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

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When Stephen Facey, then CEO and Chairman of PanJam Investment Limited, announced the appointment of Joanna Banks, its senior vice president of new business development and strategy, as CEO, he remarks included expressions of confidence in Banks’ ability to continue PanJam’s legacy of growing stakeholder value.

“Over the past five years, PanJam has benefited significantly from Joanna’s knowledge base and international experience. She has led a number of our recent investments and initiatives with passion and resilience, qualities necessary for the path ahead,”

Commenting on the appointment Banks said,  “Over the last 55 years, the company has grown into one of the largest and most well-respected publicly-listed entities in the Caribbean, through the hard work of our team. I joined PanJam because of its reputation for investing in Jamaica for Jamaicans. I will lead PanJam in line with that legacy, for the benefit of our shareholders, our team, our partners and the nation,”

Banks assumed the role of head of the investment holding company effective July 1, 2021. A little over a year later she is again kicking more holes in the proverbial glass ceiling making it wider and more accessible for other female executives.

Jamaican conglomerates Jamaica Producers Group Limited (JP) led by Jeffrey Hall and PanJam Investment Limited (PanJam) led by Stephen Facey announced recently that they will merge their operations creating the Pan Jamaica Group Limited. The transaction is expected to be completed within the first quarter of 2023 with both the renamed Pan Jamaica Group and JP remain listed on the main market of the Jamaica Stock Exchange.

At a date to be determined during the period January 1, 2024 and January 2, 2025, Jeffrey Hall will be appointed as Executive Chairman and cease to serve as CEO of Pan Jamaica Group.

When this happens Joanna Banks will be appointed as CEO for Pan Jamaica Group and will become the most powerful woman in corporate Jamaica and without doubt its youngest.

Until that date PanJam’s current CEO, Joanna Banks will hold the position of President of Pan Jamaica Group.

Businessuite has not yet secured an interview with Joanna Banks, but we’re keeping our fingers crossed for early in the new year.

As noted in another article the big question now is what is Hall’s next move, how far will he go and what’s his end game. Importantly what role will Banks play in his international game of Global Gamesmanship.

As also noted in an earlier article we suspect that Hall and Banks, will have their hands full for the next couple of years with Pan Jamaica Group.

So, who is Joanna Banks?

Joanna A. Banks, BSc., MBA, CFA joined PanJam’s Board of Directors in 2021. She joined the Company in 2016 and held the roles of Vice President and Senior Vice President of New Business Development and Strategy before her appointment to Chief Executive Officer in 2021.

Prior to joining the PanJam team, Ms. Banks worked at Exxon Mobil Corporation and Pan Caribbean Financial Services Limited (now Sagicor Investments Jamaica Limited) in roles focused on corporate finance, investor relations, pension fund management and strategy.

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.

Ms. Banks is a Director of Sagicor Life Jamaica Limited, Sagicor Investments Jamaica Limited, Jamaica Property Company Limited, Agostini’s Limited, Outsourcing Management Limited and Term Finance (Jamaica) Limited. She also serves as a Trustee of the C. B. Facey Foundation.

To be updated

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

 

PanJam Investment And Jamaica Producers Group Join Forces To Form Pan Jamaica Group

 

Where Will Pan Jamaica Group Rank On The Businessuite Caribbean Top 100?

Businessuite Women In Technology

Twitty-Ann Thomas, Executive Vice President Sales, Marketing & Client Care, Salus Technology Services Limited

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Twitty-Ann Thomas is an experienced CEO and sales expert with a demonstrated history of achieving fantastic revenue` growth through innovative thinking, sales operational optimization and empowerment. Twitty-Ann has over 15 years’ experience working in diverse business environments in the telecommunications, ICT and the physical security industries. Twitty-Ann previously managed sales operations at Digicel Group across 26 markets. She also led the DLM group, parent company of Hawkeye Jamaica Ltd and Ranger Security Ltd as General Manager for sales, marketing and customer care. She is skilled in sales operations, business strategy, value selling and customer engagement.

Twitty-Ann is the founder and CEO of ChannelPro Limited as well co-founder and Vice President of Salus Technology Services Limited

Salus Technology Services Ltd. (formerly Arodyne Technologies) was incorporated in June 2015. Salus is as a multifaceted organization encompassing over 80 years of combined IT skillset and expertise amongst our partners. We have first-hand experience in designing, implementing and managing complex ICT solutions both at the customer premise and the core network. We have installed and managed our customer’s IT infrastructure in many industries spanning from finance, hospitality, insurance, education, healthcare and the ports. We have also implemented and managed IT projects for our clients locally as well as overseas to include the United States, Trinidad and Barbados.

