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Stabroek News



Business events in photos
published: Sunday | August 3, 2008


Professor E. Nigel Harris, vice chancellor of the University of the West Indies (UWI) (centre), is delighted during a recent visit from the RBTT/RBC senior executive team. The occasion was the announcement of the RBTT Bank/University of the West Indies (UWI) Scholarship Fund valued at $40 million, which was in celebration of UWI's 60th anniversary celebrations. From left, Minna Israel, managing director, RBTT Bank Jamaica Limited, and Rod Pennycook (right), RBC's executive vice-president, international banking. - Contributed


In a plug for his firm, NCB Insurance Company Limited, billionaire Michael Lee Chin (right) has taken out OMNI Educator policies for his twin daughters. OMNI offers a structured saving plan to finance university education. Policyholders can work with an insurance adviser to set a target investment goal and then determine how much they would like to save in monthly, quarterly or annual premiums. With Lee Chin at left is his insurance adviser, Audrey Stennett, from the university branch of National Commercial Bank at Mona, St Andrew, and Kevin Ingram, regional sales director of NCB Insurance Company.


First citizen of Portmore, Mayor Keith Hinds, was among the early customers utilising the new tax office which opened July 28 at Portmore Pines, St Catherine. At the close of the first business day, the staff of the new revenue centre had processed 448 transactions and collected just under $1.5 million, said the Tax Administration Services Department. - Contributed


Minister without portfolio in the Ministry of Finance and the Public Service, Senator Don Wehby (right), greets Saundra Bailey, managing director of CGM Gallagher group, at the opening of CGM Gallagher Insurance Brokers Jamaica Limited on July 30. At left is Joseph M. Matalon, chairman of the CGM Gallagher group. The company began in 1971 as International Insurance Brokers, but became CGM Group after a 2004 merger with a Barbadian brokerage. In December 2007, Arthur J. Gallagher, the world's fourth-largest insurance broker finalised its purchase of 38.5 per cent of the CGM Group, at which time the company became CGM Gallagher. - Contributed

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