ICBL announced today that Goulbourne Alleyne, has been appointed CEO effective
February 1, 2023, after serving as interim CEO for the past six months.

Chairman of the Board, Joe Poulin commented: “We are pleased to welcome Goulbourne
as our new CEO and believe he brings the passion, vision, and leadership that will guide
our company through its next phase of growth. The Board has complete confidence in his
abilities, and we are excited for the future of ICBL under his direction.”

Commenting about his appointment, Alleyne stated: “I am grateful to the Board for placing
their confidence in me to lead the company as we execute our various strategies and
initiatives to serve our policyholders and other stakeholders. I am supported by a talented
and experienced team of professionals who are committed to our company’s goals to
grow the business, remain laser focused on customer experience, and give back to our
communities, while we continue to lead the industry in the online and digital space.

Alleyne, a seasoned and highly qualified insurance professional, has over 35 years’
experience in the Insurance Industry.

He is a Chartered Insurer and has Fellowship status
with the Chartered Insurance Institute of the UK (FCII). He also has a Master’s in Business
Administration from the Edinburgh School of Business along with other professional
qualifications and designations, and recently completed a Diploma in Environmental,
Social and Governance (ESG) with the Institute of Corporate Governance – Ireland.