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01.07.2025
New Appointment: Mr. Stephen Grell, Managing Director, ANSA Merchant Bank

ANSA Merchant Bank Limited (AMBL) is pleased to announce the appointment of Mr. Stephen Grell as its new Managing Director effective from 1 July 2025. Mr. Grell succeeds distinguished career banker, Mr. Ian De Souza, who assumed the interim role in January 2024.

Stephen is an accomplished financial services executive and brings a wealth of experience with over two decades of knowledge spanning retail and commercial banking, corporate and investment banking and asset management across the Caribbean and the United Kingdom. He is widely respected for his collaborative leadership style, analytical rigor, and deep understanding of regional and international financial markets.

Before assuming his current role at AMBL, Mr. Grell led the Guyana operations of one of the Caribbean’s largest institutions, where he oversaw strategic initiatives in what is considered the world’s fastest growing economy.

With strong academic qualifications underpinning his achievements, Stephen holds a Master of Science in Finance from Florida International University – College of Business and a Bachelor of Arts degree in Economics from the same institution.

Stephen will lead the bank in its continued mission to drive sustainable economic growth through strategic financial initiatives, entrepreneurship support and development financing. Additionally, he will be entrusted with the management of daily operations and the strategic leadership of the Executive team and AMBL’s portfolio of initiatives.

In welcoming Mr. Grell, Chairman of AMBL, Mr. A. Norman Sabga stated, “We are pleased to report on the appointment of Stephen to his new role. He brings a wealth of industry knowledge, and his career reflects a strong commitment to fostering sustainable growth, driving innovation in banking, and contributing meaningfully to economic development across the Caribbean. We are also extremely grateful to Mr. Ian De Souza for his inspiring leadership and his tremendous contributions during his tenure with the ANSA McAL Group.”

Please join us in congratulating Mr. Stephen Grell on his new appointment and welcoming him to the ANSA McAL Group.

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