Tribute to Dr. Carle J. Walter
We take this opportunity to pay tribute to Former Director/Vice-Chairman Dr. Carle J. Walter who passed away on December 26, 2016. Dr. Walter was first appointed to the ACB Board of Directors at its 43rd Annual General Meeting (AGM) held on March 31, 1999. He elevated to the position of Vice Chairman in 2003 and served in that capacity until his retirement on May 5, 2005 at the Group’s 49th AGM in accordance with statutory term limitations on the tenure of directors.
On June 22, 2005, the former Director was re-appointed to the ACB Board to fill the casual vacancy created by the resignation of Winston St. Agathe and served until the Group’s 50th AGM held on December 21, 2006.
Dr. Walter also served on the Board of Directors of ACB Mortgage & Trust Company Limited from August 20, 2003 to May 5, 2005.
His fellow directors describe him as meticulous, one who ensured that every “t” was crossed and “i” was dotted. Dr. Walter could always be relied on for ensuring that figures presented to the Board were correct.
Often regarded as a serious man, long standing staff in sharing their memories with me today, describe the former director as one who held the institution to his heart.
Once his health permitted, the former Director was a usual attendee and an active participant at our Annual General Meetings. His support of the Board’s work was appreciated, particularly from one so highly respected. I can personally attest to the fact that when the former Director rose to his feet to offer his contribution, I often held my breath in anticipation of the wise words that would often follow.
The dearly departed is father to our present Vice- Chairman Craig J. Walter.
On behalf of the Board of Directors, Management and Staff of the ACB Group, we extend our condolences to his family and friends during this time.
LEGAL COUNSEL/CORPORATE SECRETARY