Caye International Bank appoints Luigi Wewege as President

By Joy Dumasia

The Board of Directors of Caye International Bank announces the appointment of Luigi Wewege as the bank’s new President. Wewege succeeds Peter Zipper, who has retired after more than a decade of service to Caye. Wewege is the third-ever President of Caye International Bank since its founding in 2003.

Mr. Wewege is a passionate and progressive bank executive with proven experience at unlocking growth through a combination of implementing new financial technology, organizational restructure, and new processes. His expertise includes digital banking, FinTech leadership, strategic planning, product development, innovation, global sales management, omnichannel marketing, and business transformation.

Luigi Wewege has previously served as the Senior Vice President and Head of Private Banking at Caye International Bank, where he has helped lead double-digit growth in assets, clients, and deposits. Upon Luigi joining Caye in 2017, it was the fifth-largest international bank within Belize for total deposits. As he is set to take on his new role as President of the bank, Caye will shortly become recognized as the most significant international bank within the country.

Joel Nagel, Chairman of the Board, said: “After a nationwide search that identified a number of highly qualified candidates as potential replacements for our retired President, the current Board of Directors is pleased to announce that we have selected internal candidate Luigi Wewege. We are confident that Mr. Wewege is best qualified to lead our talented, resilient, and dedicated staff for our next chapter as we continue our growth well into the future and become the preeminent international bank in the region!”

“I am excited and proud to continue being part of the Caye International Bank team, in their long-standing mission to be the premier offshore private bank,” said Wewege. “This is an important time for our international bank after the almost two years of disruption created by the pandemic, and I look forward to serving the clients and staff at Caye as their President.”