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Scotiabank appoints new managing director

Published: 
Friday, October 13, 2017
Newly-appointed Scotiabank T&T Managing Director, Stephen Bagnarol

Scotiabank has announced the appointment of Stephen Bagnarol as Managing Director of its operations in T&T, as well as Senior vice-President and Head of the bank's Caribbean South and East operations.

The appointment will take effect November 1, 2017

In a statement yesterday, Brendan King, chairman, board of directors and senior vice-President of International Banking at Scotiabank said, "Stephen's extensive knowledge and experience leading teams and driving results position him well to lead our team in the Caribbean South and East."

Bagnarol's appointment follows the Bank's announcement on September 19th that Anya Schnoor, who held the position as managing director since 2012, has been promoted to the position of executive vice-president, retail payments, deposits, and unsecured lending for Canadian banking from November 1, 2017.

King added that Bagnarol would continue to develop and implement local business strategy for the region in alignment with the bank's strategy and risk appetite and in compliance with government and regulatory laws.

Bagnarol joined Scotiabank in 1998 and had his first international assignment in Mexico.

In 2005, he relocated to New York as Managing director, Derivatives and Capital markets.

In 2008, he was appointed to Senior Vice-President, Wholesale banking in Panama.

In 2011 Bagnarol was appointed to his current role as senior vice-president, Wholesale banking in Peru

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