Financial institutions ought to treat the elderly with more respect

The Chairman of Financial and Investment Consultancies Ltd, Lorne Theophilus has expressed concern about the treatment of the elderly by financial institutions on the island.

Mr. Theophilus was at the time addressing a special staff luncheon called to celebrate achievements and outstanding performers after one of the toughest years faced by FICS, a homegrown financial institution. 

He paid tribute to the founding father of the company, George Theophilus, noting his global acclaim as one of the finest brains in the world of finance.

Lorne Theophilus said “it is somewhat bothersome to me that senior citizens, persons who have served this country and served well, have acquired assets at times, are unable – at times to secure the assistance of institutions, such as this, and others, because of bars that have been placed against them by virtue of their age”. 

Mr. Theophilus pledge to dedicate more time to his issue and urged his staff to encourage more respect for the elderly.

Chairman Lorne Theophilus commended staff for their commitment and hard work during a year that saw – probably the biggest threat to the survival of the company. He attributed another year of success to a committed and united staff.

The staff were feted for their hard. Four were recognised for going beyond the call of duty. Among them – Senior Loans Officer Anysia Charles; the Compliance, Risk and Internal Audit Officer Wendy Joseph David; and Bibiana Florent – the Assistant Branch Manager.

The Employee of the Year Award – determined by a staff vote – went to JUDY MCVANE of the RODNEY BAY BRANCH.