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.

MASSY HOLDINGS LTD. The Company wishes to advise that Mrs. Anjen Mc Lean resigned as the Vice President & Group Chief Risk Officer which will be effective, July 21, 2023. The Chairman and the Board of Directors would like to thank Mrs. Mc Lean for her years of dedicated service to the Group.

JFP Limited wishes to advise that Miss Maureen Hassan has resigned as Human Resource Officer with effect from June 8, 2023. JFP Limited takes this opportunity to sincerely thank Miss Hassan for her contribution and wishes her well in the future. Miss Hassan will be leaving the Company for personal reasons.

Sagicor Group Jamaica (SGJ) has announced that, as a part of its strategic leadership reorganisation, it has made two additional appointments to its Senior Leadership team, effective July 17, 2023. These new appointments come in the wake of the changes made to the leadership structure within the Group last October.

Joanna Banks will assume a new role within SGJ as Executive Vice President, Strategy and Business Development. In this capacity, Banks will work with the Leadership of SGJ to drive the organisation’s strategy formulation and implementation and focus on modernization and growth of the Group’s businesses.

Banks, who was recently appointed President of Pan Jamaica Group Limited, comes to the role with an impressive record of management in a number of senior roles during her career. She earned a Bachelor of Science in Systems Engineering from the University of Pennsylvania and a Master of Business Administration from the University of Chicago Booth School of Business. She is also a holder of the Chartered Financial Analyst designation.

Tracy-Ann Spence will join SGJ as Executive Vice President and Chief Investment Officer. Spence will assume strategic oversight of the investment operations of the Group, including its investment banking business, treasury and asset management, and fund management. In this role the heads of both Sagicor Investments and SGJ’s Treasury and Asset Management Division will report directly to her.

Spence, who is currently the Chief Operating Officer at NCB Capital Markets, a major investment bank, comes to the role with over 20 years of experience in investment banking, asset management, and risk management, and holds a Bachelor of Science in Applied Mathematics from York University in Toronto, and a Master of Business Administration in Banking & Finance from the University of the West Indies.

Christopher Zacca, President & CEO, Sagicor Group Jamaica noted that “the appointment of these two eminently qualified and highly respected financial professionals perfectly fits within our strategic priorities, and further strengthens our competitive advantage as we focus on innovation and digitalisation, growth opportunities including geographical expansion, and broadening the range of financial services that we offer to our clients.”

#7 Joanna A. Banks, Chief Executive Officer of PanJam Investment Limited

Joanna A. Banks Set To Become The Youngest And Most Powerful Woman In Corporate Jamaica And The Caribbean

PanJam Investment Limited (‘PanJam’) and Jamaica Producers Group Limited (“JP”) have announced the successful completion of the amalgamation process, which was approved by the shareholders of both companies on December 22, 2022. The amalgamation agreement between the two Jamaican conglomerates, saw JP transfer its material businesses to PanJam in exchange for JP receiving a 34.5% ownership stake in PanJam.

PanJam has also advised that following the successful completion of the amalgamation of the material businesses of Jamaica Producers Group Limited (‘JP’) and PanJam Investment Limited (‘PanJam’), PanJam announces the following changes, all of which are effective on April 1, 2023:

Change of Name to Pan Jamaica Group Limited
In line with shareholder approval received on December 22, 2023, PanJam has changed its company name to Pan Jamaica Group Limited.
Senior Management Changes
Mr. Jeffrey Hall, CD has been appointed Chief Executive Officer of Pan Jamaica Group Limited.
Ms. Joanna Banks has been appointed President of Pan Jamaica Group Limited.
Mr. Alan Buckland has been appointed Chief Financial Officer Pan Jamaica Group Limited.
Mr. Eric Scott has been appointed Deputy Chief Financial Officer of Pan Jamaica Group Limited.
Ms. Simone Pearson has been appointed General Counsel of Pan Jamaica Group Limited.

Appointments to the Board of Directors
PanJam has appointed Mr. Jeffrey Hall, CD to PanJam’s Board of Directors. He will also serve as Executive Vice Chairman of the Board.
Mr. Alan Buckland and Mr. Charles Johnston, CD have also been appointed to the Board of Directors.

Sagicor Group Strengthens Senior Leadership As Joanna Banks and Tracy-Ann Spence Joins Team

The Board of Directors of Carreras Limited (CAR) is pleased to inform of the appointment of Mr. Andres Lorenzo as a Director of the Board, with effect from April 24, 2023. Mr. Lorenzo is a seasoned finance professional with over 15 years’ experience working with the British American Tobacco Group where he progressed through various and varied finance roles in multiple markets. He is currently the Finance Director for the LATAM North & Caribbean Area and has held prior roles in the US, UK, Chile and Argentinian markets.

