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Jamaica’s Unemployment Rate Fell To A New Record Low Of 6.2 Per Cent In January 2022.



This, according to the Statistical Institute of Jamaica (STATIN) Labour Force Survey for the month, is a 0.9 percentage point lower than the figure recorded in October 2021.

It is also 2.6 percentage points below the out-turn for the January 2021 Survey, Director General, Carol Coy, has said.

She was speaking during STATIN’s digital quarterly media briefing, on Thursday (April 21).

Ms. Coy informed that the male unemployment rate decreased from 7.6 per cent to 4.8 per cent, while the female equivalent declined by 2.5 percentage points to 7.9 per cent.

She also advised that the youth unemployment rate fell by 5.1 percentage points to 17.7 per cent for the review period, relative to January 2021.

The Director General pointed out that the male and female out-turns decreased by approximately five per cent, with the latter recording the larger decline.

“Male youth unemployment was 14.5 per cent, while for the females, it was 21.8 per cent,” she indicated.

Meanwhile, the overall number of individuals employed in January 2022 rose by 4.8 per cent or 57,800 persons to 1,257,100, compared to the corresponding period last year.

Ms. Coy said females recorded the larger increase – 5.5 per cent – compared to 4.3 per cent for their male counterparts.

She indicated that the overall labour force climbed by 24,800 persons, or 1.9 per cent, to 1,340,600 in January.

“There was a larger increase of females in the labour force. While the male labour force increased by 9,200 persons to 721,400, the female labour force increased by 15,600 persons to 619,200. The increase in females represented 62.9 per cent of the total increase,” Ms. Coy pointed out.

Meanwhile, the number of persons classified as being outside the labour force (neither employed nor unemployed) stood at 755,600 in January.

“Males outside the labour force declined by 8,000, while females declined by 14,400,” Ms. Coy told journalists.

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Businessuite News24

Corporate Movements – May 2024



GraceKennedy Limited (GK) has announced the resignation of Mrs. Patsy Latchman-Atterbury as Managing Director of GK Capital Management Limited and consequently from the Board of Directors of GK Capital Management Limited, effective May 22, 2024. Mr. Kareem Tomlinson has been appointed as Managing Director of GK Capital Management Limited and as a Director of the Company, effective May 22, 2024. Mr. Tomlinson is a Chartered Financial Analyst with over a decade of experience working in the Jamaican financial sector. He is also the Managing Director of GK Investments Limited.

Stationery & Office Supplies Ltd (SOS) is pleased to announce that at its board meeting held on May 16, 2024, the appointment of Mr. John Hudson as an independent director of the company. Mr. Hudson will join the board of directors as well as be a member of SOS’s remuneration and corporate governance committee’s and will chair the audit committee.

Access Financial Services Limited (AFS) is pleased to announce the appointment of Mr. Johann Heaven as a Non-Executive Non-Independent Director. This following a previous announcement on March 18, 2024, regarding Mrs. Nerisha Davis-Farquharson’s resignation from the Board of Directors,

Key Insurance Company Limited advises that Mr. Adrian McBean has been appointed to the position of Chief Financial Officer effective April 22, 2024. With over 15 years in the financial sector as an accounting and finance professional, Mr. McBean brings a wealth of experience to this role.

Image Plus Consultants Limited (IMAGE) announces the appointment of Dr. Wendy-Gaye Thomas to the post of Chief Operating Officer, effective June 3, 2024. Dr. Thomas brings a wealth of experience and a stellar track record in healthcare management. Dr. Thomas graduated Magna Cum Laude from Universidad Central del Este. In her prior roles, she was responsible for driving profitability by delivering growth in food safety audit services and other medical technical services. Dr. Thomas is an author and speaker on public health issues. Her appointment is expected to enhance the company’s operational capabilities and drive efficiency to deliver stronger net profit margins.

The Management of Radio Jamaica Limited (RJL), the parent company in the RJRGLEANER Communications Group, today advised the Board of directors that the current Chief Financial Officer (CFO), Andrea Messam has opted to proceed on early retirement at the end of December 2024.

