A stock market notice on Thursday alerted investors to upheavals at Access Financial Services and efforts to oust the microfinancier’s chief executive officer.
CEO Marcus James, who is under pressure for unspecified “governance issues”, declined to comment after a Jamaica Stock Exchange (JSE) notice alerted the market to a dispute between the company and its CEO.
The matter has reached the courts, with James trying to prevent his removal from his post. James is the company’s founder and he sits on the board as CEO. He is also the top shareholder with at least 40.95 per cent holdings.
Published in The Gleaner
Read Full Article