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Corporate Movements

Corporate Movements – July 2023

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iCreate Limited (“iCreate”) wishes to advise of the departure of Mrs. Toni Cooke, Deputy Chief Executive Officer & Chief Operating Officer effective June 30, 2023. iCreate wishes to wholeheartedly thank Mrs. Cooke for her invaluable contribution and the positive impact she has made on the Company in a very short time. She has been pivotal and instrumental in streamlining the operations of Visual Vibe.Com Limited. The Board of Directors expresses heartiest well wishes to Mrs. Cooke in her future endeavours.

Dolla Financial Services Limited (Dolla) is pleased to announce the appointment of Mr. Kenroy Kerr to the position of Deputy Chief Executive Officer effective July 1, 2023. Mr. Kerr previously held the position of Chief Operations Officer at Dolla. Dolla looks forward to the new role Mr. Kerr will play in the further growth and development of the Company.

Dolla Financial Services Limited (Dolla) wishes to advise that Mr. Kenroy Kerr, the current Deputy Chief Executive Officer, has been appointed as the Interim Chief Executive Officer for Dolla as the current Chief Executive Officer, Mr. Kadeen Mairs, has tendered his resignation and commences his garden leave today, July 28, 2023.

Carreras Limited (CAR) wishes to advise that Ms. Imega Breese McNab will be joining Carreras Limited in the of role of Legal & External Affairs Manager effective August 8, 2023.

Dolla Financial Services Limited (“Dolla”) wishes to advise that Mr. Xesus Johnston, who is currently the Chief Executive Officer of Supreme Ventures Gaming Limited, and Ms. Andrea Whittaker, who is currently the Chief Operating Officer of Mayberry Investments Limited, have been invited to join Dolla’s Board of Directors subject to the approval of the Bank of Jamaica in accordance with the Microcredit Act of Jamaica.

The Jamaica Stock Exchange (JSE) has advised that the Board of the Jamaica Stock Exchange, at its Board Meeting held on July 19, 2023 appointed Mrs. Sabrina Cooper as a Director effective July 19, 2023. Sabrina Cooper was appointed Senior Vice President of Wealth Management at Scotia Group Jamaica. She will also hold the post of CEO of Scotia Investments Jamaica. Ms. Cooper assumed the role effective January 4. She will be responsible for growth and profitability of the wealth and asset management businesses.

Derrimon Trading Company Limited (DTL) wishes to advise of the resignation of Mr. Craig Robinson from the post of General Manager for Sampars, effective July 7,2023. Derrimon takes this opportunity to thank Mr. Robinson for his dedicated years of service and commitment to the company and wish him much success in his new endeavour.

JFP Limited Announces The Resignation Of Chairman Ian Levy And The Appointment Of New Chairperson Lisa Simone Bell Effective June 30, 2023.

Scotia Group Jamaica advises of the Appointment of Sheila Segree-White, Vice President Human Resources effective August 1, 2023. Mrs. Segree-White is a seasoned banker with 20 years’ experience in operations, customer experience and general management in the financial services and banking industries. Throughout her career she has held multiple senior leadership positions in high impact roles where she led very large teams in a complex work environment, across jurisdictions, multiple stakeholders internally and externally. She obtained her MBA from Nova Southeastern University in Florida and her BSc in Management
Studies from the University of the West Indies.

The Jamaica Stock Exchange Limited (JSE) has advised that at a meeting of their Board of Directors held on June 22, 2023 Mr. Julian Mair was re-elected as Chairman of the Board and Mr. Steven Whittingham was re-elected as Deputy Chairman of the Board.

The Board of Directors of Supreme Ventures Limited is pleased to announce the appointment of Dr. The Hon. Usain Bolt, OJ as a Director of the Company effective June 16, 2023. The Board welcomes Dr. Bolt to the Supreme Ventures family and looks forward to his invaluable contribution to the Company.

iCreate Limited (“iCreate”) wishes to announce the departure of Mr. Dwight Burchell as Group Chief Financial Officer (“CFO”) effective April 23, 2023. Mr. Burchell occupied the position of Group CFO at a time when the company was aggressively undertaking several mergers and acquisitions in an effort to realise its continued growth, development and diversification. His timely and impactful contribution cannot be adequately expressed in words. Suffice to say, Mr. Burchell’s departure is not related to any disagreement in respect of the standard accounting principles. The Board of Directors of iCreate wishes to thank Mr. Burchell for his yeoman service and extends best wishes in his future endeavours.

