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Sagicor CEO Richard Byles Is Upbeat – Expects Growth From Banking Acquisition

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President and CEO of Sagicor Group Jamaica Limited Richard Byles says the main constraint on the performance of the financial conglomerate in the current year will be the economy, which could impact its efforts to sell new products.

But, given that there is no expectation of another extraordinary event equivalent to the National Debt Exchange (NDX), he is upbeat.

“For the new year, we do not have an NDX which cost us $1 billion. Given this – this alone – all of the sections of our business will do a little better,” Byles told Wednesday Business on Tuesday.

Published in The Gleaner
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