“I don’t think I’ve done anything extraordinary. I did a lot of small things which all eventually balled up into one big thing,” says Angela Lee Loy.
Despite her diminutive structure, Lee Loy or “Angie” as she is fondly called is a giant in the business community, locally, regionally and internationally.
From humble beginnings growing up with her siblings in Barataria, Lee Loy is regarded as one of the most reputable visionaries and women entrepreneurs in T&T and the Caribbean.
Lee Loy explained to the Sunday Business Guardian that throughout her life all she did was apply diligence to her endeavours.
“There was no magic formula. Anything I did, I simply did it to the best of my ability,” she said.
But, more importantly, Lee Loy testified that God plays a fundamental role in her life.
“Every day I ask for wisdom in whatever I do,” she shared.
Lee Loy holds many hats.
She is the chairperson and founder of Aegis Business Solutions Ltd, one of the largest indigenous business consultancy in the English-speaking Caribbean, headquartered in T&T.
Aegis which means “divine shield” in Greek has six primary offerings: accounts outsourcing; payroll; HR; corporate secretarial and governance; IT; and business development.
The company was founded about 19 years ago and offers services for the financial, industrial, energy and manufacturing sectors.
Lee Loy is also chair of Eve Anderson Recruitment Ltd.
Additionally, Lee Loy is a fellow of the UK Association of Chartered Certified Accountants and has decades of professional experience in auditing and business advisory services with Aegis and PricewaterhouseCoopers.
But if someone told Lee Loy years ago that she would become such a force to be reckoned within the business world she said she would laugh.
Her passion was to become a teacher.
After attending Nelson Street RC and later becoming a graduate of St Joseph’s Convent, Lee Loy said she never thought of herself as special or bright, let alone someone who could make a difference to society.
In fact, Lee Loy admitted that she struggled with her academics and described herself as a slow learner.
However, in secondary school, she eventually buckled down and applied herself.
Lee Loy also praised her parents; father Leolin, a health inspector and mother Elaine, a clerk who worked hard to provide for their family as best as they could and ensured close ties were maintained.
And it’s this bond together with her firm Catholic faith which Lee Loy said has helped her balance work and family life.
“When I’m attending Mass virtually or meditating my employees know not to bother me. I don’t even look at my phone during these times. This is my spiritual time and it’s very sacred to me,” said the 2021 business Hall of Fame inductee.
Rising up the ranks
Lee Loy’s parents couldn’t afford to send her to university.
Immediately after completing secondary school she worked as a teacher but just after one term, fate had something great in store for her.
While teaching, she applied to join PriceWaterhouse, enticed by the prospect of being paid to study for a professional accountancy qualification.
When Lee Loy joined the company as a trainee in 1972, she recounted that she was one of just two women in that role.
But this didn’t bother her as her focus remained on her work.
In 1976, Lee Loy qualified as an accountant under a joint initiative by ACCA and the Institute of Chartered Accountants of T&T
Lee Loy greatly values her association with the ACCA having served on the organisation’s international assembly and also appreciates the ACCA’s commitment to making such qualifications accessible to people from all backgrounds.
By 1986, Lee Loy was a partner in PriceWaterhouse, which later merged with Coopers and Lybrand to become PwC.
Lee Loy remained at the company for about 15 years.
When she left Lee Loy then launched Aegis in 2001 and since then the company continues to grow from strength to strength, becoming so successful that it is compared to the “Big Four” auditing firms in the local market.
As a leader, Lee Loy also credits her staff who she said continues to assist her many ways and whom she is grateful.
Do what you love
Lee Loy’s mantra is do what you love, otherwise it simply does not make sense doing it.
This, she noted, is the main tenant of business.
“If you don’t like what you’re doing then you won’t enjoy it. It will be a chore but if you love what you do then you will put your all in it. This makes all the difference,” she advised.
But despite how successful one becomes, family ought never be neglected, Lee Loy emphasised.
“You must always make time for your family. No matter how far you’ve reached in your business or how much work you have to do.
“Don’t neglect your family because it’s not worth it. We are only here for a certain time,” she advised.
Lee Loy also recommended that when working in the service industry, one must be service-oriented and honest.
“Dialogue and communication are important. You cannot run a business efficiently without these elements,” she emphasised.
Mentoring young people, is another fundamental tenant to Lee Loy which she said has enabled her to contribute to building a better T&T.
“Mentoring is really about helping people become the best they can be. Simple appreciation and praise go a long way. I see people for people. Not race or class.
“And it’s not just about accumulating money and more money but what you do with that money makes a difference. Whether you invest in people or a community,” she added.
About Angela Lee Loy
Lee Loy’s portfolio is extensive as she has been involved in multiple industries across various sectors and disciplines.
She was the first female president of the Institute of Chartered Accountants of Trinidad and Tobago (ICATT).
She was also on the board of Prestige Holdings Ltd and Gulf Insurance Co Ltd.
Lee Loy previously chaired committees as diverse as the National Aids Coordinating Committee, the Music Literacy Trust and the Social Justice Foundation.
A firm believer in advocacy Lee Loy was also a council member of the Chancery of the Archbishop of Port-of-Spain, member of the Archbishop Appeal fund and a board member of the Mercy Foundation, a division of the Living Water Community, among others.