Curtis Martin, deputy group president of Capital and Credit, will now have three managers reporting to him on different aspects of CCSL's operations. - Contributed

Devon Barrett, general manager of Capital and Credit Securities Limited (CCSL) and executive vice-president in the Capital and Credit group, has quit the financial house with effect from Saturday, February 16.

Despite Barrett's departure in the middle of the month and on a weekend, deputy group president Curtis Martin said the company had sufficient notice of the move.

Martin, who is also president and chief executive officer of CCSL, declined comment on Barrett's reasons for leaving, saying the former executive was the best person to explain his actions.

Divided responsibilities

Capital and Credit has since divided up Barrett's job among three other managers at the firm, with a commensurate change in the reporting structure.

Christopher Walker, vice-president and general manager, will be in charge of the company's non-treasury operations and will now report directly to Martin. His functions include stockbroking, wealth management, pension portfolio and client relations.

Adrian Reynolds, assistant vice-president of wealth management, will concentrate on client development, a function Martin said was timely in the company's bid to focus more on wealth creation.

Reynolds will work alongside Walker.

Treasury operations now fall under Ingrid Mackay, the assistant vice-president of treasury and investment asset liability management. Mackay will report directly to Martin.

susan.gordon@gleanerjm.com