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Corporate Movements

Corporate Movements – April 2024



Wigton Windfarm Limited (“WIG” or the “Company”) has announced the following organisational changes and appointments effective May 6, 2024:

The position of Chief Executive Officer will be established, and Mr. Gary Barrow will be appointed thereto as the executive head of the Company.
The position of Deputy Chief Executive Officer will be established, and Miss Michelle Chin Lenn will be appointed thereto. The position of Head of Energy which was held by Miss Michelle Chin Lenn will be dispensed with.
The Board of Directors of WIG is of the view that the aforementioned changes, and specifically the appointment of Mr. Gary Barrow following a successful recruitment process, will further allow the Company to fully realize its vision of being a profitable, regional conglomerate with successful clean energy and other investments. Mr. Barrow also takes the lead at an exciting time for WIG, leading the charge for new investments to deliver a more diversified energy portfolio and growth agenda. Mr. Barrow has demonstrated exceptional leadership for over thirty (30) years in highly relevant c-suite roles in telecommunications and electricity in the region. In addition to his industry know-how and business experience, his multi-disciplinary background in Engineering, Finance, Technology, Innovation, Business Transformation, Process Re-Engineering, Governance and People Management will allow him to hit the ground running at WIG. In his last appointment at the Jamaica Public Service Company Limited, as the Chief Operating Officer, he led enterprise-wide strategic planning and he executed some of the game-changing projects in their digital transformation and other business innovations. His past successes included smart meters and grid modernization projects. Mr. Barrow holds a Bachelor of Science in Electrical Engineering, a Master of Business Administration and has completed global leadership development programmes with INSEAD in France, United Kingdom, China, Spain and USA.

Management changes at VM Investments Limited & VM Wealth Management Limited: In our continued drive to deliver customer-focused experiences to our clients, VM Investments Limited (VMIL) introduced the role of Vice President – Operations. This role will oversee Corporate Planning, Corporate Governance, the Research Unit, Internal Controls, Business Transformation and Core Operations. Allison Mais joined the team in this capacity in February and will work to plan, direct, coordinate, and oversee operational activities of VM Wealth Management (VMWM)/VMIL and ensure the development and implementation of efficient operations and cost-effective systems. Allison previously worked at GraceKennedy as Head, Strategic Planning where she was responsible for the Group’s Strategic Plan and the monitoring of the Group’s areas of focus and KPIs, leading the Corporate Planning Unit and executing retreats and investor briefings. Prior to this, Allison was the Head, Digital Strategy, GraceKennedy Financial Group and Assistant Vice President, Strategy and Project Management Office, First Global Bank. She holds a Master of Science in Manufacturing, Management & Information Systems from Cranfield University, UK and a Bachelor of Science in Computing and Information Technology from the University of Technology. VMIL also wishes to advise that Mr Jason Bailey, who held the post of Manager, Risk and Compliance, of VMIL and VM Wealth Management Limited resigned from the company effective January 22, 2024. We thank Jason for his service and contribution to the VMIL Group and wish him great success in his future endeavours.

At the Radio Jamaica Limited Board of Directors meeting of April 25,2024, the Board passed a resolution to appoint Dr. David McBean as a director of the company, effective 25 April, 2024.

Consequent upon the reorganization of the Mayberry Group of Companies, this letter serves to advise of the Directors and Company Secretary of Mayberry Group Ltd. Note that Mayberry Group Ltd, a company incorporated under the laws of Saint Lucia, was listed on the Jamaica Stock Exchange on December 13, 2023.

The current Listing of Directors, appointed on September 6, 2023, are as follows:

1. Christopher Berry

2. Konrad Berry

3. Gary Peart

4. Richard Surage

5. Gladstone Lewars

6. Alok Jain

7. Erwin Angus

8. Walter Scott

The Corporate Secretary of Mayberry Group Ltd is FinSec Limited, appointed on November 15, 2022.

Justin Nam has resigned as Eppley’s General Manager to pursue other interests after nearly a decade at the company. His resignation is effective May 31, 2024, and he will coordinate with Raymond and Jeffrey to facilitate a smooth transition.

