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First Citizens Bank chief executive officer Karen Darbasie has written to Planning Minister Kennedy Swaratsingh seeking to have the record corrected on her purported “resignation” as she had proposed going on pre-retirement leave.

There is conflicting information over whether Darbasie has resigned from the bank.

The Express understands that Darbasie was asked to resign which prompted her to write several letters to Finance Minister Davendranath Tancoo and Minister of Planning and Economic Development Kennedy Swaratsingh including one on August 19, 2025 proposing that she proceed on vacation leave for two weeks, return to facilitate the transition to the group CEO designate- Jason Julien- and then proceed on pre-retirement leave. This was rejected.