Scotiabank has appointed Jim Meek as its new general
manager in the Dominican Republic. Meek will be responsible for supervising the
acquisition by the Canadian bank of government-intervened Baninter assets. On 8
July, Scotiabank announced the signing of a memorandum of understanding with
Dominican financial authorities, whereby the company would purchase as many as
35 branches and select financial operations of the bank, such as credit card
operations and personal and commercial bank loan portfolios that meet Scotiabank
standards.
At the time of the announcement, Meek was vice-president of international
banking and based in Toronto, where he was responsible for the operations of
Scotiabank 10 countries in Central America and the Caribbean.