GraceKennedy Limited (GK) has advised that further to the Senior Management changes announced in January 2019, the following Board changes are in effect:
1.1 Resignation of Director
Mr. Frank James, current Group Chief Financial Officer will resign from the Board of GraceKennedy Limited effective April 1,2019. Mr. James will succeed Mr. Ryan Mack who retires at the end of March, as CEO Domestic Foods Division effective April 1,2019. Mr. James will remain a member of the Group’s Executive Committee.
1.2 Appointment of Director
Mr. Andrew Messado will be appointed to the Board effective April 1,2019. In succeeding Mr. James as Group Chief Financial Officer effective April 1, 2019, Mr. Messdo will be appointed a member of the Group’s Executive Committee as of that date.
Mr. Messado is a Fellow and Lifetime Member of the Institute of Chartered Accountants of Jamaica, (ICAJ).
2. GraceKennedy Financial Group limited
Mr Andrew Messado and Mr. Steven Whittingham will be appointed to the Board of GraceKennedy Financial Group Limited (GKFG), a fully owned subsidiary of GraceKennedy Limited with effect from April 1,2019, subject to regulatory approval by the Bank of Jamaica.
GK further advised that Mr. Frank James will demit office as a director of GKFG on April 1,2019.