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Aisha Laporte Appointed New FortisTCI VP of Finance, Corporate Services and Chief Financial Officer (CFO)

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Effective October 1, Mrs. Aisha Laporte is FortisTCI’s new VP of Finance, Corporate Services and CFO

Providenciales, Turks and Caicos Islands – October 5, 2020) – FortisTCI has announced the appointment of Aisha Laporte as Vice President of Finance, Corporate Services and CFO, a key addition to the executive team, effective October 1.

In her new role, Aisha will be responsible for the fiscal management of FortisTCI as a subsidiary of a publicly listed and traded company. She will also serve as the executive lead of the materials management, customer service and human resources functions.

Aisha has over 12 years of experience as a utility professional, managing finance, supply chain, revenue protection and customer services. She began her tenure at FortisTCI in 2008, and served as Supervisor of Financial Services before being promoted to Manager of Financial Services. During her time leading the finance team, she was responsible for managing the financial reporting activities, budgeting process, and maintenance and development of financial policies and procedures that improved the company’s fiduciary processes.

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In 2012, Aisha was promoted to Director of Customer Services, and most recently served as Senior Director of Customer Services and Stakeholder Engagement, having assumed that role in 2017. At a corporate level, Aisha has led the automation of customer services, including consumption readings, account information, and payment options via the customer web portal ‘My Online Account.’ She has also played a critical role in establishing the company’s revenue protection services and meter auditing processes, and led supply chain management activities.

A Grand Turk native and HJ Robinson High School graduate, Aisha earned a Bachelor’s degree with distinction in Accounting from Nova Southeastern University in 2002 and passed the Certified Public Accountant (CPA) exam in 2004. Prior to joining the FortisTCI team, Aisha worked for three years as a principal auditor with the Turks and Caicos Islands Government and three years with the international firm KPMG.

FortisTCI President and CEO Ruth Forbes, speaking about the appointment said, “I am pleased to welcome Aisha to the executive team and to congratulate her on a well-deserved promotion as Vice President. Over the years, and in whatever role she has served, Aisha has delivered top-rated performances, always exemplifying a strong commitment to excellence, team building and to the values of FortisTCI. I look forward to her future accomplishments in this new role.”

Responding to her appointment, Aisha stated, “I am honored to join the executive team as Vice President, and humbled by the confidence that our President and CEO Ruth Forbes and the entire FortisTCI team have placed in me. I look forward to leading the financial affairs of the company and contributing to the continued transformation of FortisTCI by focusing on the growth and development of our employees, delivering innovative solutions to our stakeholders and excellent service to our customers.”

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Caribbean News

CIBC FirstCaribbean TODAY shuts another TCI branch, CONFIRMED 

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By Dana Malcolm

Staff Writer 

 

 

#TurksandCaicos, April, 2023 – The Turks and Caicos will be losing yet another banking branch following confirmation of reports that CIBC FirstCaribbean bank in Grace Bay will be shut down on Friday March 31st.

CIBC representatives confirmed the shutdown to MM Thursday March 30th. Employees at the Leeward Highway branch moved over to the Grace Bay branch in January to allow for necessary upgrades and expansions to infrastructure.  That shift lasted for four months and employees were scheduled to move back to Leeward Highway in early April. No mention of a closure to the Grace Bay branch was made in the January 12 press release that detailed the upgrades.

Citing those upgrades, which are now complete, Managing Director of the Bahamas Operating Company, responsible also for TCI, Dr. Jacqui Bend said, “CIBC FirstCaribbean is continuing to work on a number of initiatives aimed at improving the processes and technologies that our teams use to support our clients and employees alike.  We have committed further investments in simplification, automation, and security across our bank and, as always, our clients will be the beneficiaries of this renewed effort,

It’s a repeat of the firm’s new mantra focused on self-service and digitization that has seen the local presence of the country’s oldest bank diminish more and more.

CIBC defends the decision explaining that retail client services had already been ceased at that Grace Bay branch and the closure of it earlier this year, while expansion Leeward Highway’s location was designed to ‘reconfigure and improve’ their network for the future.

