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YASHMID KARAMATH, executive chairman of Hafeez Karamath Ltd (HKL) and the Desalination Company of TT (Desalcott) has been named chairman of Republic Financial Holdings Ltd, a media release from the holdings company said on December 17.

Karamath was described as an exceptional business leader with more than three decades of experience in executive management, corporate governance and strategic leadership.

“He successfully negotiated the acquisition of shares previously held by an international multinational, securing full local ownership and managing the financing and repayment for the transaction. At HKL, he has overseen large-scale national construction projects, consistently positioning the company as a market leader.