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Corporate Movements

Corporate Movements- March 2023



Access Financial Services Limited (AFS) wishes to advise of the resignation of Ms. Keisha Smith, Manager- Human Resources & Training effective April 7, 2023. AFS and the Board of Directors would like to take this opportunity to thank Ms. Smith for her service and contribution to the organization and the diligence with which she executed her duties. We wish her all the best in her future endeavours.

Main Event Entertainment Group Limited (MEEG) wishes to advise that at its Board Meeting held on February 28, 2023, Mr. Gladstone Lewars was appointed as a Director of the company, effective February 28, 2023.

Mr. Avinash Bissessar has been promoted to the role of Group Chief Investment Officer effective March 1, 2023. Mr. Bissessar previously held the role of Country Treasurer for the JMMB Trinidad and Tobago subsidiaries. Mr. Bissessar is a career treasury professional with twenty (20) years of financial services experience. His experience includes FX corporate solutions, fixed income portfolio, and balance sheet management. He is ACCA qualified with a Master’s in Business Administration.  The JMMB Group looks forward to his continued valuable contribution

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Corporate Movements

Corporate Movements – February 2023



Dolla wishes to advise that Mr. Christopher Yeung, Vice Chairman and Director of Dolla, has tendered his resignation to focus on other Companies within the Group. Mr. Christopher Yeung remains the Managing Director of First Rock Private Equity Limited. Dr. Michael Banbury has been appointed as Dolla’s Vice Chairman.

The Board of Directors of Elite Diagnostic Limited is pleased to announce the following Board appointments:
Dr. Neil Fong was appointed Company Secretary effective February 10, 2023.
Mrs. Simone Bowie-Jones, Attorney-at-Law, was appointed to the Board of Directors effective January 12, 2023 and a member of the Audit Committee and the Corporate Governance & Compensation Committee.
• Director Mark Kerr-Jarrett was appointed a member of the Audit Committee effective January 12, 2023.

iCreate Limited (“iCreate”) is pleased to announce the appointment of Mrs. Toni Cooke to the posts of Deputy Chief Executive Officer and Chief Operating Officer. Mrs. Cooke began her career at Goldman, Sachs & Co. in New York, United States of America and rose to the rank of Vice President. In her previous role as Manager of Business Development at Mastercard, she played a key role in building relationships and business opportunities for FinTechs and other non-traditional financial players. Prior to her sojourn at Mastercard, she spent extensive time leading the Corporate Strategy and Planning units across the GraceKennedy Group.  Mrs. Cooke holds a Master in Business Administration in Finance with Distinction from the Mona School of Business and Management and joins iCreate at a critical time as the Company evolves into a digital and creative group of companies, having embarked on several acquisitions in the last year.

PROVEN Group Ltd. (“the Company” or “PGL”) hereby informs the Jamaica Stock Exchange that Hon. Hugh Hart has notified the Board of Directors of PROVEN that he will be retiring as a Director and Chairman of the Board effective March 31, 2023. Mr. Hart, having served in his capacity as a non-executive independent Director and Chairman of the Board since PROVEN’s inception more than 13 years ago, contributed his vast experience in the legal and financial sectors and led with deep humility, compassion and notable wisdom. PROVEN would like to extend its sincere gratitude to Mr. Hart for his stewardship since the inception of the Company. Mr. Rhory McNamara, who is currently the Deputy Chairman, Director and Company Secretary will assume the role of Chairman of the Board, effective March 31, 2023. Mr. McNamara has been a Director of PROVEN since January 2010 and has been instrumental in proficiently guiding the Company’s affairs as an eminent St. Lucia based Attorney at Law and licensed corporate/secretarial service provider.

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Businessuite Women

Shullette Cox Appointed President of JAMPRO.



On Friday, February 10, 2023, the Jamaica Promotions Corporation (JAMPRO), an agency within the Ministry of Industry, Investment and Commerce (MIIC), through its Chairman, Mrs. Melanie Subratie and its Deputy Chairman, the Hon. Ian K. Levy, announced Mrs. Shullette Cox to the JAMPRO staff as their new President.

