Special Advisory: Sagicor Group Jamaica Limited (SJ)

Date: July 2, 2019

Sagicor Group Jamaica Limited (SJ) has advised that consequent upon the announced appointment of Mr. Richard Byles to the post of Governor of the Bank of Jamaica, Mr. Byles has resigned as Chairman and/or Director of SJ, its subsidiaries and all Board Committees as at June 30, 2019. SJ further advised that as an interim measure, Dr. the Hon. R.D Williams was appointed as Chairman to preside over the Company’s Annual General Meeting held on July 1, 2019 at 3:00 p.m. At a special Meeting of Directors held on July 1, 2019, Peter Melhado was appointed the Chairman of SJ effective July 2, 2019. Mr. Melhado was also appointed Director and Chairman of the following subsidiaries:

o Sagicor Life Jamaica;
o Sagicor Life of the Cayman Islands Ltd;

He will continue as a Director of Sagicor Bank Jamaica Limited but will demit office from the Board of Sagicor Investments Jamaica Limited.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

2019-07-02T20:46:15+00:00