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Thursday, July 24, 2025

Nedco gets new CEO

by

20140712

Ju­lian Hen­ry has been ap­point­ed CEO of the Na­tion­al En­tre­pre­neur­ship De­vel­op­ment Com­pa­ny (Ned­co) with ef­fect from Ju­ly 1. Hen­ry, who has been act­ing in the post since April, has more than 15 years ex­pe­ri­ence work­ing in the mi­cro fi­nance de­vel­op­ment sec­tor.

He has worked in se­nior man­age­ment po­si­tions in the fi­nan­cial ser­vices sec­tor across the Caribbean in­clud­ing the Na­tion­al De­vel­op­ment Foun­da­tion in An­tigua and Bar­bu­da, and at Caribbean Mi­cro-Fi­nance Com­pa­ny Lim­it­ed (Mi­crofin), de­vel­op­ing sys­tems and mod­els to de­liv­er fi­nanc­ing and oth­er tech­ni­cal re­sources to small scale en­tre­pre­neurs and mi­cro en­ter­pris­es that are un­able to ac­cess fund­ing and re­sources from tra­di­tion­al lenders.

A re­lease from Ned­co said that Hen­ry's ex­pe­ri­ence in small-is­land mar­kets such as An­tigua and Bar­bu­da, Grena­da as well as T&T, will be crit­i­cal in his role as CEO as the agency re­cent­ly com­plet­ed a cor­po­rate trans­for­ma­tion ex­er­cise to more ef­fec­tive­ly de­liv­er qual­i­ty ser­vice, train­ing and sup­port to new and ex­ist­ing en­tre­pre­neurs.

A grad­u­ate of the Uni­ver­si­ty of the West In­dies, Hen­ry al­so has ex­ten­sive train­ing in mi­cro fi­nance man­age­ment, project man­age­ment, client re­la­tion­ship and lead­er­ship. He al­so has a cer­tifi­cate in train­ing on pre­vent­ing mon­ey laun­der­ing from the As­so­ci­a­tion of Cer­ti­fied An­ti-Mon­ey Laun­der­ing Spe­cial­ists.

Pri­or to his cur­rent ap­point­ment, he served as the chief op­er­a­tions of­fi­cer at Ned­co where he planned and im­ple­ment­ed new process­es and pro­ce­dures for re­view­ing loan ap­pli­ca­tions for the small and mi­cro en­ter­prise sec­tor. He al­so played a key role in train­ing staff to im­ple­ment the new sys­tems which have con­tributed to the im­proved per­for­mance of Ned­co's loan port­fo­lio, de­liv­er qual­i­ty cus­tomer ser­vice and sup­port for the sec­tor.

The re­lease said: "With the im­por­tant role small and mi­cro en­ter­pris­es will play in turn­ing around lo­cal com­mu­ni­ties and in job cre­ation in Trinidad and To­ba­go, the board wel­comes Mr Hen­ry in­to this new lead­er­ship role in Ned­co, and we look for­ward to work­ing with him to achieve the new am­bi­tious per­for­mance tar­gets that have been set for re­turn on as­sets, as well as im­prov­ing the qual­i­ty of ser­vice and sup­port be­ing de­liv­ered to our clients and com­mu­ni­ties across the coun­try."

Ned­co is the gov­ern­ment agency man­dat­ed to de­vel­op the small busi­ness sec­tor. Es­tab­lished un­der the Min­istry of Labour and Small and Medi­um Sized En­ter­prise De­vel­op­ment in 2001, the agency is al­so re­spon­si­ble for man­ag­ing the day to day op­er­a­tions of ETI­IC (the En­tre­pre­neur­ial Train­ing In­sti­tute and In­cu­ba­tion Cen­tre) and IBIS (the In­te­grat­ed Busi­ness In­cu­ba­tion Sys­tem).

ETI­IC and IBIS are com­mu­ni­ty based gov­ern­ment sup­port pro­grammes that pro­vide man­age­ment train­ing and busi­ness in­cu­ba­tion ser­vices to the small en­ter­prise sec­tor.


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