JMMB Group Limited (JMMBGL) has advised that Dr. Noel A. Lyon will retire as Chairman and Director of JMMBGL and as Chairman/Director of the subsidiary boards on which he sits effective December 31, 2016. Mr. Archibald Campbell, JMMBGL Deputy Chairman, who has held that position for the last 12 years will assume the post of Chairman effective January 1, 2017.
JMMBGL noted that Dr. Lyon had long stated his intention to retire in his 25th year as Chairman. The Company further stated that “in 1992, Dr. Lyon co-founded, alongside the late Mrs. Joan Duncan, Jamaica Money Market Brokers Limited (JMMB). Their vision was to start a financial institution that would make investing in the money market accessible to the average Jamaican. Under his stewardship as Chairman, JMMB has grown to become one of Jamaica’s notable success stories. The Group has not only grown in its operations to become one of the largest financial groups of companies in Jamaica, but has significant regional reach, with operations in Trinidad and Tobago and the Dominican Republic. His supportive leadership style is a huge contributing factor to the unique culture and the reach that JMMB has today.
“The entire JMMB Group family would like to go on record in expressing our deepest gratitude to Dr. Lyon for his strong, supportive and selfless leadership over the years. We wish him God’s richest blessings as he embarks on his well-deserved retirement.”
