Demerara Bank Limited (DBL) yesterday formally announced the retirement of its long-serving Chief Executive Officer (CEO) Pravinchandra Dave and the appointment of his successor Dowlat Parbhu.
In a release, DBL said that Dave is retiring as of December 31st, 2023. An international banker with a wealth of experience and expertise, DBL said that Dave joined the bank in July 2001, during a challenging period of transformation for the bank.
“With exceptional leadership, he successfully transformed a one-branch operation into a banking powerhouse with now nine branches countrywide. Under his astute guidance, the bank’s assets soared to G$159.59 billion, establishing itself as the best-managed bank in Guyana.
