Ma­jor­i­ty state-owned First Cit­i­zens Group has ap­point­ed Ja­son Julien as its new group CEO.

Julien, who was pre­vi­ous­ly deputy CEO, re­places Karen Dar­basie, who served as group CEO of First Cit­i­zens for near­ly 10 years, as her ap­point­ment was with ef­fect from April 7, 2015.

In a no­tice on the web­site of the T&T Stock Ex­change and in lo­cal news­pa­pers, First Cit­i­zens said its board took the de­ci­sion to ap­point Julien on March 28.

He grad­u­at­ed from the Uni­ver­si­ty of the West In­des with a BSc in man­age­ment stud­ies and pos­sess­es an MBA from the Ed­in­burgh Busi­ness School, Heri­ot-Watt Uni­ver­si­ty.

The group de­clared af­ter-tax prof­it of $956.9 mil­lion in its fi­nan­cial year end­ed Sep­tem­ber 30, 2024.