About Sagicor Group Jamaica

​Sagicor Group Jamaica is a full service financial institution offering banking, investments, life & health insurance, pensions, and real estate services, with an outstanding history and reputation for leading innovation.  We are committed to improving the lives of people in the communities in which we operate.

Sagicor Group Jamaica is a majority owned subsidiary of the Sagicor Financial Corporation (SFC). With a proud history dating back to 1840, SFC is a dynamic, indigenous Group which has been redefining financial services in the Caribbean, building a strong base from which it has expanded into the international financial services market. Sagicor now operates in 22 countries in the Caribbean, Latin America, and the United States. Sagicor Financial Corporation is listed on the Barbados and Trinidad and Tobago.

 

Sagicor Group Jamaica provides its clients with a comprehensive suite of financial solutions through the following companies:

  • Sagicor Life Jamaica Limited - Life and Health Insurance and Annuities
  • Sagicor Bank Jamaica Limited – Commercial Banking
  • Sagicor Investments Jamaica Limited – Investment Banking
  • Sagicor Property Services Limited- Property Management
  • Sagicor Pooled Invesment Funds Limited - Pension Fund Management
  • Sagicor Re Insurance (Cayman) Limited - Property and Casualty Insurance
  • Sagicor General Insurance (Cayman) Limited - Property Casualty and Health Insurance
  • Sagicor Insurance Managers Limited (Cayman) - Captives Management
  • Sagicor Life of the Cayman Islands Ltd - Life Insurance & Annuities
  • Employee Benefits Administrator Limited - Pension Administration
  • Sagicor Insurance Brokers Limited - Facultative Brokerage
  • Sagicor International Administrators Limited - Insurance Brokerage

Sagicor Group Jamaica Limited (SGJ)

The Board of Directors is responsible for the strategic direction of the company and is comprised of professionals from different cadres of the business community.

Other Board of Directors:

Board of Directors 

 


Richard O. Byles, BSc, MSc
Chairman

Mr Byles is the Chairman of Sagicor Group Jamaica Limited. Under his leadership the Group has evolved through a series of acquisitions, the most recent being the purchase of the banking operations of RBC Jamaica.

Prior to his tenure at Sagicor Group, Mr Byles was the President and CEO of Pan Jamaican Investment Trust Limited (Pan Jam) where he steered that group through a number of mergers, acquisitions and divestments. He successfully led Pan Jam's largest subsidiary; First Life Insurance Company Limited, through the financial crisis in the 1990's. He remains a Director of Pan Jam.

Mr Byles is also Board Chairman of the Sagicor Real Estate X-Fund and Desnoes and Geddes Limited, brewers of Red Stripe Beer as well as a Director of Sagicor Investments Jamaica Limited, Sagicor Life Jamaica Limited and, Sagicor Bank Jamaica Limited. He is a Vice President of the Private Sector Organization of Jamaica and Co-chairman of Jamaica's Economic Programme Oversight Committee (EPOC), which has oversight responsibility for the implementation of the current IMF Agreement with the Government of Jamaica. 

Mr Byles holds a BSc. in Economics from the University of the West Indies and a MSc. in National Development from the University of Bradford, England.

 

Christopher Zacca
President & CEO

Mr. Zacca is the President and Chief Executive Officer of Sagicor Group Jamaica Limited. He brings a wealth of business and management experience in both the public and private sectors spanning over three decades.

He is highly respected in the private sector where he has held senior management positions at Desnoes and Geddes, ATL Group, Air Jamaica Ltd. and serves as the President of the Private Sector Organization of Jamaica.

His track record in public sector service is equally impressive having served as special advisor to the Prime Minister from 2009-2011. He is a former Chairman of the Development Bank of Jamaica and the National Health Fund.

He has also served on numerous State boards including the Factories Corporation, National Education Trust and JAMPRO.

Mr. Zacca holds a MBA from the University of Florida and a B.Sc in Engineering from the Massachusetts Institute of Technology.

