound leadership approach – being results oriented, broad functional expertise in all lines of business, and dedication to optimum customer experiences.

Ben has been married to Sherry Spencer, since 1990, who currently works in Cayman as a Reading Interventionist. Their daughter, Bronte, lives in San Francisco, California working as a travel nurse. Ben is originally from Cherry Hill, New Jersey in the USA and over the course of his career, he and his family have lived and worked in many locations including New York City; Zurich, Switzerland; London, England; Charlotte, North Carolina; St. James, Barbados; Fort Lauderdale, Florida; Nassau, Bahamas; and The Cayman Islands. He loves the Caribbean and finds the people and countries to be unique and amazing.

Ben currently lives in the Cayman Islands and has lived and worked in the Caribbean including Cayman, Barbados and The Bahamas for fifteen (15) years.

We wish Ben every success in his role as President & CEO – Fidelity Bank (Cayman) Limited.