Sun Bank International Ltd. announces a key leadership appointment

Nevis, December 10, 2024 – Sun Bank International Ltd. is pleased to announce a significant leadership appointment of a new Chief Executive Officer, that reflect the bank’s commitment to strengthening its strategic direction.

Ivaylo Markov has been serving as the new Chief Executive Officer (CEO) since November 13, 2024, after his offical approval by Nevis Financial Services Regulatory Commission. Ivaylo comes with extensive experience in financial services and a proven track record of driving growth and transformation within organizations. His visionary leadership will guide Sun Bank as it continues to expand its offerings and strengthen its position in the international banking sector.

“I am honored to take on the role of CEO and lead Sun Bank International Ltd. into the future,” stated Ivaylo Markov. “Together with our talented team, we aim to build on our successes and ensure that we remain a trusted partner for our clients while embracing innovation and maintaining the highest standards of service.”

As Sun Bank International Ltd. continues to evolve and grow, these strategic appointments reflect the bank’s commitment to excellence and its focus on providing superior financial services that meet the needs of international clients.

Nichole Lawrence

Operations Manager

With over 20 years of experience across all areas of the banking sector, Nichole specializes in Branch Operations and has handled a wide range of client cases in the field of Compliance.

As an ACAMS-certified Anti-Money Laundering Specialist, she is highly skilled and adaptable, making her an invaluable asset to the bank. Nichole effectively leads our Operations department, bringing expertise and a dynamic approach to managing complex and multifaceted organizational challenges.

Vincia Herbert

Chief Compliance Officer

Vincia has extensive experience in the banking, trust, and wealth management sectors, with specialization in Anti-Money Laundering (AML) and Compliance.

She is skilled in managing enterprise-wide AML/CFT/CPF programs and conducting AML risk assessments.

Vincia brings essential expertise in compliance, a critical area for all financial institutions in today’s regulatory environment.

Leticia Nisbett-Dore

Director

Leticia is a Chartered Director with extensive international consulting experience in the financial services sector.

She has collaborated with numerous Fortune 500 companies, delivering outstanding client care by anticipating and addressing client needs with precision.

Her wealth of expertise across various fields equips her to provide tailored solutions, consistently achieving goals. Leticia’s diverse experience ensures that the bank has access to relevant expertise at critical moments.

Ivaylo Markov

Chief Executive Officer

Ivaylo is a seasoned banking professional with over 17 years of extensive experience in the banking and investment funds industry.

He has held various roles at State Street Bank, RCB, and TMF Fund Management in Luxembourg, specializing in fund structuring and administration, and depositary banking.

His expertise spans corporate finance, investment banking, and financial analysis, with a strong focus on delivering strategic financial solutions and tailored products to clients.