Raymond Donaldson to join Eppley as CEO

Raymond Donaldson will serve as the Chief Executive Officer of Eppley Limited (Eppley) effective May 3, 2024.

“Raymond has extensive leadership experience in financial markets across the Caribbean and a track record of scaling regional businesses. He has consistently demonstrated the ability to lead high performing teams and deliver results. We are delighted that Raymond will be joining Eppley.” said P.B. Scott, Chairman of Eppley.

Jeffrey Brown will also join Eppley on May 3, 2024, as Chief Investment Officer and will work closely with Denise Gallimore, VP of Real Estate and Samantha Summerbell, AVP Credit to grow and expand Eppley’s investment efforts.

Justin Nam has resigned as Eppley’s General Manager to pursue other interests after nearly a decade at the company. His resignation is effective May 31, 2024, and he will coordinate with Raymond and Jeffrey to facilitate a smooth transition.

“Justin has been an integral part of developing Eppley into the leading regional investment firm it is today contributing to the growth of our credit, mezzanine, infrastructure and real estate portfolios across the Caribbean. As an Eppley alumnus, we wish him well in his future endeavours.” said Nicholas Scott, Vice Chairman of Eppley. “I’ve worked closely for many years with both Raymond and Jeffrey. I know they share Eppley’s investment philosophy and I’m confident that they will continue our proud track record and build our business.”

“Eppley is a pioneer in private market investing in the Caribbean and one of the most respected investment firms in our region known for the caliber of its team, its financial performance and its integrity. I plan to lead Eppley guided by its founding principles for benefit of our team, our clients and our shareholders.” said Raymond Donaldson, Eppley’s incoming Chief Executive Officer.

Raymond Donaldson has a 20-year career in banking and finance in Jamaica, the Bahamas and the wider Caribbean. Most recently, Mr. Donaldson was Vice President Corporate and Commercial Banking at National Commercial Bank. Prior to that Mr. Donaldson served as Director of Corporate and Investment Banking in the Bahamas and Turks and Caicos at CIBC FirstCaribbean.

Jeffrey Brown has held executive roles in banking in Jamaica and Barbados, mostly recently as Head of Loan Structuring and Syndications at National Commercial Bank and previously at CIBC FirstCaribbean, Scotiabank and PricewaterhouseCoopers.

Tropical Battery Company Limited (TROPICAL) has renamed certain posts within the organisation. The Company hereby notifies that the members of the management team, including recent changes and senior management of subsidiaries, are as follows:

Alexander Melville Chief Executive Officer

Alexander Melville, who held the post of Managing Director, has been appointed as CEO effective March 1, 2024. He remains a Director on the. Board of Directors. He has been with Tropical Battery since April 1, 1996 including as Managing Director and has more than 26 years of industry work experience in the Automotive/Battery Business. The experience ranges from warehouse hand, receivables clerk, finance director, to his current role. The highlights during this time would be the transition to real-time sales accounting for all of our retail stores, restructuring shareholder equity with significant investment from our parent company, and helping to put the right people in the right seats, then inspiring and motivating them to achieve growth rates significantly above our industry growth rates. Alexander, also sits on the Board of Eppley Limited, a finance and investment company listed on the JSE, and is on the Audit and Remuneration Committees of that company. Additionally, on Chukka Group Boards; Diverze Assets Inc., Diverze Properties, and as the Treasury Director of Chukka Caribbean Adventures Ltd (a regional Nature Adventure Tour Company).

Daniel Melville Chief Operating Officer

Daniel Melville, who held the post of Deputy Managing Director, has been appointed as Chief Operating Officer effective March 1, 2024. On May 19, 2004, Daniel took-up the role as the VP Sales & Marketing at Tropical Battery, where his skills allowed him to lead the sales Team and execute successful customer service strategies. Since taking over this role the sales have grown by more than 15% annually on average. He teams up with all department heads to brainstorm, motivate and inspire our fellow employees, while overseeing business operations. In June 2021 he was promoted to Deputy Managing Director. Daniel is also a board member, and his mandate is to ensure that Tropical Battery is constantly moving towards fulfilment of its short-term and long-term goals and does not diverge from its strategic plan. Before Tropical Battery, he worked for over 14 years at the Chukka Group. Both on the operating side and the marketing team. Prior to joining same, he worked with Carnival Cruise Lines which helped him to gain a unique understanding of visitors’ vacation preferences and needs.

