Oct 2025 Financial News

NCB Financial Group Limited - Notice of Completion of Transfer of NCB Insurance Agency and Fund Management Limited

Oct 01, 2025

NCB Financial Group Limited (“NCBFG”) advises that, having secured the requisite regulatory approvals, it has completed the transfer of the pension fund portfolio from NCB Insurance Agency & Fund Managers Limited (NCBIA) to Guardian Life Limited (GLL).

This internal reorganisation is aligned with the Group’s strategy to strengthen capital and operational efficiency, reduce duplication, and unlock synergies across subsidiaries. By consolidating expertise and resources into a dedicated centre of excellence, NCBFG is enhancing its ability to deliver consistent value to clients and shareholders.

The transaction does not have a material impact on the earnings or asset base of NCBFG, but it represents a meaningful step in reinforcing the Group’s foundation for sustainable growth and longterm performance.

Source:
The Trinidad and Tobago Stock Exchange Limited
Wednesday 1st October 2025