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Corporate Movements

Corporate Movements- December 2023

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Dolla Financial Services Limited (“DOLLA”) wishes to advise that Ms. Alison Lynn, Financial Consultant, and Mr. Walter Scott, Attorney-at-Law King’s Council, have been invited to join DOLLA’s Board of Directors subject to the approval of the Bank of Jamaica in accordance with the Microcredit Act of Jamaica.

Supreme Ventures Limited wishes to advise of the resignation of Mr. Walter Scott, KC as a Director and Chairman of its subsidiary McKayla Financial Services Limited effective November 30, 2023. The company would like to thank Mr. Scott for his invaluable contribution to the Board of McKayla and would like to wish him all the best in his future endeavors.

iCreate Limited (“iCreate” or “Company”) wishes to advise that as at November 24, 2023, the following resignations were effective: –
1. Ms. Arlene Martin resigned from the post of Interim Chief Executive Officer and as Director of the iCreate subsidiary of Visual Vibe.Com; and
2. Mr. Ivan Carter resigned as Director of the iCreate subsidiaries of Visual Vibe.Com and GetPaid Limited.
With respect to the Company/Corporate Secretary, Mr. Demetrie Adams, his resignation takes effect as at December 31, 2023.
The Board of Directors of iCreate wishes to wholeheartedly thank Messrs. Martin, Carter and Adams for their invaluable service to the Company over the years and wish them all the very best in their future endeavours.

 

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Digicel Group Appointments Rajeev Suri As Chairman Designate

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Digicel is pleased to announce the appointment of Rajeev Suri as Chairman Designate of Digicel Group, the leading digital provider in 25 markets across the Caribbean and Central America.

Rajeev will succeed Denis O’Brien post implementation of the previously announced Restructuring Services Agreement [RSA]. Mr O’Brien will continue to serve on the Board and remain a shareholder in the company.

Implementation of the RSA will see the Digicel shareholder consortium led by PGIM, Contrarian Capital Management, and GoldenTree Asset Management gain a controlling stake in the company. Rajeev will continue to be based in London.

The incoming shareholders of Digicel in a joint statement said; “Rajeev has a proven track record of transformative delivery and with a strengthened balance sheet, we see considerable potential to grow value and profitability at Digicel.”

Commenting, Denis O’Brien, Digicel’s Founder said; “I am delighted to welcome Rajeev as Chairman Designate. Given his impressive track record of delivery over 35 years, I know he will both add value and create value for all our stakeholders. He joins superb local teams across the Caribbean and Central America with whom it has been my privilege to work for over 25 years. He is the ideal leader to deliver on Digicel’s next phase of growth.”

Commenting Rajeev Suri, Chairman Designate said; “I want to thank Gregory Cass, Principal, PGIM, Pat Dyson, Partner, GoldenTree Asset Management, Xiao Song, Managing Director, Contrarian Capital Management, Denis O’ Brien, Digicel’s Founder and all the shareholders of Digicel for welcoming me into the company. Denis has built a fantastic company with leading positions in the markets it serves. I look forward to getting on the road to meet our customers and employees and continuing to strengthen the company’s board and leadership team to take the company forward in this next chapter.”

Mr. Suri has worked in the telecom industry for around 35 years, most recently as Chief Executive Officer of Inmarsat from March 2021 until its acquisition by Viasat in May 2023. He joined Inmarsat from Nokia, where he was President and Chief Executive Officer from 2014 to 2020, having served as Chief Executive Officer of Nokia Siemens Networks since 2009. He was a Commissioner of the United Nations Broadband Commission and served as Chair of the Global Satellite Operators Association (GSOA).

As CEO of Inmarsat, a global mobile satellite communications services company, he delivered record financial performance and provided a successful exit for the company’s private equity and pension fund shareholders.

When at Nokia and Nokia Siemens Networks, Rajeev took a business valued at around €1 billion and increased that to more than €25 billion, creating one of the top two global leaders in telecommunications network infrastructure. He also led the sector’s consolidation, improving the health of the company and the industry.