Reshando Mais Chief Financial Controller

Reshando Mais, who held the post of Financial Controller, has been appointed as Chief Financial Officer, effective March 1, 2024. Reshando joined Tropical Battery Company Limited on June 29, 2017, in the capacity of Financial Controller. He is responsible for the accounting and financial operations of the Company which includes, generating and reporting periodic financial statements in accordance with International Financial Reporting Standards. He is a graduate of Northern Caribbean University and University of the Commonwealth Caribbean, where he obtained a Bachelor of Science Degree in Business Administration with emphasis in Accounting and a Commonwealth Executive Master of Business Administration respectively. He has over 10 years of experience in accounting, external audit real estate industry and merchandising.

David Walton Chief Marketing Officer

David Walton, who held the post of Director of Sales and Marketing, has been appointed as Chief Marketing Officer effective March 1, 2024. David joined our Management Team on August 9, 2021 in the capacity of Director of Sales & Marketing. David is an innovative commercial leader with a background in both Sales & Marketing. With over 20 years of experience as a team lead for commercially successful brands, in the alcoholic beverage and FMCG industries, as well as entrepreneurial ventures in the Entertainment & Hospitality Industry, David has consistently built brands and delivered commercial results.

Stacy–Ann Spence Operations Manager

Stacy-Ann has been a part of the Tropical Battery family since November 9, 2015. Her portfolio includes direct oversight of our warehouse distribution, Battery Recycling & Export coordination, Occupational Health & Safety, Corporate Social Responsibility, Administration & Maintenance Management and overall general operations. Stacy-Ann graduated from the University of the West Indies with honors in 2012 with a Bachelor of Science Degree in Labour & Employment Relations.

Sandra Russell Talent Manager

Sandra Russell, who held the post of Human Resource Manager, has been appointed as Talent Manager. Sandra joined our management team on January 14, 2019, in the capacity of Human Resource Manager. She studied at both local and overseas institutions where she now holds a Bachelor of Science degree in Human Resource Management from Madison University, USA., and a Diploma in Personnel Management & Industrial Relation from IMP. Mrs. Russell has twenty-four (24) years of management experience in the private sector namely Lasco Distributors Limited. She also served in the Banking and Public Sector as well.

Kamesha Robinson Corporate Governance Administrator

Kamesha Robinson has been appointed as Corporate Governance Administrator effective February 2, 2023. Kamesha joined the Tropical Battery family on March 1, 2010. She oversees the Administration Department and provides comprehensive support to the Board of Directors. With over 16 years’ experience in the telecommunications, retail and automotive industries, she comes with high-quality administrative skills and solid general business knowledge. Prior to Tropical Battery, she worked at Mossel Jamaica Ltd. (Digicel) in the areas of Customer Service and Site Acquisition. She graduated with honors from Kirkwood Community College, Cedar Rapids, Iowa in 2000 with an Associate of Applied Science Degree in Marketing and a Diploma in Business Administration.

Jeffrey Brown Information Technology Manager

Jeffrey Brown was appointed as Information Technology Manager in February 2023. He is a seasoned IT professional with over 18 years of experience in managing and maintaining complex network infrastructure, hardware, and software systems. Throughout his career, he has demonstrated a strong ability to support and optimize operations for a variety of organizations in Jamaica. Jeffrey has been with Tropical Battery since February 27, 2023, he oversees the entire IT infrastructure, administers LAN and wireless (WAN) networks, and leads project management initiatives. Jeffrey’s career trajectory demonstrates a deep dedication to the IT field. He has consistently developed his skills and taken on increasingly complex roles, showcasing his ability to adapt and thrive in different environments. With his comprehensive knowledge, technical expertise, and leadership qualities, Jeffrey Brown is a valuable asset to any organization requiring a reliable and efficient IT manager.

