Govt welcomes new GIB Chairman

The Government has welcomed the appointment of Dr Andrew McLaughlin as the new Chairman of the Board of Gibraltar International Bank.

The Government called Dr McLaughlin is an “exceptional and respected banker who has excelled at the highest levels of the industry” in the UK with NatWest Bank and the Royal Bank of Scotland International.

“He has also dedicated his time to other important and worthy causes, and more recently worked as the Interim CEO of the Government of Jersey,” the Government said.

“He has extensive knowledge of Gibraltar and other small territories and will be an invaluable addition to the Board of the Gibraltar International Bank.”

Chief Minister, Fabian Picardo, welcomes Dr McLaughlin to the role.

“When I announced the setting up of this Bank on December 16, 2013, I promised we would ensure the Bank would be ‘independently managed by banking professionals’, and Andrew is another example of what we intended,” Mr Picardo said.

“Andrew is a great friend and supporter of Gibraltar and an extraordinary talent in the banking world.”

“I have no doubt he will significantly contribute to the further development of the Bank, and I much look forward to welcoming and supporting him.”