# Republic Bank Director Resigns

> Republic Bank director Edward Ince resigned effective 15 Oct 2026, leaving a vacant seat with no successor named.
- Title: Republic Bank Director Resigns · The Rio Times | Shortify
- Summary: Republic Bank director Edward Ince resigned effective 15 Oct 2026, leaving a vacant seat with no successor named. Edward Ince resigned as Republic Bank…
- Keywords: edward ince, republic bank, trinidad and tobago, republic financial holdings, rfhl, trinidad and tobago stock exchange, trinidad guardian, trinidad express, news, world, politics, Republic
- Source: The Rio Times — https://riotimesonline.com/republic-bank-director-resigns-trinidad-2026
- Author: Lachlan Williams
- Published: 2026-10-20T20:58:43+00:00
- Read time: 1 min
- Topics: edward ince, republic bank, trinidad and tobago, republic financial holdings, rfhl, trinidad and tobago stock exchange, trinidad guardian, trinidad express, news, world, politics
## Republic Bank Director Resigns
Edward Ince resigned as Republic Bank director effective 15 October 2026.

> a public notice published on tuesday 20 october 2026 states that the resignation took effect on thursday 15 october
## No Reason Given
The resignation notice provides no explanation for Ince's departure or successor.

> the notice gives no reason for the departure
## Follows CEO Change
Ince's resignation followed Richard Sammy's exit as chief executive in waiting.

> ince’s resignation took effect the day after richard sammy, the group’s chief executive in waiting, left rfhl
## State Ownership
State shareholders own 51.43% of Republic Financial Holdings Ltd.

> three government-controlled holders, including the minister of finance’s corporation sole with 2.70%, together owned 51.43%
## Share Price
RFHL shares closed at TT$114.00 (about US$16.90) on 20 October.

> rfhl shares closed at tt$114.00 (about us$16.90) on the trinidad and tobago stock exchange on tuesday 20 october 2026
## No Immediate Impact
US investors and customers should treat this as a board change with no immediate consequences.

> us investors and customers of republic bank should treat this as a board change to watch
## Next Steps
Karen Yip Chuck to become president and chief executive from 1 January 2027.

> rfhl named karen yip chuck, another of its three group vice-presidents, as incoming president and chief executive from 1 january 2:027
## Shareholder Details
National Investment Fund holds 29.92% of RFHL shares, National Insurance Board 18.81%.

> the national investment fund holding company ltd as its largest shareholder with 29.92%, followed by the national insurance board (nib), the state social-insurance agency, with 18.81%
## No Tied Cause
No source links Ince's resignation to Sammy's exit or other events.

> neither newspaper links ince’s resignation to richard sammy’s exit
## Effective Date
Ince's resignation took effect on 15 October 2026, the day after Sammy left.

> ince’s resignation took effect on thursday 15 october 2026
## Shareholder Activity
National Insurance Board raised stake to 21.5% by buying 4.43 million shares.

> the national insurance board had raised its stake to 21.5% the previous month after buying a further 4.43 million shares
## No Successor Named
Republic Bank has not yet named a successor for Ince's vacant seat.

> the bank has not yet named a successor for the seat
## Market Reaction
RFHL shares rose 0.04% on 20 October with 10,945 shares traded.

> rfhl shares closed at tt$114.00 (about us$16.90) on the trinidad and tobago stock exchange on tuesday 20 october 2026, up tt$0.04 (0.04%) on the day
## Key takeaway

Edward Ince resigned as Republic Bank director effective 15 October 2026, with no successor named.