Special Advisory: Sagicor Group Jamaica Limited (SJ) 

July 24, 2020

Sagicor Group Jamaica Limited (SJ) has advised that the Company will be making strategic changes in its investment management operations through the restructure of Sagicor Investments Jamaica Limited (SIJL) effective July 31, 2020. Consequently, the position of Executive Vice President and Chief Executive Officer of SIJL, previously held by Mr. Kevin Donaldson, will no longer be reflected in the company’s organizational structure. With this reorganization, a new position of General Manager will be created and Mrs. Tara Nunes, who currently holds the position of Vice President, Wealth Management and Client Services, will be appointed responsible officer for the Company and adopt the title, General Manager, effective August 3, 2020. She will have overall day to day management responsibility of the Company and report directly to the Group President & CEO, Mr Christopher Zacca.

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research analyst in this research report.

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.

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