Orane Gray Consultant IT

Effective February 2023, Orane Gray is no longer part of the senior management team but remains a consultant to the Company for information technology. Orane Gray perviously served as Information Technology Manager.

Oliver Hill CEO, Tropical Renewable Energy, Tropical Mobility and Tropical Finance

Oliver Hill is CEO of Tropical Renewable Energy, Tropical Mobility and Tropical Finance, majority-owned subsidiaries established in 2022. Oliver joined Tropical Battery on October 4, 2021. The subsidiaries aims to facilitate the transition to sustainable energy and transport. Oliver brings nearly two decades of experience in mergers and acquisitions intelligence and consulting across Latin America and the Caribbean. Prior to joining Tropical Battery, he worked as a consultant with the Inter-American Development Bank, where he supported the energy, water, and state modernization portfolios. Oliver holds a Bachelor of Science from Cornell University and a Master of Science from Columbia University.

Karina Chez CEO, Kaya Energy Group

Mrs. Karina Chez brings extensive business management and international trade experience to the KAYA team. Karina has been a part of the team since April 1, 2019. She is a strategic visionary driving the company’s growth into the future. Karina is a sought-after international speaker who has presented on topics including solar energy, entrepreneurship, women’s leadership, and climate change. She has a broad business network relevant to KAYA’s growth, including serving as the founding President of ASOFER, the Dominican Republic’s renewable energy association; a former president and board member Entrepreneurs’ Organization; a former Board Member of AIRD; and the Chapter Director of Startup Grind. Prior to KAYA, Karina founded The Chess Group, a digital marketing firm based in Dubai and New York, and served as a marketing executive in the Middle East and North America for JumpTV. Karina received an MBA from Pace University and a Master of International Affairs from Columbia University.

Andrew Cramer COO, Kaya Energy Group

Mr. Andrew Cramer is a cofounder and COO of KAYA and oversees project development and implementation processes. He is a frequent speaker at regional energy and technology conferences – including the MIT Technology Review’s EmTech and the Caribbean Renewable Energy Forum – on topics including the role disruptive technologies like machine learning will play in the renewable energy industry. Prior to KAYA, Andrew worked with the United Nations as a post-conflict electoral consultant in countries including Timor-Leste, Nepal, Sudan, Comoros, Afghanistan and Libya. In 2017, Andrew was selected to be among 90 thought leaders from around the world to participate in a program – funded by Google and based on the NASA Ames Research Facility in Silicon Valley – to examine how exponential technologies can be leveraged to address the negative impacts of climate change. Andrew has a degree in Environmental Sciences from Loyola University Chicago and a Master of International Affairs from Columbia University.

Chris Wunderlich Chief Executive Officer, Rose Electronics Distributing Co.

Chris Wunderlich was appointed the CEO of Rose Electronics Distributing effective January 30, 2024. Chris possesses a solid background in operations and engineering. His tenure in previous roles has been distinguished by significant enhancements in manufacturing processes and operational efficiency. Emphasizing talent development and continuous improvement in his leadership style, Chris aligns well with Tropical Battery’s vision for the company. His strategic approach in empowering teams to solve complex challenges and his commitment to refining operational systems position him as a key leader, ready to drive Rose Electronics towards a future of innovation and success.

Tim Gray Director of Business Intelligence & Accounting, Rose Electronics Distributing Co.

Tim Gray continues bringing a rich tapestry of experience that blends military discipline with business acumen. His nine-year tenure in the US Marine Corps, marked by leadership in high-pressure environments, laid a foundation for his subsequent success in the business world. With a Bachelor’s in Managerial Economics from UC Davis, Tim has rapidly ascended in the finance and accounting sectors, demonstrating a profound ability to navigate complex challenges and implement strategic solutions. As Director of Business Intelligence and Accounting, Tim’s forward-thinking approach and commitment to excellence will be instrumental in driving Rose’s growth and innovation in the evolving landscape of battery technology.

