Former Scotiabank executive David Noel has joined Sagicor Financial Company Ltd. as executive vice president and chief operating officer, Caribbean, effective September 8, 2025.
At Sagicor, Noel will oversee operational strategy, execution, and performance across the Caribbean region. He will work closely with teams from Sagicor’s subsidiaries, including Sagicor Life Inc. and Sagicor Group Jamaica Ltd.
The chief executives of those companies will continue reporting to president and chief executive officer Andre Mousseau, to whom Noel will also report. He will serve as a member of Sagicor’s executive committee.
Mousseau said Noel’s leadership background in regional markets, combined with his work in a Canadian institution, provides experience for Sagicor’s Caribbean operations.
“We are excited to welcome David to Sagicor. His leadership experience in our core markets, combined with his broad expertise developed in a complex organization in Canada, prepares him well to lead Sagicor’s strategic efforts to use global best practices to transform four Caribbean operations. David’s work with our team will help drive our continued growth in the Caribbean,” said Mousseau.
Before joining Sagicor, Noel served as chief operating officer of Canadian banking at Scotiabank. His earlier career included leadership positions across the Caribbean. He was president and chief executive officer of Scotiabank Jamaica, which also covered The Bahamas, Cayman Islands, Turks and Caicos, British Virgin Islands and Belize. Prior to that, he was managing director of Scotiabank Barbados and head of Caribbean East.
Noel is both a chartered financial analyst charter holder and an attorney-at-law. He studied at the University of the West Indies, Cave Hill Campus in Barbados, and the Norman Manley Law School in Jamaica.
He currently serves on the board of directors of the Canadian Club Toronto and is part of the United Way Greater Toronto 2025 Campaign Cabinet. His prior board service includes the Accounting Standards Oversight Council, QEII Health Services Foundation, Atlantic Provinces Economic Council, Halifax Partnership, Atlantic Ballet Theatre Company and Hope Blooms.
Sagicor Financial, which has been operating for over 180 years in the Caribbean, has a history spanning more than 90 years in Canada and over 70 years in the United States. Its businesses include life, health and general insurance, banking, pensions, annuities, investment management and real estate.