 


Dr. Dodridge D. Miller, FCCA, MBA, LLM
Director

Dr. Dodridge Miller is the President and Chief Executive Officer of the Sagicor Financial Corporation (SFC) since July 1, 2002. He is Chairman and a Director of many subsidiaries within the Sagicor group such as Sagicor Group Jamaica limited, Sagicor Bank Jamaica Limited, Sagicor Investments Limited and Sagicor Life Jamaica Limited.

 He is a UK trained Chartered Certified Accountant who holds a MBA in Finance and a Masters in Corporate and Commercial Law from the University of the West Indies. He is also a Director of Cable & Wireless (Barbados) Limited.

 

Stephen B. Facey, BA, M. Arch
Director

Mr Stephen Facey is the CEO of Pan Jamaican Investment Trust and a Director of Sagicor Group Jamaica Limited, Pan Jamaican Investment Trust Limited, First Jamaica Investments Limited, Hardware & Lumber Limited, and the Kingston Restoration Company Limited. 


Mr Facey is a graduate of Rice University and holds a Master of Science in Architecture from the University of Pennsylvania. He is President of the New Kingston Civic Association.

 

Mr Paul R. Hanworth, MA, MSc, ACA, CPA
Director

Mr Hanworth is the Chief Operating Officer of Pan-Jamaican Investment Trust Limited and an accountant and entrepreneur with over 30 years of international experience in financial and strategic leadership.

Mr Hanworth joined the Board of Directors in July 2008 and now serves as a Director for Sagicor Group Jamaica Limited and Sagicor Life Of Jamaica Limited. He is a member of both England’s Institute of Chartered Accountants and the USA’s American Institute of Certified Public Accountants, and holds an M.Sc. in Management from Hartford Graduate Centre and an M.A. (Hons) in Classics from Cambridge University.

 


Mr Peter Clarke
Director

Mr Clarke is a financial consultant, who was appointed to the Board of Sagicor Life Jamaica in October, 2012. He is a director of Sagicor Financial Corporation and several other companies with the Group, including Sagicor Life Inc., Sagicor Asset Management Trinidad and Tobago Ltd., Sagicor Group Jamaica Limited and Sagicor Investments Jamaica Limited. He is a former Chairman of the Trinidad and Tobago Stock Exchange and a former director of the Trinidad and Tobago Chamber of Industry and Commerce.

 He is the holder of a Bachelor of Arts degree in History from Yale University and a law degree from Downing College, Cambridge University.

 


Mr Paul A.B. Facey, B.Sc., MBA
Director

Mr Paul Facey is Vice President-Investments at Pan-Jamaican Investment Trust Limited.  He has a wide range of experience in banking, investment, manufacturing, retail and distribution. He is a Director of Sagicor Group Jamaica Limited, Sagicor Bank Jamaica Limited and Sagicor Investments Jamaica Limited

He holds a B.Sc. in Marketing and Management at the University of South Florida and a MBA in Finance from Florida International Business School.

 

Mrs Jacqueline D. Coke Lloyd
Director

Mrs Coke Lloyd serves as a Director of Sagicor Group Jamaica Limited and Sagicor Life Jamaica Limited. 

Mrs Coke Lloyd is the former Chief Executive Officer of the Jamaica Employers' Federation (JEF) where she served for 10 years. During her tenure she was influential in advocating and facilitating improvements in employer-employee relations and general productivity in the workplace. 

Before working with the JEF, she worked as Personnel, Internal Relations and Administration Manager with the Thermo-plastics Group of Companies and as an Officer of the National Investment bank of Jamaica (NIBJ).

Educated in Jamaica and Italy, she holds a BSc in Administrative Management, a Diploma in Human Resource Development and Certificates in Administrative Management and Management Studies

She is currently a Board Member at the University of Technology and has also been on the Boards of a number of notable institutions including the National Housing Trust, Jamaica Employers’ Federation, Young Entrepreneurs Association and Caribbean Employers’ Confederation.

