SAGICOR Investments executive Donovan Perkins will now head the newly enlarged banking arm within the Sagicor Group with Philip Armstrong as his deputy.
The move follows the recent announcement that the Sagicor Group received regulatory approval for the acquisition of RBC Jamaica which increased its banking arm customer base nearly tenfold.
It also represents the clear separation of the banking and investments divisions under the Sagicor Group Jamaica.
Perkins, formerly the head of Sagicor Investments, will now head the banking division as president and CEO of Sagicor Bank Jamaica supported by Philip Armstrong as deputy CEO.
Sagicor Investments will now be headed by Rohan Miller, executive vice-president, at Sagicor Group Jamaica. Miller was previously responsible for the investment arm of Sagicor Life Jamaica.
Published in the Jamaica Observer
Read Full Article →