Previously, Mr. Suri served as co-chair of the digitalisation task force for the B20 and he was also a member of various digital and healthcare committees at the World Economic Forum and is a past recipient of China’s prestigious Marco Polo award. Mr. Suri currently serves as a director of Stryker Corporation, Viasat and Singtel. He holds a B.E. in Electronics and Communications and an honorary doctorate from Manipal University.

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Kelli-Dawn Hamilton Appointed CEO of the Jamaica Special Economic Zone Authority (JSEZA).

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Kelli-Dawn Hamilton is the new Chief Executive Officer (CEO) of the Jamaica Special Economic Zone Authority (JSEZA).

Mrs. Hamilton, who assumed office on October 26, will lead the entity into its next phase of growth and development.

She served as the Authority’s most recent Interim CEO.

Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, in his congratulatory statement, said that Mrs. Hamilton will “bring significant experience to the role”.

He noted that she has an acute sense of leadership that will propel Jamaica’s export agenda and attract foreign investments to support the country’s economic growth.

Chairman of the Authority, Chirstopher Levy, expressed his confidence in the new CEO, stating that “we are thrilled to welcome Mrs. Hamilton back to the Jamaica Special Economic Zone Authority”.

“Her proven leadership and strategic insights will undoubtedly accelerate our growth trajectory and reinforce our commitment to delivering exceptional value to our customers and stakeholder,” Chairman of the Authority, Chirstopher Levy

Mrs. Hamilton said she is happy to be rejoining the JSEZA family and looks forward to leveraging the company’s strong foundation and talented workforce to drive innovation and sustainable growth for Jamaica’s special economic zones.

“Together, we will continue to create and build upon the company’s legacy of excellence and reinforce our position as a strategic hub for trade and commerce in the Caribbean Region,” she said.

Mrs. Hamilton has a proven track record and expertise in trade policy, communications and business development and brings to the table a wealth of experience in business advocacy and client relationships, having previously served in various technical and leadership roles at the Jamaica Promotions Corporation (JAMPRO), First Global Bank and the Airports Authority of Jamaica (AAJ).

Her strategic vision, strong leadership abilities, and extensive industry knowledge make her an ideal fit to steer the JSEZA towards continued success and global expansion.

Mrs. Hamilton holds a Master of Science Degree in Comparative Politics and Political Theory from the University of the West Indies, Mona, and has demonstrated her commitment to excellence and leadership throughout her career.

The JSEZA is an agency under the Ministry of Industry, Investment and Commerce charged with driving economic growth through the establishment of special economic zones.

Since its inception in 2016, the company has been at the forefront of foreign and local direct investment attraction within Jamaica’s special economic zone regime.

By: 

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Corporate Movements – November 2023

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Guardian Media Limited wishes to advise that Dr. Karrian Hepburn Malcolm has resigned from the position of Managing Director effective November 30th, 2023. Further, Guardian Media Limited is pleased to announce that Mr. Gerhard Pettier has been appointed to the position of Acting Managing Director effective December 1st, 2023. Guardian Media Limited is also pleased to announce that Ms. Candice Changoor has been appointed to the position of Acting Chief Financial Officer and Corporate Secretary effective December 1st, 2023. The Company and the Board of Directors would like to congratulate Mr. Pettier and Ms. Changoor on their acting appointments, and to sincerely thank Dr. Hepburn Malcolm for her valuable contribution to Guardian Media Limited.

Guardian Holdings Limited (“the Company”) hereby advises of the resignations of Mr. Patrick Hylton and Mr. Dennis Cohen as Directors with effect from 13th November, 2023. Mr. Hylton and Mr. Cohen both joined the Board in 2016. Guardian Group takes this opportunity to sincerely thank Mr. Hylton and Mr. Cohen for their invaluable contribution to the Company and wishes them well in all future endeavours.

Caribbean Assurance Brokers Limited (CAB) wishes to advise that Ms. Saffron Fletcher has joined us in the position of Compliance, Risk and Data Protection Manager effective November 1, 2023.

The Board of Directors of JFP Limited is pleased to announce that Mr. Lissant Mitchell joined the Board of Directors on October 31, 2023. Mr. Lissant Mitchell was also appointed Chairman of the Audit Committee on October 31, 2023 and Mentor on November 7, 2023.

Jamaica Public Service Company Limited (JPS) has advised that Ms. Pia Baker was appointed to the position of Senior Vice President, Customer Experience and Commercial effective November 9, 2023. and that Mr. Earl Manning was appointed to the position of Chief Technology Officer effective November 9, 2023.

