CIBC FIRSTCARIBBEAN AND 11 RE­GIONAL LABOUR UNIONS SIGN SEC­OND HIS­TORIC AGREE­MENT

The Star (St. Lucia) - - LOCAL -

Twelve years af­ter sign­ing the first his­toric doc­u­ment, CIBC FirstCaribbean and mem­bers of eleven re­gional trade unions re­cently ini­tialled a sec­ond FirstPart­ner­ship Prin­ci­ples Agree­ment. The sign­ing took place dur­ing a two-day meet­ing of bank ex­ec­u­tives, man­agers, staff del­e­gates and union lead­ers on June 22-23rd, 2017.

The ground­break­ing FirstPart­ner­ship Prin­ci­ples Agree­ment was first signed in 2005 and re­mains the only one in the fi­nan­cial ser­vices sec­tor in the Caribbean. The unique agree­ment sees the sig­na­to­ries com­mit­ting to fol­low a set of prin­ci­ples which will guide them in their en­gage­ment. It also out­lines the roles and re­spon­si­bil­i­ties of the par­ties and their be­hav­iours.

CIBC FirstCaribbean’s Chief Ex­ec­u­tive Of­fi­cer Gary Brown, writ­ing in the for­ward to the doc­u­ment, said the bank was “for­tu­nate to have a doc­u­ment like the Part­ner­ship Prin­ci­ples that has helped and will con­tinue to help guide us when re­solv­ing is­sues af­fect­ing our peo­ple”.

“That we have been able to come to­gether to de­velop and agree on such prin­ci­ples is a tes­ta­ment to the pro­fes­sion­al­ism and spirit of co­op­er­a­tion of all par­ties. I look for­ward to con­tin­u­ing the di­a­logue be­tween the mem­bers of the Part­ner­ship and to the many years of pro­duc­tive in­ter­ac­tion that will ben­e­fit our em­ploy­ees, our com­pany, our share­hold­ers and all the clients we are in the busi­ness to serve,” he added.

Man­ag­ing Di­rec­tor, Hu­man Re­sources, Neil Bren­nan, who signed on be­half of the bank, said, “Through the prin­ci­ples of the agree­ment CIBC FirstCaribbean has been able to col­lab­o­rate with its Trade Union part­ners to nav­i­gate through some tur­bu­lent times, make some sig­nif­i­cant changes to the or­ga­ni­za­tion and the way it op­er­ates, to build a stronger, more suc­cess­ful bank.”

Also sign­ing on be­half of the bank was Mark St. Hill, Man­ag­ing Di­rec­tor, Re­tail and Busi­ness Bank­ing who noted that through the part­ner­ship the bank hoped to “con­tinue to de­liver growth for the bank, its em­ploy­ees and cus­tomers. It is for the mu­tual ben­e­fit of our em­ploy­ees, our com­pany, our share­hold­ers and, most im­por­tantly, the clients we serve”.

Chair­per­son of the part­ner­ship and pres­i­dent of the Ba­hamas Fi­nan­cial Ser­vices Union, Theresa Mor­timer, said the part­ner­ship doc­u­ment demon­strated a com­mit­ment by the bank and the trade unions to work to­gether to main­tain a sta­ble in­dus­trial re­la­tions cli­mate within the fi­nan­cial ser­vices sec­tor.

She was sup­ported by vice chair­man and Gen­eral Sec­re­tary of the An­tigua and Bar­buda Work­ers’ Union David Mas­siah who hailed the agree­ment as one de­vel­oped by Caribbean peo­ple which demon­strates “how im­por­tant it is for this part­ner­ship of em­ployer, em­ployee and unions to be work­ing to­gether”.

The trade unions which are sig­na­to­ries to the new­est agree­ment are An­tigua and Bar­buda Work­ers’ Union, Ba­hamas Fi­nan­cial Ser­vices Man­age­ment Work­ers’ Union, Ba­hamas Fi­nan­cial Ser­vices Union, Bank­ing, In­sur­ance & Gen­eral Work­ers Union of Trinidad, Bar­ba­dos Work­ers’ Union, Bus­ta­mante In­dus­trial Trade Union of Ja­maica, Com­mer­cial Tech­ni­cal Al­lied Work­ers’ Union of St Vin­cent, Fed­er­a­tion of Fi­nan­cial Unions (for­merly Bond di Em­plead­o­nan Bankario I Ase­guro (BEBA) – Nether­lands An­tilles (St Maarten), Na­tional Work­ers’ Union of St Lu­cia, Na­tional Work­ers’ Union of Gre­nada and the Water­front and Al­lied Work­ers’ Union of Do­minica.

Man­ag­ing Di­rec­tor, Re­tail and Busi­ness, CIBC FirstCaribbean, Mark St. Hill (left) signs the agree­ment while Chair­man of the FirstPart­ner­ship Theresa Mor­timer (sec­ond left, seated) ob­serves. Vice Chair­man David Mas­siah (sec­ond right) signs on be­half of the unions; Man­ag­ing Di­rec­tor, Hu­man Re­sources, CIBC FirstCaribbean, Neil Bren­nan (right) ob­serves.

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