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REPUBLIC Financial Holdings Ltd (RFHL) has confirmed the resignation of director Robert Riley, effective December 6, marking the fourth departure from the board in just over two months.

The announcement was posted publicly and on the TT Stock Exchange’s website on December 9, under a notice announcing a change in the board of directors.

The disclosure was made pursuant to Section 64(1)(B) of the Securities Act 2012, which mandates listed companies to announce material changes to the composition of their board. Riley, a former energy-sector executive and corporate leader, joined RFHL’s board in October 2016.