IVY SAHADEO

Ivy Sahadeo joined Scotiabank in 2014. She held various roles such as processing clerk, processing officer—asset banks & securities, administrative officer, CMS & merchant support officer, and business support officer before moving to the captive Insurance team in 2019 as a relationship officer. In August 2021 she was promoted to relationship manager and in April 2023 she was appointed to the role of manager, regulatory & wealth compliance.

Sahadeo was described as having a thorough and analytical mind that is keenly attuned to the industry and her team. She is said to exhibit the right mindset and all the behaviours for a leadership role such as trust, security, relationship, and judgement. She has also consistently been recognised internally for the last three years as a Best of The Best employee.

Here she explains why captives have been the most rewarding part of her career to date, where its strengths lie and how she sees her future in it.

Do you feel that the captive insurance industry is a rewarding sector to work in?

The captive insurance industry thus far has been the most rewarding opportunity in my banking career. I have met some of the most interesting people, and forged some lifelong relationships that have without a doubt helped me along the way. The experience in this industry has been eye-opening and afforded me many opportunities that I have been most grateful for.

Would you recommend the captive insurance industry to young people as a future career path?

Without a doubt, I would recommend the captive industry, there are many opportunities in this industry whether banking, account management or administration that can kick-start a career.

How do you feel that the captive insurance industry will evolve?

I believe that captive insurance has its strength in innovation and its capabilities. The relevance of a captive insurance option is not going away any time soon. I see constant change and that creates an environment for growth and evolution.

Do you think that your long-term future remains in the captive insurance industry?

My recent move to compliance is just one of the steps in my journey but I am sure to revisit the captives industry in the future.