The appointment of Mrs. Cox by the Board of Directors strategically aligns with the organisation’s renewed focus on growing exports, expanding investments and improving the business environment of the nation. She was first appointed Acting President on January 2, 2023 and led the JAMPRO team that supported the recent Ministerial Mission to Guyana, which has been lauded as being highly successful.

At the announcement of her full appointment to staff, Mrs. Melanie Subratie, Chairman of JAMPRO, noted that she was pleased with the comprehensive recruitment process carried out by JAMPRO’s Board of Directors and the final selection of the new President, commenting further that “Shullette Cox was instrumental in the successful execution of numerous initiatives at JAMPRO which have helped establish JAMPRO and Jamaica as a global leader. Notably, Shullette has helped to drive the execution of numerous government reforms that have led to an increase in Jamaica’s global ranking on the doing business report, including reforms that moved Jamaica from twenty-first in starting a business to number six in the world and leaders in the Caribbean.” She went on to note that, “ I love how Shullette has the support and enthusiasm of the team, respect from international funding agencies, and confidence of the Board whilst also being a determined leader who likes to get things done and execute on objectives.

I would encourage the private sector to reach out to JAMPRO and Shullette to tap into the incredible support that JAMPRO is able to offer to help increase exports, increase investments and navigate government services.” Cox was appointed Vice President in August 2013, and most recently led the Research, Advocacy and Project Implementation Division. In that role she led in supporting the implementation of investment projects as well as to create and advance policies and reforms to make it easier to do business in Jamaica. Notably, she had oversight of various national programmes, including the National Competitiveness Council, and spearheaded the development of critical initiatives such as the National Investment Policy and the National Business Portal. She is recognised across public and private sector for her range of knowledge and experience in economic development issues. She has previously held roles at the Office of the Prime Minister in 2008 and the Cannabis Licensing Authority, where she was Interim CEO at its establishment in 2015, concurrent with her role at JAMPRO.

The promotion of Mrs. Cox to the Presidency is a success story for progression within the government sector having started her career at JAMPRO as an intern over 20 years ago. In responding to the appointment, Cox noted that she is humbled, thankful and elated to be given the opportunity to lead the JAMPRO team at this critical juncture of Jamaica’s economic development, when the country is poised for extensive economic growth. Cox further stated that “I look forward to working with staff, the Board of directors, the Ministry and our public and private sector partners to grow significantly Jamaica’s exports, to increase substantially local and foreign investments into the economy, and to advocate proactively for improvements in the business environment as we strive”. Mrs. Cox will also be working closely with key entities, such as HEART/NSTA Trust and others, to expand Jamaica’s workforce by ensuring that Jamaicans, and in particular Jamaican young people who are not now in the workforce, can take advantage of training, apprenticeship, certification and employment opportunities that are available.

Senator the Honourable Aubyn Hill, Minister of Industry, Investment and Commerce, commended the appointment while noting, “The selection of JAMPRO’s new President is critical to the strategic refocus of JAMPRO and the agenda of the Ministry of Industry, Investment and Commerce at this time, and I extend congratulations to Mrs. Cox who has been a stalwart for JAMPRO and Jamaica for many years.”

Mrs. Cox holds a Master of Arts degree in Development Economics from Williams College, where she attended as an OAS Scholar, and a Bachelor of Science (Hons) in Economics and International Relations from the University of the West Indies. In addition, Cox, serves as a board member for the Development Bank of Jamaica’s Credit Enhancement Fund (CEF), the Cannabis Licensing Authority (CLA) and Jamaica International Financial Services Authority (JIFSA). The Jamaica Promotions Corporation’s (JAMPRO’s) mission is to drive economic development through growth in investment and export. JAMPRO is an Agency in the Ministry of Industry, Investment, and Commerce.

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Corporate Movements

Corporate Movements January 2023



Victoria Mutual Wealth Management (VM Wealth) announced the appointment of Christine Benjamin as Head of Sales and Client Relations. Benjamin will work closely with Brian Frazer, Deputy Chief Executive Officer, in providing oversight of VM Wealth’s Sales and Client Relations operations. Benjamin is a seasoned investment professional with over 10 years’ experience in investment banking and business development. Her most recent former role was Vice President of Sales and Client Services at Mayberry Investments Limited. With a strong passion for service, Benjamin has a solid background of crafting innovative sales strategies, with a keen focus on sales effectiveness. She earned her MBA in Banking & Finance from the Mona School of Business & Management and also holds an undergraduate degree in International Relations from The University of the West Indies, Mona.