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

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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

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Businessuite Women In Technology

Melanie V. Wynter Managing Director Elizabeth Sloane LLC

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Melanie V. Wynter has 11 years of new business development, operations and emerging market management experience. Ms. Wynter was the driving force behind the global expansion of Elizabeth Sloane. She was the Deputy Managing Director of Elizabeth Sloane African operation: A global business management consulting firm that specializes in external affairs for international development companies, digital transformation for government, and business strategy for medium-sized companies within the Caribbean and West Africa.

She holds a Licentiate degree in Marine Navigation Technology from Nova Scotia Nautical Institute and a MSc. in Business Intelligence and Big Data from Universidad Isabel I, also a Baugh Fund Scholar. With Executive Education in Neuro-Linguistic Programming and Business Development.

Ms. Wynter serves on the board of Elizabeth Sloane LLC, Jamaica Rural Youth Foundation USA and is a member of the World Economic Global Shapers. Melanie is known for being a renown global speaker on entrepreneurship, STEAM education,digital transformation for operational efficiency, and spoken at seminars, and conferences in the Gambia, Dominican Republic, Texas, Jamaica and she also presented a Methodology for business management at TEDx.

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Businessuite Women In Technology

Narda Ventura Co-Founder and Chief Executive Officer at SkyBlue Transaction Solutions

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A self-described serial entrepreneur with the fire to capitalize on market gaps, Narda Ventura, Co-Founder and Chief Executive Officer at SkyBlue Transaction Solutions recounts that her company’s eZeePayments.com platform was driven by market research. This having pivoted from www.schoolfeepayments.com, what was meant to be a more accessible and more efficient way to pay school fees.

eZeePayments.com is a subsidiary of its parent company, SkyBlue Transactions Solutions, and is a licensed payment facilitator that operates using a customer to customer (C2C) and business to business (B2B) business model. The solution works by receiving and transferring funds to merchants and other customers, similar to Stripe and PayPal.

A Strategist, Leader, and Culture Builder, Narda notes that EzeePayments.com was developed in response to a growing demand for individuals, small, medium sized and established businesses that want to start processing online payments immediately.

Through EzeePayments.com she has created a solution with the sole purpose of facilitating quick and secure online payments from customers, and at the same time provide the simplest solution to accepting card payments in the shortest space of time.

The solution is primarily for micro, small, and medium enterprises (MSMEs) that want to engage in e-commerce but lack technical knowledge, such as a website that meets security payment requirements and operates within time and budgetary constraints.

A recent newspaper article described Narda Ventura as a woman in tech. She also describes herself as an aggressive entrepreneur who can solve problems for people who have similar challenges. Growth-oriented and unrelenting in her pursuits, Ventura also wants to make a significant impact in the FinTech space by providing solutions that serve the underbanked and help businesses scale.

She is also the managing director and founder of H2O Werx, which offers swimming lessons through her school Aquawerx, and trains competitive swimmers through the Viking Swim Club.

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Businessuite Women In Technology

Olivia Lindsay, Founder and Chief Executive Officer of 876 On The Go

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Being passionate about problem solving, taking intentional risks and getting big things done on time, Olivia Lindsay founded 876 On the Go. This company was established as a technology driven transportation and logistics solution business in 2017.

Ms. Lindsay combines over 15 years of experience in marketing, business development, strategic planning and leadership. Intrigued with educational excellence, Olivia holds a BSc in Management Studies with an emphasis in Marketing from Northern Caribbean University, and a MSc in Strategic Planning from Edinburgh Business School. She is now a Ph.D. Candidate at UNICAF University in Business Administration.

Olivia uses the latest cutting-edge technology that enables the public to book cabs and facilitates payments, thus eliminating the need for cash onboard. This platform provides greater security coverage for both the passengers and drivers but is tailored and driven by a Geographical Information System (GIS) that operates in a similar fashion as our esteemed North American Counterpart such as UBER. She says “Despite the obvious comparisons, we can proudly declare that our system is uniquely Jamaican.” 876 On the Go is preparing to join the Jamaica Stock Exchange and began international negotiations to expand to West Africa, Latin America, Europe and the Caribbean. In 2023 she launched the wheelchair and rental services.

Ms. Lindsay is happiest mentoring young entrepreneurs and advocating for road safety as VP of Jamaica Caribbean Youth Network for Road Safety. She was appointed a Board Director for UCC, Global Knowledge Process Solutions. This organization enables technology driven solutions that creates economic value. While serving as President of Caribbean Taxi Association, Olivia finds the time to be Director for Transport Operators Development Sustainable Services and Deputy Chair of the Board of Paramount Communications & Marketing, LLC in the USA.

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