Special Advisory: Barita Investments Limited (BIL)

January 3, 2023

 

Barita Investments Limited (BIL) has advised that effective January 1, 2023, Mr. Ramon Small-Ferguson will be appointed to the positions of Managing Director of Barita Unit Trusts Management Company Limited (“BUTMC”) and Deputy Chief Executive Officer of Barita Investments Limited, consistent with the Company’s succession planning programme. Accordingly, Mr. Jason Chambers has resigned from the post of Managing Director for BUTMC, effective December 31, 2022. Mr. Chambers will continue to serve as a Board Director of both BUTMC and BIL. Mr. Damion Brown has been appointed Chief Investment Strategist and CEO, Real Estate and Alternative Investments at Cornerstone United Holdings Jamaica Limited, an affiliate of BIL, effective November 28, 2022. In this role, Damion will assume responsibility for the executive oversight of the strategic development, management, and execution of the alternative investments mandate of the Cornerstone Group.

 

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may affect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

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