PROVEN Group Limited (formerly Proven Investments Limited), which owns 50.5% shareholding of Roberts Manufacturing Company Limited (“Roberts”), a company incorporated under the laws of Barbados, with the Ansa McAl Group which owns the other 49.5% of Roberts, hereby informs the Stock Exchange that Mr. Jason Sambrano, Managing Director of Roberts will be demitting office effective January 31, 2023, to pursue other interests. The Board of Directors thanks Mr. Sambrano for his stewardship and the contribution he has made over the years. The process of recruiting a new Managing Director is underway and the intention is to fill the position by April 2023. Interim measures for the continued leadership and operational oversight of the business will be implemented during the transition period. Roberts continues to be one of the top manufacturing entities in Barbados, with a footprint spanning more than 15 territories, and ranks in the top 5 exporters and earners of foreign exchange in Barbados.

Mayberry Investments Limited (MIL) hereby advises that by a resolution of the Board of Directors on January 18th 2023, Mr. Konrad Mark Berry has resigned from the post of Company Secretary with effect from January 31, 2023. MIL further advises that Mrs. Janene Shaw has been appointed as Company Secretary with effect from February 1, 2023.

GraceKennedy Limited (GK) has advised that Ms. Allison Mais, Head of Strategic Planning, has resigned from the company effective April 16, 2023. Mr. Andrew Leo-Rhynie, Head of Mergers & Acquisitions, will assume oversight of GraceKennedy’s Strategic Planning portfolio until the post has been filled.

Barita Investments Limited (BIL) has advised of the following senior management changes within the Company:

Miss Terise Kettle has been promoted to the position of Senior Vice President, Investment Banking, effective October 1, 2022. Miss Kettle previously held the post of Vice President, Investment Banking.
Mrs. Sonia Owens has been promoted to the position of Vice President, Treasury & Financial Institutions, effective October 1, 2022. Mrs. Owens previously held the position of Head, Treasury & Financial Institutions.
Mr. Geoffery Romans has been promoted to the position of Senior Vice President, Risk Management, effective December 1, 2022. Mr. Romans previously held the post of Head, Financial Risk-Frameworks & Administration.

Scotia Group Jamaica is pleased to announce the appointment of Sabrina Cooper to the role SVP, Wealth Management & CEO Scotia Investments effective January 4, 2023.

Sagicor Select Funds Limited (SELECT) advises that Mrs. A. Cecile Watson has been appointed as a member of the Board of Directors, effective January 1, 2023.

Sagicor Group wishes to advise that the Board of Directors appointed two (2) new Directors namely Ms. Joanna Banks and Mr. Andre Mousseau as at December 31,2022 . Director Ms. Lisa Lake resigned as at December 31, 2022.

MASSY HOLDINGS LTD advise that Ms. Julie Avey was promoted to the position of Group Executive Vice President People and Culture effective January 01, 2023.

Caribbean Assurance Brokers (CAB) Limited wishes to advise of the promotions of Ms. Shanique Thompson, Chief Financial Officer and Ms. Sequoia Thomas, Marketing Manager effective January 1, 2023.

Paramount Trading (Jamaica) Limited wishes to advise on the departure of Dr. Cecile Dennis, Head of People & Culture, Customer Service &
Marketing and Mr. Vaughn Phang, Chief Operating Officer, effective December 2, 2022 and December 30, 2022 respectively.


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Businessuite News24

Corporate Movements December 2022



Access Financial Services Limited (AFS) wishes to advise of the appointment of Mr. Hugh Campbell as Acting Chief Executive Officer effective December 10, 2022. Mr. Campbell who has served on the AFS Senior Management team as Manager-Collections & Internal Control since 2016, comes to the assignment with more than 28 years of experience in the finance sector. He holds an MBA from the University of the West Indies, Mona and a first degree in Banking and Financial Services from the University of Technology Jamaica.

tTech Limited is advising the following management changes:
• The resignation of Mr. Damani Brown, Technical Services Manager effective November 30, 2022.
• The appointment of Mrs. Marsha Bucknor to Sales and Marketing Manager effective December 1, 2022.

