Mrs. Frances Parravicino

Mrs Frances Parravicino, Vice President

Frances Parravicino has had a successful career in the banking and financial services sector in her native Barbados . But she says that since she began her studies with ICB two years ago, she feels "re-energized" and better prepared to meet new business challenges.

Parravicino, who specializes in asset finance as VP of Consolidated Finance Company, the country's first, privately owned indigenous bank, says she first heard about the ICB when she was working as a commercial banker.

During the late 1980s and early 1990s, she oversaw that bank's human resources department and served as an ICB representative, urging staff members to enrol in the financial services educators' numerous courses to boost their overall knowledge of the banking industry.After she re-oriented her career to specialize in asset finance, she decided to continue her own education with ICB.

"At Consolidated Finance I am totally involved in every aspect of the business- from implementing policies, procedures and standards to interviewing loan applicants," Parravicino says, "My position is strategic and yet, completely ‘hands on.' I enrolled with the ICB because I needed more background knowledge to grow professionally."

Parravicino says that for many years, pursuing a formal education took a backseat to her job and raising a family.But her curiosity was sparked in 2003, when an ICB employee recommended she enrol in the "Global Financial Systems and Markets" course.

The course was offered in St Lucia , a short plane ride from Barbados . For Parravicino, it mattered that the exam was held in the Caribbean because she had a limited travel budget and preferred to remain close to her office.

The course, which targeted senior bankers, afforded Parravicino the opportunity to meet and develop a strong camaraderie with colleagues from other Caribbean countries.She says the course also stimulated her intellectually.

"It challenged me beyond my comfort level," she says.
...
Parravicino has garnered top marks in several of her courses, including "Bank Financial Risk Management" and "Using IT to Gain Competitive Advantage."

She says her positive experience with ICB thus far has motivated her to achieve her company's goal of expanding its business.She says she's now equipped with the necessary tools, including a greater awareness of associated risks, to continue to thrive professionally.

In the short term, she plans to maintain her company's position as a dominant player in Barbados' automotive financing or car-loan sector.Over the longer term, she intends to diversify from asset finance into foreign exchange trading and merchant banking.

Parravicino says she's excited about the new business opportunities that will arise from the Caribbean Single Market and Economy, which started early this year.She sees the shift toward a single market economy that facilitates labour and capital movements within the Caribbean as positive harbinger.

Vice President: Mrs Frances Parravicino

Parravicino, who specializes in asset finance as VP of Consolidated Finance Company, the country's first, privately owned indigenous bank, says she first heard about the ICB when she was working as a commercial banker.

During the late 1980s and early 1990s, she oversaw that bank's human resources department and served as an ICB representative, urging staff members to enrol in the financial services educators' numerous courses to boost their overall knowledge of the banking industry.After she re-oriented her career to specialize in asset finance, she decided to continue her own education with ICB.

"At Consolidated Finance I am totally involved in every aspect of the businessâ€" from implementing policies, procedures and standards to interviewing loan applicants," Parravicino says, "My position is strategic and yet, completely ‘hands on.' I enrolled with the ICB because I needed more background knowledge to grow professionally."

Parravicino says that for many years, pursuing a formal education took a backseat to her job and raising a family.But her curiosity was sparked in 2003, when an ICB employee recommended she enrol in the "Global Financial Systems and Markets" course.

The course was offered in St Lucia , a short plane ride from Barbados . For Parravicino, it mattered that the exam was held in the Caribbean because she had a limited travel budget and preferred to remain close to her office.

The course, which targeted senior bankers, afforded Parravicino the opportunity to meet and develop a strong camaraderie with colleagues from other Caribbean countries.She says the course also stimulated her intellectually.

"It challenged me beyond my comfort level," she says.
...
Parravicino has garnered top marks in several of her courses, including "Bank Financial Risk Management" and "Using IT to Gain Competitive Advantage."

She says her positive experience with ICB thus far has motivated her to achieve her company's goal of expanding its business.She says she's now equipped with the necessary tools, including a greater awareness of associated risks, to continue to thrive professionally.

In the short term, she plans to maintain her company's position as a dominant player in Barbados' automotive financing or car-loan sector.Over the longer term, she intends to diversify from asset finance into foreign exchange trading and merchant banking.

Parravicino says she's excited about the new business opportunities that will arise from the Caribbean Single Market and Economy, which started early this year.She sees the shift toward a single market economy that facilitates labour and capital movements within the Caribbean as positive harbinger.

Frances Parravicino - frances.parravicino@consolidated-finance.com