2013-11-14

Jacqueline (Jackie) Sharp, was promoted from Executive Vice President, Chief Financial Officer and Chief Administrative Officer, to the powerful position of President & Chief Executive Officer of the Company effective September 1 becoming the first woman in the company’s history to hold this position. She was also appointed a director of Scotia Group Jamaica and of The Bank of Nova Scotia Jamaica Limited.

Jackie Sharp joined Scotiabank in December 1997 and over the past 15 years has held progressively senior roles in the areas of Treasury, Finance, Private Banking and Insurance. From 2003 to 2009 she was General Manager of Scotia Jamaica Life Insurance Company (SJLIC) and in September 2009 was appointed Chief Financial Officer of the Group. In April 2011, she assumed additional responsibilities as Chief Administrative Officer, and in April 2013 was appointed Executive Vice President, CFO and CAO.

Scotiabank has been in Jamaica since 1889 and is the premier financial institution in the country with just over 2,000 employees and 39 branches islandwide. Scotiabank is a subsidiary of Scotiabank Group which offers a diverse range of products and services including personal, commercial and small business banking; wealth management; insurance and mortgages. The Group is an award winning institution, having been named on numerous occasions as the Bank of the Year and Best Bank in Jamaica by international financial publications – the Banker, Latin Finance, Euro Money, and Global

Finance magazines. The Scotiabank Group has $382 billion in assets as of April 30, 2013

Speaking of Jacqueline Sharp’s appointment Ms. Chrominska noted, “We are very pleased to have Jackie Sharp assume the position of President & CEO. As CFO and CAO Jackie has provided strong support to all of the Group’s business lines, and, together with her experience leading the Private Banking Unit and SJLIC, is well suited to assume the Chief Executive Officer’s role.” BM

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