Congrats on your golden anniversary! Newly appointed head of the Bank of Jamaica, Richard Byles (right), congratulates founder and chairman of the ICWI Group, Dennis Lalor, OJ, at ICWI’s 50th anniversary celebration, held at the Devon House East Lawn on June 15. A number of top-ranking business leaders from the
IAJ News Bulletin for the period November 2018 to May 2019 has numerous interesting and informative features highlighting activities in the Insurance Industry. NEWS BULLETIN NOVEMBER 2018 TO MAY 2019 ADJUSTED JUNE 17
Sagicor Investments Jamaica Limited will seek to raise up to $4 billion in an initial public offering of shares in Sagicor Select Funds Limited, a pool of funds that track financial stocks on the Jamaica Stock Exchange. The IPO which opens July 3 and closes July 17 will offer 2.5
Four years into his role as CEO of Seprod Limited and an equal number of years of campaigning to push growth in Jamaica’s agriculture sector, it was a moment of “mixed emotions” for Richard Pandohie, who has been appointed the new president of the Jamaica Manufacturing and Exporters Association (JMEA).
Sagicor Investments Jamaica Limited is buying a 60 per cent stake in Advantage General Insurance Company from rival NCB Capital Markets Limited. NCB Capital is also disposing of the rest of the shares it holds in Advantage to two other players. The deal is worth US$50.5 million ($6.59 billion). Resource
Credit Unions worldwide operate on the philosophy of “People Helping People”. In a nutshell, they exist to serve their members through the mobilisation of collective savings and making loans to members. These members have shared interests and a common bond. The bond is usually established through being a member of
Writer's Note - Last week in my first of two articles, I explained what is a divided and how are dividends paid? This week in part two, I explore why are dividends paid and give further details. WHEN ARE DIVIDENDS PAID? Dividends are paid out on a schedule that
The IAJ welcomes the appointment of Richard Byles as Governor of the Bank of Jamaica. Mr Byles has an outstanding career spanning both Public and Private Sectors. He had an excellent track record as CEO of Sagicor Life leading it to a dominant position in the Life Insurance Industry
The financial and business communities have firmly endorsed the appointment of accomplished corporate leader Richard Byles as the new central bank governor, pointing to his successes in the private sector and leadership of the Economic Programme Oversight Committee (EPOC), which monitored Jamaica's performance under its agreement with the International Monetary
Sagicor Investments Jamaica Limited intends to create a fund seeded with well over $1 billion that will finance infrastructure projects. The fund, which the brokerage plans to list on the Jamaica Stock Exchange, JSE, will invest in both new and established developments while working with partners in the construction and