Scotia Group Jamaica Limited announces the Retirement of Jeffrey Hall, Chair, and the Appointment of Anya Schnoor to be effected December 9, 2022.

The Limners and Bards Limited (LAB) wishes to advise that Mrs. Marlene McIntosh has relinquished her role as Chief Financial Officer effective November 30, 2022. The LAB  also advised that effective November 29 2022 Kimala Bennett will act as Chief Financial Officer pending the appointment of a Chief Financial Officer

Elite Diagnostic Limited (Elite) wishes to advise that Mr. Harvey Levers was appointed Chief Executive Officer of the Company effective July 1, 2022 and that Company Secretary Anna Young has tendered her resignation effective December 31, 2022.

Ms. Patria Kaye Aarons has tendered her voluntary resignation as a director of JMMB Group Limited effective November 11, 2022. Ms. Aarons has taken the decision to resign based on her current professional commitments.

Victoria Mutual Investments Limited (VMIL) wishes to advise that Mr. Davie Martin, Manager, Asset Management, of Victoria Mutual Wealth Management Limited, a wholly owned subsidiary of VMIL, has tendered his resignation, effective October 26, 2022.

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Corporate Movements

JAMPRO’s President Diane Edwards Makes A Career Step Amidst Praise For Achievements



It is with regret that we advise that President Diane Edwards has given notice that she will not be renewing her contract, which ends December 31, 2022. She has opted instead to pursue her next career opportunities.

Over the last 9 years, under the stewardship of President Edwards, JAMPRO has been perceived by incoming investors as responsive and constantly helpful. Under her leadership, JAMPRO has taken on an enhanced marketing orientation, driven by pro-active team of professionals.

Ms. Edwards has led JAMPRO to be a leading government organization that has provided local and international investors in the tourism, manufacturing, and mining sectors with significant assistance to overcome difficulties as the seek to do business in Jamaica. The Global Digital Services (Business Process Outsourcing) (BPO) industry has moved from 12,000 jobs in 2013 to 54,000 jobs in 2022 through the attraction of new BPO companies and the creation of an ecosystem for multiple expansions across the country. Ms. Edwards and JAMPRO have played important roles in attracting these BPO businesses to assist the Jamaican economy.

Over the period, JAMPRO also commenced the implementation of transformative projects such as the creation of a National Business Portal and the establishment of a National Investment Policy, while advocating for the creation of a cannabis and hemp industry. In addition, the organisation has led the development and implementation of multiple sector strategies geared towards development and growth such as the National Global Digital Services Strategy, the National Manufacturing Strategy and the draft National 4-Year Agribusiness Strategy.

Melanie Subratie, Chair of JAMPRO, expressed her appreciation for the strong relationship she has built with Diane and gratitude for the work they have done together noting that “I have long been a champion of the sterling work done by JAMPRO and as a fellow female leader, I have admired Diane’s transformation of the organisation into a client-centric, results driven agency, leading the cause of the private sector. I am sorry to see her go, but I know that she has led a remarkable team who will continue her stellar work. There is no doubt in my mind that the Jamaica BPO industry would not exist in its current form without the work of Diane and her team at JAMPRO. They literally built an industry from the ground up.”

Senator the Honourable Aubyn Hill, Minister of Industry, Investment and Commerce added that “Diane’s endeavours to stimulate export and investment have played a significant role in the growth of the nation’s capabilities. Her management of JAMPRO and contributions to Jamaica’s economic development will be remembered.”

The Chair of JAMPRO advised that “I will continue to work closely with Diane, who is keen on supporting the process, to ensure a smooth and seamless transition. The role of the President of JAMPRO is vital to nation building and all efforts will be made to source the best talent over the next 3 months.”

The JAMPRO Board, supported by its Human Resource Committee, will immediately begin the process to recruit a new President.

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