WILLEMSTAD - Maduro & Curiel’s Bank announces today the appointment of Quinten Fraai as the new President & CEO, effective June 1, 2025. He will succeed Lionel ‘Chicu’ Capriles, who announced last year that he would step down from his current role and take on a new position as a member of the Supervisory Board, pending approval from the Central Bank. The appointment of Quinten is still subject to shareholder approval, which is scheduled to take place later this quarter. 

Quinten Fraai has over 30 years of experience in the financial services industry. He is currently the CEO of Monuta, a leading provider of funeral insurance and services in the Netherlands with over 1.5 million policyholders. Prior to this, Fraai served as CEO of NN Insurance Belgium & Luxembourg. His extensive banking career spans more than two decades and includes key leadership roles, such as co-CEO of ING Direct Japan, General Manager of Direct Channels at ING Bank Belgium, Director of Savings and Mortgage Operations for ING Direct in the United Kingdom, and EVP Operations at ING Direct USA. Quinten brings a wealth of international banking experience, having worked in various countries and cultures. In addition to his professional expertise, he has strong personal and family ties to the Caribbean Netherlands and a deep understanding of the community.