Caribbean Association of Indigenous Banks Inc. (CAIB) has elected a new Board of Directors to continue its mandate over the coming two years (2008 – 2010). The election took place two weeks ago during the Association’s 35th Annual General Meeting, held at the Lloyd Erskine Sandiford Centre in Barbados. The new Chairman, First Global Bank Ltd. of Jamaica, represented by Mr. Wayne Wray is joined by incoming Vice Chairman, Barbados National Bank Inc. represented by Mr. Robert Le Hunte.