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CEO-Designate Anthony Smith In, Group Chief Executive Officer Gary Allen Out, As Radio Jamaica Limited Announces Board And Management Changes.

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The Board of Directors of Radio Jamaica Limited (RJL), the parent company in the RJRGLEANER Communications Group, announces changes in its Board and Executive Management.

Group, Chief Executive Officer, Gary Allen

After fifteen years as head of the Group, Chief Executive Officer, Gary Allen will demit office as Managing Director of the company and CEO of the Group, effective December 31, 2023. A statement from the Group says Mr. Allen will remain with the Group, serving as Group Senior Executive, Corporate and External Affairs, working closely with Board Chairman, Joseph M. Matalon and the new CEO.

Allen will lead the regulatory and policymaking interface of the Group, especially relating to Digital Switch Over. He will continue to chair the Boards of the Overseas businesses in Canada, the United States of America, and the United Kingdom, as well as being a member of the Editorial Board, the Boards of the print and broadcast subsidiaries and being Chairman of the RJRGLEANER Sports Foundation.

The Board also announced that Deputy Chief Executive Officer for Print and Digital Services, Anthony Smith, will assume duties as the new CEO on January 1, 2024.

Effective November 1, 2023, CEO-designate, Anthony Smith, will be appointed to the Board of Radio Jamaica, and on January 1, 2024, will be appointed Managing Director, and automatically become an executive director as provided under the company’s Articles of Incorporation.

Mr. Smith was appointed Group Deputy CEO and GCML General Manager on October 1, 2022. A seasoned business and technology executive, he has successfully led diverse teams and transformational programmes throughout his career. Amongst his impressive achievements, as CEO of Massy Technologies Jamaica and Group COO for Massy Technologies Group (Massy Technologies Trinidad Limited), Mr. Smith was successful in growing the company’s profits before tax each year, for the 5 years of his tenure. He has also served on several boards, including that of the Massy companies he led.

The Company also advises that Chief Strategy Officer (CSO), Christopher Barnes, will be resigning as a director of the Board of the parent company, effective October 31, 2023, and as CSO, on December 31, 2023, but will continue as a consultant with the Group and remain on the GCML and Broadcast subsidiary boards.

Chief Strategy Officer (CSO), Christopher Barnes

Christopher has been with the Group for more than 15 years, serving The Gleaner Company and The Gleaner Company (Media) Limited (GCML) as Managing Director before becoming Chief Operating Officer, then CSO after the amalgamation of GCML and RJL in 2016.

In the statement to the Jamaica Stock Exchange, RJL, a publicly listed company, says these organizational changes are driven by the strategic imperative to strengthen our leadership position in the local and diaspora markets and to support the digital-first transformation programme, as outlined at the most recent AGM.

Strategy Designed To Take Advantage Of Changing Media Landscape

The agreed strategy is designed to take advantage of the changing media landscape, which has seen technology convergence; impact of Al technologies; new media; on demand access and Digital Switch Over (DSO), to achieve sustained future growth. As the new CEO of the RJRGLEANER Group, Mr. Smith will be responsible for spearheading the strategy and execution of the new operating model for the Group. All departments and revenue channels will fall within his responsibility.

The RJR GLEANER Communications Group was established in April 2016 following an amalgamation of the RJR Communications Group and The Gleaner Company (Media) Limited. RJR and the Gleaner have been serving the Jamaican public for 75 and 189 years respectively.

The amalgamated Group operates four radio stations, four television channels, two newspapers locally, as well as weekly publications in three diaspora centres. It also publishes a children’s newspaper (Children’s Own), operates a multimedia company, a global streaming platform (Ispotmedia), as well as several digital and social media assets.

RJRGLEANER is leading Jamaica’s digital television transition to the ATSC 3.0 standard after, in 2022, taking Jamaica to being the third country in the world to adopt and inaugurate a service for the new NextGeneration of Television standard.

The Group operates the number one television station and newspaper publication in Jamaica, accounts for most of the social media engagement (over 70%) of all media in Jamaica and is consistently in the top two leadership position for radio services in the country.

The Group is confident about its continued leadership in media and communications, into the future, and is proud of its commitment to journalistic integrity and the strong positive corporate impact it continues to have on Jamaica and Jamaicans across the globe.

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