CIBC Caribbean commits US$500 000 to Jamaica’s relief and restoration efforts

In the aftermath of Hurricane Melissa’s catastrophic impact on Jamaica, CIBC Caribbean has swiftly mobilized its resources and partners to provide critical relief to the affected communities. Through its ComTrust Foundation and in collaboration with the CIBC Foundation, the bank has committed substantial funds to support multiple initiatives aimed at alleviating the suffering caused by the disaster. Key efforts include providing immediate relief supplies to its 670 employees in Jamaica via Food for the Poor and funding the deployment of a Field Hospital Unit by the Barbados Defence Force to Savanna-La-Mar, one of the hardest-hit regions. Mark St Hill, CEO of CIBC Caribbean and chair of its charitable foundation, expressed deep empathy for the Jamaican people, emphasizing the shared vulnerability of Caribbean nations during hurricane season. The bank’s relief strategy began with ensuring the safety of its employees and repairing damaged homes, while also extending support to the broader community through cash donations. Annique Dawkins, Head of Country, commended her Kingston team for their rapid response, which included distributing essential supplies and restoring banking services, such as reactivating the ATM in Savanna-La-Mar. Donna Wellington, Chief Country Management Officer, highlighted the bank’s long-term commitment to Jamaica’s recovery, detailing a comprehensive relief package. This includes a $100,000 donation to Food for the Poor for sanitation equipment, tarpaulins, and other necessities, as well as a $250,000 contribution to outfit the Barbados Defence Force’s Field Hospital Unit. Additionally, the bank is offering $150,000 in pre-paid cards for essential purchases, redirecting unused scholarship funds to the University of the West Indies’ Student Hardship Fund, and providing financial assistance to clients through payment moratoriums, temporary financing options, and special credit relief. St Hill reiterated the bank’s dedication to the Caribbean region, stating, ‘We must be our brother’s keeper.’