Agostini has announced that Nigel Campbell, who has served as group chief financial officer (CFO), is expected to resign from his position effective December 31, 2025.
The announcement was made in a formal notice issued pursuant to Section 64(1)(b) of the T&T Securities Act, 2012 which was posted on the T&T Stock Exchange yesterday.
The company also thanked Campbell for being a key figure in the organisation’s leadership, heading the group’s finance function and contributing as a member of the executive team.
In a previous notice, Agostini had announced Campbell as its CFO, which had been effective from February 1, 2024.
Campbell had replaced Barry Davis, who assumed the group’s CEO position on that same date.
That notice had also stated that Campbell was a senior finance executive with over 30 years’ experience in various sectors, with his last position before joining Agostini being the CFO of a large energy company in T&T.
It had also noted he has a BSc from the University of the West Indies and holds an MBA from Anglia Ruskin University and is a qualified accountant with the Association of Certified and Chartered Accountants (ACCA. Campbell is also a member of the Institute of Chartered Accountants of T&T (ICATT).
Earlier this year Agostini’s Ltd rebranded to become Agostini Ltd.
“The rebranding is far more extensive than most people would realise, because Agostini’s Ltd now, Agostini Ltd is a group of 21 companies around the region, and so many of our subsidiaries within Agostini have also rebranded,” James Walker, CEO of the Agostini Pharmaceutical & Healthcare Group, had said in an interview with the Sunday Business Guardian.
These changes included the name changes to manufacturing and distribution companies from Vemco, Hand Arnold and Smith Robertson to Acado Foods, Acado Distribution and Aventa T&T Ltd respectively.
Acado Foods and Acado Distribution are operated by Agostini Ltd through its joint venture, Acado Ltd (formerly CDP Limited) with Goddard Enterprises of Barbados. Aventa T&T (formerly Smith Robertson) is part of the pharmaceutical and healthcare sector of the group, which includes companies in Barbados, Jamaica, and the Dutch Caribbean (Aruba and Curaçao).
On November 18, Agostini announced that it was extending the closing date of its takeover bid for Prestige Holdings Ltd for a fifth time to January 20, 2026.
The takeover bid has been extended on five occasions because the transaction requires the approval of T&T’s Fair Trading Commission. The approval has not been forthcoming because the FTC does not have a board.