Ms Coke-Lloyd’s participation in organizations like the Women’s Leadership Initiative, the Optimist Club of Barbican Pines, the International Labour Organization and Women Business Owners displays her dedication to effective social transformation.

In both the business and social arenas, Jacqueline has demonstrated a commitment to excellence, service and dedication, the same values at the core of Sagicor’s success. She’s the founder of Make Your Mark Consultants (MYMC); a corporate support firm of which she is a partner. In addition to her professional commitments she remains committed to her family which consists of husband Evon Lloyd, and their three children.

 

Mrs Marjorie Fyffe-Campbell, BSc, MSc
Director

Mrs Marjorie Fyffe-Campbell is a Management Executive with over twenty two (22) years’ experience in Finance and Accounting at the Executive Management level. She is a graduate of the University of the West Indies with a BSc. and a M.Sc. in Accounting. She is a Member of the Institute of Chartered Accountants of Jamaica as well as a former President and Chief Executive Officer of the Urban Development Corporation, Jamaica. Mrs Fyffe-Campbell is a part-time Lecturer in Financial and Management Accounting at the Mona School of Business of the University of the West Indies where she is pursuing a Doctorate in Business Administration with emphasis on corporate governance.

She is also a member of the Board of Directors of Sagicor Financial Corporation (SFC), Sagicor Property Services Limited, Sagicor Group Jamaica Limited, and Sagicor Life Jamaica Limited.

 


Mr Richard L. Downer, CD, FCA
Director

Mr Richard Downer, a former Senior Partner of PricewaterhouseCoopers in Jamaica, currently serves on the board and the Audit, Investment & Risk Committees. He is a director of Sagicor Financial Services Limited, chairman of its audit committee and a director of Sagicor Bank Jamaica Limited, Sagicor Group Jamaica Limited and Sagicor Life Jamaica Limited. He is a member of the Rating Committee of CariCRIS Limited and a director of ICD Limited and Dolphin Cove Limited.

Mr Downer has served on other private sector boards including Victoria Mutual Building Society and Lacelles deMercado and Co. Limited. In the public sector he has served as Executive Director of the Bureau of Management Support in the Office of the Prime Minister of Jamaica and a director of the Bank of Jamaica and was Chairman of the Coffee Industry Board for eight years. He has also served on the boards and audit committees of the National Education Trust, the Overseas Examination Commission and the Tourism Enhancement Fund. 

 


Mr Jeffrey C. Cobham, BA, Dip. Mgmt.
Director

Mr Jeffrey Carl Cobham currently sits on the Boards of Sagicor Property Services Limited, Sagicor Life of the Cayman Islands Ltd., Sagicor Group Jamaica Limited and Sagicor Investments Jamaica Limited. 

He also sits on the boards of Salada Foods Jamaica Limited and Pulse Investments Limited.

He is the Chancellor's representative to the UWI's Mona Campus Council and sits on its Finance and General Purposes, and Audit Committees.

 

Mr Stephen McNamara
Director

Mr McNamara is a Barrister/Solicitor specialises in the representation of foreign investors in St Lucia in Tourism, Manufacturing and Banking sectors. He was called to the Bar at Lincoln’s Inn, and in St Lucia in 1972 and served as Chairman of the St Lucia Tourist Board for nine years and continues to serve as Director on a number of regional boards including Sagicor Life Inc. and RBTT Bank Caribbean Ltd.   

The Stephen McNamara’s St Lucia-based service includes the Board of St Lucia Electricity Services Ltd, and as President of the St Lucia Tennis Association.

 


Peter K. Melhado BSc, MBA
Director

Mr Melhado is the President and Chief Executive Officer of the ICD Group and Chairman of Sagicor Investments Jamaica Limited, a local conglomerate with interests in real estate, construction, property management, general insurance and business process outsourcing, brings a wealth of experience to these new roles.