“While there may be a few teething issues being encountered while our teams and clients adjust to their new surroundings, our teams are working with an ‘all hands on deck approach’ to expedite service to our clients,”  she said in the statement shared with Magnetic Media.

The shifts to more digitized services eliminates the in person experience and residents have voiced discontent with the strategy.  Earlier this year CIBC First Caribbean indicated they would pare down services and the in branch experience at their Grand Turk location.

It left Grand Turk with no banks within which they could enter to get that ‘human touch’.  While there was outrage, Government remained silent.

Since January 3rd, customers of the bank have had to shift to the digital approach which now requires smaller cash deposits and smaller cash withdrawals to be made via ABMs, which are more state of the art and it also means applying for many of the banking features online.

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Caribbean News

Three days, two matches, two wins for Natl Men’s Football   

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Dana Malcolm  

Staff Writer  

 
 

#TurksandCaicos, March 31, 2023 – Belief in themselves and an inspiring new coach has caused a dramatic shift in the Turks and Caicos National Men’s Football team according to captain Billy Forbes; the TCI National Men’s Football team secured two impressive back-to-back wins.  

“The guys are buying in now, having a coach that they can look up to, who has played professionally before– it’s really amazing,” he explained.  “For me, I’m really proud of the guys because three or four years ago that would have been us losing the game probably like 6-0, something like that.  For us to go down 1-0 and come back and win it- I think that was fantastic, you can’t really ask for much more.”  

He was speaking to the press after a March 28th match against Bonaire.  The team is on a winning streak following back-to-back victories over the US Virgin Islands and Bonaire in the Concacaf Nations League.  The most recent match with Bonaire almost looked like a miss just one minute in- but as Forbes said they pulled it together.  Coach Hayden Mullins, former Crystal Palace, Portsmouth, and National English Footballer detailed the nail-biting match. 

“I thought we started slow; we gave a goal away in the first minute,” he said.  “The pleasing thing for me is we went from one nil down to 2-1 up at halftime.  We had something to build on.  Full assessment?  The game had everything, we had a red card; we missed a penalty; we went goal down; but the resolve and the character from the guys was perfect. It’s exactly what we’re looking for.”  

Sebastian Turbyfield (# 1 goalkeeper), concurred with his captain and coach.  Turbeyfield performed quite a few gymnastic feats to keep TCI in the running throughout the match.  He described his teammates as having a completely different resolve and promised they would only be getting better from here.  

Mullings said the team is one that the country can be proud of and ‘could definitely get out of league C.” 

The men returned to the country on March 29th

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Bahamas News

Earth Day celebrations  

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Dana Malcolm  

Staff Writer  

 
 

#TurksandCaicos, March 31, 2023 – Earth Day is coming up on April 22, 2023, and the Department of Environment and Coastal resources is hosting a poetry competition for TCI youth to mark the event.

Students of all ages are encouraged to write a sonnet to celebrate the TCI’s natural beauty; the winning poem will be published in the Times of the Island Magazine. 

The deadline for poems to be submitted is April 30, 2023, and students should submit their poem via email to aavenant@gov.tv or in person to any DECR office. Entries must include the student’s name, age and school.  

The department promises that there are prizes to be won for the top poets. 

April 22 marks the anniversary of the birth of the modern environmental movement 53 years ago and helps demonstrate support for environmental protection. The theme for this year is “Invest In Our Planet.” 

This year‘s theme follows years of missed climate action goals by governments globally, including poor climate financing. The Turks and Caicos and other small island developing states are particularly at risk environmentally because of the growing threat of climate change. 

Currently the country is working through the Environmental Health Department DECR, Fisheries Department, and more to create sustainable fishing, farming, and marine practices that will benefit the country economically, but also protect its natural flora and fauna.  

Projects include sargassum research, coral nurseries to rebuild the country’s coral reef, farming in schools, marine spatial planning to create an effective plan for the use of marine resources, participation in the UK Blue Belt program to protect local marine life, and much more.  

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