May 1, 2026
Guardian Holdings Limited (GHL) has advised that at the Company’s Annual General Meeting on April 30, 2026, Mr. Patrick Solomon was elected as a Director of the Company.
GHL has also advised that on April 30, 2026, its Board of Directors approved the restructuring of the Group including the establishment of a Financial Holding Company pursuant to sections 47(1) and 47(4) of the Insurance Act 2018. GHL has further advised that this restructuring involves the reorganisation of Guardian Group’s corporate structure to separate the financial and non-financial entities. GHL has also advised that this reclassification is a regulatory requirement designed to facilitate the consolidated supervision of the Group’s financial entities by the Central Bank of Trinidad and Tobago.
GHL has further advised that on April 30, 2026, its Board of Directors approved a strategic initiative involving the acquisition of 100% of the issued and outstanding common equity of NCB Merchant Bank Trinidad and Tobago Limited by Guardian Insurance Limited. GHL has also advised that upon completion of the acquisition, the Group will establish a Centre of Excellence for its merchant banking operations in Trinidad and Tobago. The Company has further advised that the completion of this transaction remains contingent upon the receipt of all requisite regulatory approvals.
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