Leadership Changes: Richard Sammy exits Republic Financial Holdings as Karen Yip Chuck takes over
Republic Financial Holdings Limited (RFHL) and Republic Bank Limited (RBL) have announced leadership changes as Richard S. Sammy exits the Group.
In a statement issued in Port of Spain, Trinidad, on October 15, 2026, the two institutions said Mr. Sammy exited the Group effective October 14, 2026, after 18 years with Republic.
Speaking on behalf of the Group, Chairman of the Board, Yashmid Karamath, thanked Mr. Sammy for his contribution to the organization.
“Richard is a man of unquestionable integrity. Throughout his 18-year career with Republic he has been guided by his deeply rooted values and the best interests of the Group. We wish him the very best as he moves forward to a bright future.”
Richard S. Sammy also expressed appreciation to the group for its support during his tenure.
“I treasure the strong relationships I have built with our customers, the executive leadership, and the entire Republic family. It has been my privilege to serve and I wish the Group every success in the future,” said Mr. Sammy.
The Group also wishes to confirm that, subject to regulatory approval, Mrs. Karen Yip Chuck has been appointed as Group President and Chief Executive Officer of Republic Financial Holdings Limited and President and Managing Director of Republic Bank Limited effective January 1, 2027.
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