lready having a presence in 13 markets across the Caribbean through its GK Life Insurance subsidiary, food and financial services group GraceKennedy is now positioning to enter at least two other territories.

CEO of the GK Group Don Wehby, in identifying Guyana and The Bahamas as the two territories, said they are now being considered among plans for the immediate future.

“Our life insurance acquisitions have been very successful and accretive and also cash-flow rich, so what we’re going to do now is to look at other markets. I’ve asked my team to look at Guyana and I’ve personally written to the regulators in that country to see if we can start a business there, and I know the management team is already looking at Bahamas,” he said during a virtually held investor briefing this week.