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Corporate Movements

Corporate Movements – March 2024



The Jamaica Stock Exchange (JSE) has advised that the Board of the Jamaica Stock Exchange, at its Board Meeting held on March 27, 2024 appointed Mr. Steven Gooden as an Independent Director effective March 27, 2024.

Sagicor Real Estate X Fund Limited (SREF) has advised that Mr. Howard Mitchell has been appointed as Chairman of the Board of Directors of SREF effective March 1, 2024.

NCB Financial Group Limited is pleased to announce the appointment of Howard L. Shearer to the Board of Directors effective March 13, 2024. Mr. Shearer currently serves as the Chief Executive of Hitachi Canada and brings to the Board expertise in strategy, corporate governance, regulatory compliance, emerging technologies and enterprise risk management across multiple business domains. Mr. Shearer holds a Bachelor of Engineering (BEng) degree, a Global Professional Master of Laws (GPLLM) degree and is a distinguished Fellow of the Canadian Academy of Engineering (FCAE).

Productive Business Solutions Limited wish to inform you that at a meeting of the Board of Directors held on February 28, 2024, Mr. Brian Wynter was appointed as Chairman of the Audit Committee.

Wigton Windfarm Limited (WIG) has advised that Mr. Earlington Barrett, Managing Director of WIG, will be demitting office effective March 31, 2024. The Board of Directors of WIG thanks Mr. Barrett for his stewardship of the Company and his contribution to its successful operations over the years.

The process of recruiting a new Managing Director is underway. Interim measures for the continued leadership and operational oversight of the business have been implemented and Miss Michelle Chin Lenn, the current Head of Energy of WIG, will serve as Acting Managing Director until the aforementioned recruitment process is completed.

The Board of One on One Educational Services Limited wishes to advise that at a Board of Directors meeting held on February 29, 2024 Miss Atasha Bernard was appointed as a Director of the Board. Miss Bernard was also appointed to the Audit Committee of the Board and will be the Chairperson for that committee.

The Board of One on One Educational Services Limited wishes to advise that Dr. Carol Grantson-Corcho resigned as Audit Chairperson from the Audit Committee and will continue to serve as a board member of the Committee.

The Board of Productive Business Solutions Limited wishes to advise that at a Board of Directors meeting held on March 7, 2024 Mr. Nicholas Scott was appointed as a Director of the Board.

Caribbean Assurance Brokers Limited wishes to advise that Mr. Damion White has joined us in the position of Senior Manager, General Insurance effective March 1, 2024. Caribbean Assurance Brokers Limited would like to take this opportunity to wish Mr. White all the best in his capacity within our organization.

JMMB GL wishes to advise that Mrs. Nerisha Farquharson will be appointed to the board of directors of JMMB Group Limited, effective April 2, 2024. Mrs. Farquharson is a Chartered Financial Analyst (CFA) with extensive experience and knowledge in private markets, financial risk, trading, portfolio and treasury management, investment and corporate strategy formulation and value chain optimization.

Guardian Holdings Limited (“GHL”) wishes to advise that Ms. Keesha Sahadeo accepted the appointment as Group Chief Financial Officer (“CFO”) of GHL on 25th February, 2024, which shall become effective on 1st May, 2024. The incumbent Group CFO, Ms. Samanta Saugh, will transition to the role of President of Guardian Life of The Caribbean Limited effective 1st June, 2024. We are pleased to welcome Ms. Sahadeo to Guardian Holdings Limited.


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Corporate Movements

Corporate Movements – February 2024



The Board of Directors of Fontana Limited is pleased to announce the appointment of Independent Director, Larren Peart, to the Audit & Compensation Committees effective Friday, February 9, 2024.

Tropical Battery Company Limited is pleased to announce the appointment of Mr. Itamar Frankenthal and Mr. Andrew Cramer as new directors to the Board of Tropical Battery Company Limited, effective February 12, 2024.

