With the re­cent re­tire­ment of JMMB Bank’s for­mer Chief Ex­ec­u­tive Of­fi­cer and Man­ag­ing Di­rec­tor, Nigel Ro­mano, The JMMB Group has of­fi­cial­ly wel­comed Ronald Carter its new Chief Ex­ec­u­tive Of­fi­cer and JMMB Group Chief Coun­try Of­fi­cer.

With over 30 years in the fi­nan­cial sec­tor, the last five at the helm of JMMB In­vest­ments, as CEO, Carter brings with him a wealth of ex­pe­ri­ence and his own vi­sion for The JMMB Group.

Speak­ing from his new of­fices on In­de­pen­dence Square in Port of Spain, Carter re­vealed his plan for tak­ing JMMB in­to 2020 and be­yond.

“The JMMB Group is at a crit­i­cal stage of ex­pan­sion as we set our sights not on­ly on growth lo­cal­ly, ex­pand­ing ex­ist­ing and cre­at­ing new busi­ness lines, but al­so on de­vel­op­ment through­out the South­ern Caribbean”.

In­te­gral to the suc­cess of this en­deav­our is the hu­man re­source that will dri­ve the ex­pan­sion plan, and Carter’s goal is to en­sure that The JMMB Group is con­sid­ered by its Team a great place to work.

“We want our Team mem­bers to feel like they are part of the JMMB fam­i­ly and that the Group’s suc­cess is their own suc­cess”, Carter stat­ed.

Carter shared too the Group’s over­all vi­sion for fi­nan­cial in­clu­sion, with a man­date to serve the un­banked and un­der­banked in Trinidad and To­ba­go, that he in­tends to up­hold. World Bank Sta­tis­tics show that ap­prox­i­mate­ly 75 per cent of the T&T pop­u­la­tion, over the age of 15, have a bank ac­count; an es­ti­mat­ed 34 per cent of the pop­u­la­tion, over the age of 18, are con­sid­ered to be fi­nan­cial­ly lit­er­ate; ap­prox­i­mate­ly 58 per cent of per­sons, over the age of 15, have in­di­cat­ed that they have been un­able to save any mon­ey at all over the past year; and on­ly 8.4 per cent of the over 15 pop­u­lace has ever bor­rowed from a li­censed fi­nan­cial in­sti­tu­tion.

“We want to bring val­ue added so­lu­tions that are in the best in­ter­est of all of our clients, and en­cour­age a bank­ing cul­ture where they can be­come fi­nan­cial­ly in­de­pen­dent and suc­cess­ful,” Carter ex­plained.

How­ev­er, it is his pas­sion for in­creas­ing and pro­vid­ing fi­nan­cial lit­er­a­cy that mo­ti­vates and ex­cites him.

“The JMMB Group is po­si­tioned to pro­vide the fi­nan­cial ed­u­ca­tion nec­es­sary to em­pow­er clients to make the best fi­nan­cial de­ci­sions for them­selves and their fam­i­lies.”