Mr. Avinash Bissessar, Group Chief Investment Officer JMMB Group has tendered his resignation, effective September 18, 2024. Mr. Bissessar has made the difficult decision to leave his JMMB family to explore other opportunities for his personal growth and development . The JMMB team wishes Mr. Bissessar all the very best in his new endeavors. We are grateful for his impeccable and tireless service to JMMB. Mr Paul Gray Group Executive Special Projects, will return to the role of Group Chief Investment Officer on September 18, 2024. Mr Gray held this role prior to being seconded to our Dominican Republic operations, in the capacity Interim Country Head, in January 2017 when we needed his blend of leadership skills and experience to support their effective integration into the Group.
The Board of Directors of PROVEN Group Limited, hereby notifies the Jamaica Stock Exchange that it has received notice from PROVEN Management Limited (the Investment Managers of the Group) that Mr. Christopher Williams, the long-standing CEO of PROVEN Management Limited (“PML”) and co-founder of PROVEN Group Limited, will retire from hisrole in PML’s day-to-day operations effective January 31, 2025. Christopher Williams has served as President & CEO of PROVEN Management Limited since inception and January 31, 2025 marks a significant milestone, as it will be the fifteenth anniversary of the Group, which has benefited from his dynamic and visionary leadership at PML. Over this period, PROVEN has grown into one of the Caribbean’s premier providers of financial solutions, with significant strategic expansion, including the launch of PROVEN Wealth (Jamaica, Cayman Islands, Bermuda, British Virgin Islands, Bahamas, and Barbados), PROVEN Properties, PROVEN Private Capital and PROVEN Bank (with operations in St. Lucia and the Cayman Islands). While retiring from daily executive operations, Williams will remain a significant shareholder, active director of PML, and member of the Investment Management Committee and will continue to sit on the board of directors of a number of PROVEN Group’s subsidiaries. In these capacities, Williams’ expertise, strategic insight, and guidance will remain an invaluable asset to the ongoing growth and success of the Group.
Wisynco Group Limited (Wisynco) wishes to advise our shareholders and the investing public of the following change to our executive management team, in accordance with the main market rules of the Jamaica Stock Exchange. Wisynco is pleased to announce the appointment of Ms. Tabitha Athey as Chief Commercial Officer, effective July 1, 2024. She brings a wealth of experience and a proven track record in commercial strategy and sales management, and we are confident that her expertise will drive Wisynco to new heights.
Caribbean Producers (Jamaica) Limited (JSE:CPJ) (“CPJ”) announced that A.S. Bryden & Sons Holdings Limited (JSE:ASBH) (“ASBH”) has acquired a
44.8% strategic stake in CPJ. Nicholas Hospedales was appointed Chief Executive Officer of CPJ effective July 9, 2024. Mr. Hospedales is a senior executive at ASBH, having previously led its food and grocery, premium beverage and operations units over the last decade. Prior to his roles at ASBH, Mr. Hospedales held various regional leadership roles at Nestle. Richard Pandohie, the Chief Executive Officer of ASBH was appointed Chairman of CPJ effective July 9, 2024. Tom Tyler, CPJ’s Co-Founder was appointed Deputy Chairman of CPJ and will serve as a consultant to the Company focused on customer and supplier relationships and business development opportunities. Mark Hart and Candace Hart will remain the Directors of CPJ. In addition to Mr. Pandohie and Mr. Hospedales, ASBH directors Nicholas Scott, Michael Conyers and David Franco were appointed new directors of CPJ replacing Christopher Berry, Konrad Berry, Camille Shields, Frank O’Dowd and Mark Hall who has resigned.
tTech Limited announced, following a meeting of its Board of Directors on July 12, 2024. Effective July 12, 2024: Messrs. Kevin Gordon and Rob Mayo-Smith were appointed directors of the company.
Mr. Norman Chen resigned as the company’s Chief Executive Officer. Mr. Kevin Gordon was appointed as the Chief Executive Officer.