Mr. Itamar Frankenthal is a distinguished professional with a multifaceted career spanning engineering, entrepreneurship, and academia. He holds a B.S. in Electrical Engineering from the City University of New York where he led his team to win the capstone robotics competition and graduated summa cum laude. He also holds an M.B.A. from Harvard Business School where he graduated with EC Honors.

Mr. Andrew Cramer is a co-founder and COO of KAYA and oversees project development and implementation processes. He is a frequent speaker at regional energy and technology conferences – including the MIT Technology Review’s EmTech and the Caribbean Renewable Energy Forum – on topics including the role disruptive technologies like machine learning will play in the renewable energy industry.

NCB Financial Group Limited (NCBFG) announces the following board and executive leadership developments:

Management Team: Mr Robert Almeida, previously announced as Interim Group Chief Executive Officer of NCBFG, has been formally appointed Group Chief Executive Officer effective February 9, 2024.

Board of Directors: (1) Messrs Bruce Bowen and Gary Brown were elected to NCBFG’s Board of Directors at the Annual General Meeting (AGM) held on February 9, 2024.

(2) Professor the Hon. Alvin Wint, OJ, CD, retired from the Board of Directors at the AGM as he did not offer himself for re-election.

Professor Wint’s retirement does not relate to any disagreement regarding financial statement disclosures, accounting principles or practices, or any matter impacting the Audit Committee, which he had chaired, or his ability to execute his functions delegated by the Board. The Board of Directors, management and staff of the NCB Financial Group are grateful to Professor Wint for his stewardship and commitment to excellence over the years and wish him every success in his future endeavours.

MASSY HOLDINGS LTD. Board wishes to advise that Mr. E. Gervase Warner, President and Group Chief Executive Officer, has undertaken to proceed on early retirement from the Company and retire from its Board of Directors effective April 06, 2024. The Board is also pleased to advise that Mr. David Alfonso, Executive Vice President and Executive Chairman Integrated Retail Portfolio, will replace Mr. Warner as President and Group Chief Executive Officer effective April 06, 2024, while continuing in his current role. The Chairman and the Board of Directors would like to thank Mr. Warner for his many years of dedicated service to the Group.

GraceKennedy Limited has advised that Mr Jason Bailey has been appointed to the position of Head of Risk, effective February 1 , 2024.
Prior to joining GraceKennedy, Mr. Bailey served as Manager, Risk & Compliance at VM Wealth Management Limited; and Manager, Enterprise Risk Management, Strategic & Operational Risks at Sagicor Group Jamaica Limited. Mr Bailey holds an MSc in Enterprise Risk Management and a BSc in Mathematics, with an emphasis on Actuarial Science. In his new role, Mr. Bailey will report to the Group Chief Compliance Officer & Senior Legal Counsel.

Seprod Limited (SEP) announces that Mr. Euton Cummings joined the Seprod Group as Chief Strategy Officer–Human Capital effective January 1, 2024. Mr. Cummings holds a B.Sc. in Accounting and Management Studies and a M.Sc. in Computer Based Management System. He has more than 25 years of executive experience and comes to Seprod from a distinguished career in the banking sector. The Group welcomes Mr. Cummings and wish for him success in his new role.

Scotia Group Jamaica Limited announces the appointment of Dayne Bucknor to the role Director, Strategic and Business Analytics, Caribbean North & Central and Christopher Samuels to the role Regional Director, Jamaica Retail District B, both effective February 1, 2024.

Seprod Limited (SEP) informs that Dr. Patrick Sterling departed the Seprod Group as Group Human Resource and Industrial Relations Manager effective December 31, 2023. Dr. Sterling served the Group for over ten years and was responsible for several key developments in the human resource and industrial relations functions.

Caribbean Assurance Brokers Limited wishes to advise that effective January 31, 2024 Ms. Krystal Gayle, has transitioned from her position as Divisional Manager – International Insurance and has joined our third party claims administrator (loss adjuster) for International Health Insurance (ICHIP) in a more senior role. As a result, Ms. Judane Brissett has been promoted to Administrative Manager – International Insurance Division, effective February 1, 2024.

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



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.


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