SINT MAARTEN/CURACAO - Maduro & Curiel’s Bank (MCB) announces that Bill Said, a current member of the Management Board, will be appointed as MCB Group Head in addition to his current role of Managing Director effective May 1, 2025.
In this role he will assume the business line responsibilities of Michael de Sola, who has decided to leave the bank after fifteen years on MCB’s Management Board. Michael remains available as needed through 2025 to ensure a smooth transition. In addition, Cris van Kempen, currently Chief Risk Officer for MCB for the past five years, will join the Management Board as of July 1, 2025.
Lionel (Chicu) Capriles II, President & CEO of MCB, fully respects Michael’s decision. “Michael has a long track record on our Management Board and his contributions have been exemplary. On behalf of all of us at MCB I would like to thank Michael enormously for his significant contributions and appreciate that he will continue to be available this year to ensure a seamless handover.
Bill has been on our Management Board for over two years now and has helped the bank reach new heights. His strong focus on customer experience and exposure to international best practices will serve the bank and its customers well. I am also pleased that Cris will join the Management Board, ensuring risk expertise is well represented in our leadership team. Having both Bill and Cris on the Management Board with their familiarity with our bank and community ensures strong continuity.”
In an explanation of his decision, Michael says: “I have had a fantastic time at MCB, with wonderful colleagues and loyal customers. After fifteen years I now want to explore other challenges outside the bank. MCB is in a good position, so I can make this change later this year with peace of mind.”
Bill Said adds: “MCB is very active in the local economy and Chicu, Michael and I are fully aligned in understanding the importance of the bank to the community. It is an honor to serve the bank, its clients and other stakeholders, and I look forward to continuing and expanding our strong relationships in all the islands we serve.
Cris van Kempen comments: “It is a privilege to join the Management Board of a bank with such a strong legacy and important role in the community. I look forward to working with my colleagues to continue building on our success and contributing to the bank’s stability and growth.”
Cris van Kempen’s appointment to the Management Board is subject to customary regulatory and shareholder approval.
The succession process for a new President & CEO is fully on schedule. In March 2024, Chicu announced that he will step down in 2025. The bank’s Supervisory Board immediately started a process for a successor, and it is well on track.
The Supervisory Board’s priority is to ensure continuity in the Management Board, maintaining the bank’s long tradition of stability, excellence and service.
