Three contracts totalling $87.7 million have been awarded for a security perimeter fence and infrastructural work at the Maximum Security Prison (MSP) in Arouca, as Government moves to shut down th
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JMMB briefs T&T investors
The JMMB Group recently hosted its T&T-based shareholders to an investor briefing at the Hyatt Regency Hotel. At the forum, chief executive officer Keith Duncan presented highlights of the Group’s financial performance, regional developments and insights about the company’s strategic focus for the upcoming financial year 2014/2015. Duncan gave a powerful commitment to its local shareholders, declaring: “If ever there was a time to get excited about JMMB Group’s performance prospects, that time is now!”
He further articulated that the Group continues to position itself as an integrated financial services provider with its regional expansion marked by the impending opening of JMMB Investments TT, its ownership of IBL Bank, alongside a pending bank acquisition in the Dominican Republic and the improved performance of the JMMB Merchant Bank in Jamaica.
Local investors were also introduced to the CEOs of the Group’s businesses in T&T—Mark Singh of JMMB Investments, along with Krishna Boodhai. managing director/CEO of IBL Bank, a 100 per cent subsidiary since September 2013. The local audience also met for the first time the Group’s country head from the Dominican Republic, Guillermo Arancibia and the head of investment services for Jamaica, Kisha Anderson.
The Power of One theme was clearly visible, reinforced by the Group’s Vision of Love and following the presentations, guests were treated to a multicultural evening with dancing Pierrot Grenades who depicted the Group’s presence in Jamaica, the Dominican Republic and T&T. JMMB began operations in Jamaica in 1992 and in its 21 year history, they have become one of the leading financial services companies in the region.
Serving more than 220,000 clients regionally, with a diverse range of financial products and services, including investments, funds management, banking, remittances and insurance brokering, the JMMB Group is poised to partner with clients throughout the region to achieve their financial life goals. JMMB has been a top performing stock on both the T&T and Jamaican Stock Exchanges.