With a proven track record in the financial services industry from 1993, Mr Melhado held the position of Chief Executive Officer of the Manufacturers Group and led the acquisition of Sigma Investment Managers in 2001, resulting in the formation of Manufacturers Sigma. He remained in that position until the merger of Manufacturers Sigma and Pan Caribbean in 2004.

He is on the Board of Directors of Sagicor Group Jamaica Limited, Sagicor Bank Jamaica Limited and Sagicor Investments Jamaica Limited. 

He is a former Vice President of the Private Sector Organization of Jamaica and serves as a Chairman of Sagicor Bank Jamaica Limited. Mr Melhado attained a B.Sc. in Mechanical Engineering from McGill University and an MBA from Columbia University Graduate School of Business, with a major in Finance.

Leadership Team (Sagicor Group/ Sagicor Life)


Mr Richard O. Byles, BSc, MSc.

Mr Byles is the President and Chief Executive Officer of Sagicor Group Jamaica Limited. Under his leadership the Group has evolved through a series of acquisitions, the most recent being the purchase of the banking operations of RBC Jamaica.

Prior to his tenure at Sagicor Group, Mr Byles was the President and CEO of Pan Jamaican Investment Trust Limited (Pan Jam) where he steered that group through a number of mergers, acquisitions and divestments. He successfully led Pan Jam's largest subsidiary; First Life Insurance Company Limited, through the financial crisis in the 1990's. He remains a Director of Pan Jam.

Mr Byles is also Board Chairman of the Sagicor Real Estate X-Fund and Desnoes and Geddes Limited, brewers of Red Stripe Beer as well as a Director of Sagicor Investments Jamaica Limited, Sagicor Life Jamaica Limited, Sagicor Bank Jamaica Limited. He is a Vice President of the Private Sector Organization of Jamaica and Co-chairman of Jamaica's Economic Programme Oversight Committee (EPOC), which has oversight responsibility for the implementation of the current IMF Agreement with the Government of Jamaica. 

Mr Byles holds a BSc. in Economics from the University of the West Indies and a MSc. in National Development from the University of Bradford, England.

 


Mr Willard Brown, B.Sc., FSA

Mr Brown is the Executive Vice President of the Employee Benefits Division. He joined the Sagicor Life Jamaica Limited family in 1991 and has served the company in various capacities including Information Technology, Special Projects Departments before joining the Employee Benefits Division.

Mr. Brown holds a Bachelor of Science degree in Mathematics and Computer. He is a Fellow of the Society of Actuaries.

 


Mr Ivan B.O'B. Carter, MBA, FLMI

Mr Ivan Carter is Executive Vice President Finance and Information Technology and CFO for Sagicor Life Jamaica Limited.

Prior to this, he served at the Sagicor Group in Barbados where he held many senior positions within the Finance Division, rising to the post of Vice President, Finance and Assistant Treasurer.

Mr Carter has extensive knowledge and experience in Life Insurance, Accounting and Finance and has played leading roles in numerous corporate projects over the years, including many mergers and acquisitions.

In his current capacity as Executive Vice President (EVP) and Chief Financial Officer (CFO) of Sagicor Life Jamaica Limited, Mr Carter is responsible to the President and the Board of Directors for the accounting function, the financial reporting, use of technology and the strategic financial management of the organization.

 

Mr Mark Chisholm, MBA

Mark Chisholm, Executive Vice President in Sales - Individual Life Division, joined Sagicor Life Jamaica Limited in January 1989 as a Clerk and has served in various departments within the Company.

Mr Chisholm has direct responsibility for sales in Jamaica and Sagicor Life of the Cayman Islands. He currently lectures at the University of the West Indies.

He holds a Post Degree diploma in Marketing & Sales from the University of West Indies, a Diploma in Marketing from the University of New Orleans (UNO) and has completed his Master’s in Business Administration (MBA) with distinction.

 


Mr Karl Williams, BSc, MBA

Mr Karl Williams is the Vice President of Human Resources. He has over 15 years’ experience in the Life Insurance Industry. He currently has responsibility for the all Human Resource functions and is an active member of several national business councils. 

