LOM Financial Announce Director Changes
LOM Financial Ltd. has announced the retirement of director Dennis Tucker and the appointment of financial services executive Rik Parkhill as an independent director, effective immediately.
A spokesperson said, “LOM Financial Ltd. today announced that Mr. Dennis Tucker will be retiring from the boards of LOM Financial Limited and its regulated subsidiaries. The Board of Directors extends its sincere gratitude to Mr. Tucker for his distinguished service and welcomes Mr. Parkhill as an Independent Director, effective immediately.
“Mr. Dennis Tucker joined the boards of LOM Financial Limited and its regulated subsidiaries in August 2017, bringing with him a wealth of experience, an exceptional record of public service, and a deep commitment to the Bermuda community. Over the course of nearly a decade of dedicated board service, Mr. Tucker has been an invaluable member of LOM’s governance structure, providing thoughtful independent oversight and counsel that has contributed meaningfully to the company’s ongoing development.”
“On behalf of the entire LOM Board and management team, I want to express our deepest appreciation to Dennis for his unwavering commitment, his wise counsel, and his significant contributions to LOM over the past years. His integrity, experience, and dedication to good governance have been a true asset to our organization, and we wish him all the very best in his well-deserved retirement,” said Scott Lines, CEO of LOM Financial.
The spokesperson said, “LOM Financial is pleased to welcome Mr. Rik Parkhill as an Independent Director of LOM Financial. Mr. Parkhill is a seasoned financial services executive with an exceptional record of leadership across capital markets, banking, fintech and corporate governance spanning more than four decades. He brings deep financial expertise, strategic acumen, and extensive board experience across multiple regulated institutions in the Caribbean and North America to LOM’s board.
“Most recently, Mr. Parkhill served as Executive Chairman of Sagicor Bank [Barbados] Limited from 2022 to 2025, where he led the development and launch of the first fully digital bank operating in the Caribbean. Under his leadership, Sagicor Bank achieved the highest customer satisfaction rating among all banks in Barbados. He simultaneously served as a Corporate Director of Sagicor Bank Jamaica Limited, one of Jamaica’s largest commercial banks, from 2019 to 2025.
“Previously, he held the position of Managing Director and Head of Strategic Advisory for Clariti Strategic Advisors, a Canadian mid-market investment banking firm that provides advisory services to corporations and institutional investors.
“Mr. Parkhill served as Chief Executive Officer of CIBC FirstCaribbean International Bank from 2011 to 2015, overseeing a pan-Caribbean institution with operations across eighteen countries, over US$12 billion in assets, and approximately 2,900 employees. During his tenure, he revitalized corporate and retail lending operations, and successfully established CIBC FirstCaribbean as the leading infrastructure financier in the Caribbean.
“Earlier in his career, Mr. Parkhill held senior leadership roles at CIBC World Markets Inc., where as Managing Director and Head of Cash Equities and Capital Markets Sales he established CIBC as the leader in Canadian equity trading services. He also served in executive roles at TSX Group — operator of the Toronto Stock Exchange — including as Interim Co-Chief Executive Officer, President, and Executive Vice President.
“Mr. Parkhill holds a Bachelor of Arts [Honours] in Political Science from Queen’s University and completed graduate studies at Carleton University. He is a registered securities professional and longtime resident of both Toronto, Canada and Barbados.”
“I am honoured to join the board of LOM Financial and look forward to contributing to the company’s continued growth and success. LOM has built a strong reputation as a trusted financial services provider across Bermuda and the broader region, and I am excited to support the team as they continue to deliver exceptional value to their clients,” said Mr. Parkhill.