The Directors thank Norman for his service and leadership during his period with the company. His leadership as CEO since December 2022, has been instrumental in navigating the company through significant changes and challenges. His dedication and vision have contributed significantly to the Company’s growth and positioned tTech as a leader in the industry. and we wish him every success in his future endeavours. Mr. Chen continues to serve as a director. Kevin Gordon and Rob Mayo-Smith are the owners of Simply Secure Limited, a company which acquired 49.1% of the issued ordinary shares of tTech Limited. Both Kevin and Rob are experienced executives in the Telecommunications and Information Technology sectors, and the company looks forward to benefitting from their experience and expertise.
Access Financial Services Limited (AFS) wishes to advise of the changes in the leadership positions within the Board of Directors, as decided in the recent Board meeting held on June 27, 2024. The Executive Chairman, Mr. Marcus James requested a one-year leave of absence from his role effective June 27, 2024. During this period, Mr. James will continue to serve on the Board. His request was granted, and Mr. Michael Shaw was subsequently appointed as the new Chairman of the Board. Mr. Shaw brings extensive leadership experience in the financial sector, having served in senior positions where he consistently exceeded targets, improved efficiency, and delivered strong financial results. Additionally, the Board has appointed Mrs. Charmaine Boyd-Walker as the Chairman of the Audit & Risk Management Committee. Mrs. Boyd-Walker has over 25 years of experience in accounting and finance, with significant expertise in audit and accounting standards, internal controls, compliance, and risk management. The Board has full confidence in these changes and looks forward to the exceptional contributions that the new appointees will make in their respective roles.
Access Financial Services Limited (AFS), wishes to advise of the resignation of Ms. Sherri Murray as Company Secretary of the Board, effective July 8, 2024. The Board extends its gratitude to Ms. Murray for her contributions and wishes her all the best in her future endeavours. AFS further advises that Ms. Carla Stephens-Mullings has been appointed as the new Company Secretary, effective July 9, 2024.
The JPS Board of Directors has announced the appointment of Hugh Grant as its new President and Chief Executive Officer. The appointment takes effect on August 1, 2024. Hugh Grant has more than twenty-five years of experience in the utility business, with extensive industry knowledge across the generation, transmission, and distribution sectors of the industry. He joins JPS from Consolidated Edison Company, the energy company that serves the ten million people of New York and Westchester in the US. In his most recent position, Grant served as the vice president of Steam Operations at Con Edison. In this capacity, he was responsible for managing the day-to-day operations and the P&L of the district steam business in Manhattan, a system that has the lowest greenhouse gas emissions of any energy system in New York City. During his time at Con Edison, Grant served in a variety of positions, with increased responsibility and impact on the company. Prior to his most recent assignment, Grant was the vice president of Substation Operations and was responsible for the more than one hundred electric transmission and distribution substations throughout the service territory, serving a customer demand of over 13,000MW.Grant is of Jamaican origin. He holds a Bachelor of Science degree in electrical engineering from Florida International University in Miami, Florida, a Master of Science degree in information
systems from Pace University and a Master of Business Administration from Columbia University in New York City.
The management of Radio Jamaica Limited (RJL), the parent company in the RJRGLEANER Communications Group (“the Group”) advises that a new Chief Financial Officer (CFO) designate, Ms. Karla Stephens-Hall has been identified. Ms. Stephens-Hall started work at the Group on Monday, July 8, 2024.
Supreme Ventures Limited (SVL) wishes to advise that Mrs. Clair-Ann Kennedy the CEO of Supreme Ventures Services Limited and Ibet SV Ghana resigned effective 30 June 2024. Mrs Kennedy has been a valuable and respected member of the SVL Group Executive team. SVL thanks her for the hard work and commitment that she has displayed during her tenure with the Group. Mrs Kennedy will be pursuing other interests and personal projects. In the interim period, Ms. Krista-Gaye Fisher SVP Legal, Regulatory and Compliance will assume the responsibilities of CEO for SVSL.
Mr. Doug Hewson resigned from the Portland JSX Limited (PJX) Board effective July 12, 2024 and Mr. Ricardo Hutchinson was appointed a Director and Board Chairman effective on the same date.