Mr Williams’ mandate is to promote a high-performance culture by implementing strategies aligned with corporate objectives and that foster the development of a team that lives and values high performance. He is a highly trained and experienced management executive with over twenty (20) years of successful leadership and managerial responsibilities in Marketing & Sales, Training & Development and Human Resource Management. He is the Chairman of the Insurance Association of Jamaica (IAJ) Human Resource Committee and President of the Human Resource Management Association of Jamaica (HRMA).


Mr Williams started with Island Life Insurance Company as a life insurance agent and proceeded to hold posts as Training Manager and Director of Marketing, before being appointed AVP Corporate Marketing and ultimately VP Human Resources at Sagicor Life Jamaica Limited.

 


Mrs Janice Grant Taffe, LLB

Mrs Grant Taffe is an Attorney-at-Law with over 15 years’ experience in the insurance industry specializing in the areas of insurance, commercial, property and company law.

She was the Life Insurance Companies Association's representative to the Joint Select Committee of Parliament to present submissions from the Insurance Industry on the changes in beneficiary designations in 1995.  Mrs Grant Taffe has written several articles and made presentations on the topic from time to time.

She is also recognized for her work in bringing about legislative changes in the Insurance Act, resulting in the Insurance Act 2004.

Grant Taffe is a member of the Jamaican Bar Association, Soroptimist Club of Kingston and a member of the Board of Directors of the Insurance Employees Co-Op Credit Union.

 


Rohan Miller MBA, BSc. (Hons).

President and CEO Sagicor Investments Jamaica Limited

Mr Miller has been appointed President and Chief Executive Officer of Sagicor Investments Jamaica Limited as well as Board Member of Sagicor Investments Jamaica Limited. Mr Miller joined Sagicor Life, then LOJ in May 1993 and as Executive Vice President - Investments and Chief Investment Officer his responsibilities include managing the investment portfolio, maintaining relationships with pension clients, developing the company's investment strategy and real estate properties.


Mr Miller holds a BSc. (Hons.) in Agriculture from the University of the West Indies and a MBA in Finance from Rutgers Graduate School of Management, New Jersey, USA. He is also a Director of Jamaica Developers Association and Saint Andrew Developers Limited.

 


Philip Armstrong, BSc

Philip brings over 20 years of securities, derivatives and financial expertise gained from Wall Street and Knutsford Boulevard. He joined Manufacturers in 2002 from Citibank Jamaica where he was Resident Vice President.

Philip is also the Deputy CEO of Sagicor Bank Jamaica Limited. He is the Vice-President of the Jamaica Bankers Association and a director of British Caribbean Insurance Company. He is also Chairman of the Jamaica Bauxite Mining limited and Bauxite Alumina Trading Company. Philip is a graduate of Embry Riddle Aeronautical University where he earned a Bachelor of Science degree in Avionics technology.

 


Donovan H. Perkins BA (Hons.), MBA

President & CEO, Sagicor Bank Jamaica Limited

Mr Perkins has been appointed President and Chief Executive Officer of Sagicor Bank Jamaica Limited as well as Board Member of Sagicor Investment s Jamaica Limited. He has extensive experience in the financial services industry, both locally and in the United States. 

He previously held the position of President and Chief Executive Officer of Sagicor Investments Jamaica Limited (since 1993) and was responsible for the company's overall direction and operations. He has led the company through a number of mergers and acquisitions, resulting in the formation of a strong and diversified financial services group.

 He remains a director of Sagicor Investments Jamaica Limited. Mr Perkins is a Board Member of Pan Jamaican Investments Trust Limited and the Jamaica Producers Group. He is also Chairman of the Jamaica Stock Exchange and Tourism Linkages Council. He previously served in the public sector as Deputy Chairman of the National Water Commission as well as Director of the National Insurance Fund and Jamaica Social Investment Fund.

He holds a Bachelor's Degree in Finance (Hons.) from the University of South Florida and an MBA in Finance and Marketing from The Daren School at The University of Virginia.

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