JMMB CEO for Jamaica operations resigns
Published:Thursday | January 3, 2019 | 12:00 AMsteven jackon
JMMB Group (JMMB) has advised that Kisha Anderson will leave office as country manager for Jamaica following her resignation, which becomes effective on March 31.
She resigned in order to pursue other interests. JMMB did not reveal a replacement when contacted.
Anderson assumed the role as head of JMMB's Jamaica operations in November 2014, and, prior to that, was head of investment services for two years. Overall, she worked at the financial entity for 23 years. JMMB lauded Anderson for her "invaluable service," indicating that it would support her in her future undertakings.
"Kisha has taken the decision to leave her beloved JMMB family and pursue personal endeavours. She has been instrumental in leading several areas in JMMB Jamaica, which has led to the buildout of the branch network and Jamaica's country operations; and she has also made notable contributions to key strategic initiatives at the group level," stated JMMB in a release.
JMMB added that despite her planned exit, Anderson will continue to serve as a member of JMMB Insurance, JMMB Money Transfer, JMMB Fund Managers and JMMB Investments Jamaica boards, among others.
"Also, going forward, she may from time to time lend her experience and expertise in a consulting capacity on key strategic projects and initiatives within the group," JMMB said, adding that it always supports team members searching for 'self-actualisation'.
In addition to its operations in Jamaica, its main market, JMMB has outfits in Trinidad & Tobago and the Dominican Republic. The Jamaica operations include a number of subsidiaries such as JMMB Securities JMMB Insurance Brokers, JMMB Real Estate, JMMB Fund Managers, JMMB Bank and JMMB Money Transfer.
JMMB reported net operating revenue of $9.3 billion over six months up to September 2018, up 15 per cent year-on-year, with net profit climbing 24 per cent to $2.07 billion over the period. Earning per share stood at $1.25 over the same period. The results were described as favourable across all business lines.