Aubyn Hill
Company: Corporate Strategies Ltd.
Position: CEO
Industry: Financial Services
Country: Jamaica
Aubyn Hill is the Chief Executive Officer of Corporate Strategies Ltd., a financial advisory, restructuring and consulting firm. In July 2005 he was appointed by the Minister of Finance to a three-year term as Chairman of the National Investment Bank of Jamaica (NIBJ).
Mr. Hill has been a senior executive and CEO in the banking and finance industry for over 26 years.
In early 1980 he started a branch of American Express International Banking Corporation in Sri Lanka. The bank became profitable in approximately 15 months – well ahead of schedule.
During his 21 years as a banker in the middle east, Mr. Hill led the restructuring and turnaround of two major banks – Burgan Bank in Kuwait and the National Bank of Oman.
He also led the management team that completed the successful turnaround of one of the largest banks in the Caribbean – National Commercial Bank Limited (NCB) – within a short two years. When he joined NCB the share price was $5.51 and the market capitalisation was $13.5 billion. At the time of Mr. Hill’s resignation the share price was $25.20 and the market capitalisation was $62.2 billion. The bank’s share price reached a high of $31.70 a few months before which translated into the company’s market capitalisation of $78.2 billion.
During his two-year tenure as CEO the net profit of NCB moved from $317 million to $3.2 billion.
Mr. Hill worked as an interim board member and unpaid consultant to the Executive Chairman and CEO of the ailing Air Jamaica Limited for a six-month period after the Government of Jamaica became the 100% shareholder on December 23, 2004. In July 2005 the Minister of Finance oppointed Mr. Hill as the Chairman of the National Investment Bank of Jamaica for a three year term.
He has lived in eight countries in the Caribbean, North America, Europe, Asia and the Middle East and has done business in about 85 different countries.
Mr. Hill’s academic qualifications includes an MBA from Harvard Business School, which he earned in 1978.
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