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 effective February 9, 2023. 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.

Kingston Wharves Limited is pleased to announce key management appointments. Rodrigo Olea has been appointed Chief Operations Officer, Terminal Division and Valrie Campbell has been appointed General Manager for Group Operations. The latest assignments are geared at positioning the company for its next phase of growth, CEO Mark Williams said.

JMMB Group Limited advises that Mr. Peter Thompson has been promoted to the role Group Chief Client Investment Officer effective April 1, 2023. In this role, Mr Thompson will lead the design and oversee the implementation of the Group Client Managed Portfolio framework, to facilitate the consistent optimization of returns on the portfolios for all off-balance sheet portfolios, across the JMMB Group of companies.

Founder and Chairman of the Board of Directors of Manpower & Maintenance Services Limited Group (MMS) M. Audrey Stewart-Hinchcliffe, has
announced the appointment of Mr. Don A. Gittens as of Monday, March 27, 2023, as the new Chief Executive Officer (CEO) of the Group. Mr. Gittens, “a seasoned management professional,” who comes to the post from JAMPRO where he served for over six years as Manager, Logistics, Energy, Infrastructure and Emerging Sectors, succeeds Mrs. Stewart-Hinchcliffe who has retired from the CEO’s position that she occupied for close to 33 years. A trained project manager and mediator, Mr. Gittens holds a Bachelor of Science degree in Hotel Management from the University of the West Indies and a Masters in Telecommunications from the State University of New York: Institute of Technology. He is also certified in Strategic Investment Promotion, Public Speaking and Sales Techniques. Mr. Gittens brings to MMS over 20 years’ experience in the areas of business development, strategic planning, international investment and trade negotiations, policy development, strategic marketing, client relationship management, consultative and technology sales, as well as financial analysis. He has represented Jamaica at the highest level, including as a team member for the United Nation’s project on the Development of Financial Investment for Sustainable Infrastructure Projects towards the Sustainable Development Goals. A past president of the Kiwanis Club of Downtown Kingston he was also a distinguished Lieutenant Governor in the Kiwanis International movement.

Jamaica Producers Group (‘JP’) announces that with effect from April 1, 2023, Dr. Swee Chua and Mr Stephen Facey, CD have been appointed to the Board of Directors of JP.

Swee Chua, D. Phil is Country Head of HGS Jamaica, a business process outsourcing firm with over 1,500 employees operating in Jamaica. As Country Head, Dr. Chua has overall responsibility for the operational performance of the accounts in Jamaica as well as the supporting shared services functions of the enterprise. Dr. Chua holds a doctorate in Economics from the University of Oxford in the UK and has over 20 years’ experience in the private and public sectors as well as academic research. Prior to joining the BPO sector, Dr. Chua worked in the utilities, consulting, insurance and regulatory sectors. Over the course of her career, Dr.
Chua has served as Vice President of Jamaica Public Service (where she had management responsibility for commercial operations and internal shared services). She has also served as Economist and Senior Economist at OXERA UK, one of Europe’s foremost economics consultancies.

Stephen B. Facey, CD, BA, M. Arch. has over 40 years of experience in architecture, real estate development and management, and private equity investing. An architect by training, Mr. Facey holds a BA in Architecture from Rice University and a Master of Architecture from the University of Pennsylvania. He is Chairman of Jamaica Property Company Limited, Kingston Restoration Company Limited, the New Kingston Civic Association and the C.B. Facey Foundation, which is the charitable arm of PanJam Investment Limited. Mr. Facey is also the Chairman of the Caribbean Policy Research Institute. He is a Director of Sagicor Financial Company Limited, Sagicor Group Jamaica Limited and the National Gallery of Jamaica.

About JP
Jamaica Producers Group Limited (‘JP’) is a Jamaica-based, multinational investment holding company. JP holds a 34.5% interest in the Pan Jamaica Group and is its largest shareholder.

Pan Jamaica Group, in turn acquires, holds and manages market leading business interests in Property and Infrastructure, Financial Services, Global Services and Specialty Food and Drink. The Property and Infrastructure and Financial Services interests of the Pan Jamaica Group have their primary footprint in the Caribbean. The Property and Infrastructure portfolio includes offices, retail, hotels and other commercial real estate. The Financial Services interests include banking and insurance. The Global Services Group includes shipping and logistics, tourism and attractions, and business process outsourcing interests that have a Caribbean nexus but serve a global client base. The Specialty Food and Drink Group has food manufacturing and agri-business operations in Europe and the Americas.

JP has been in business for over 90 years and is listed on the Jamaica Stock Exchange.