Business

Zacca appointed chairman of Sagicor Real Estate X Fund

Friday, July 12, 2019

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Christopher Zacca, president and CEO of Sagicor Group Jamaica, has now also been appointed chairman of the Sagicor Real Estate X Fund, effective as of July 11.

His appointment follows Richard Byles' resignation from the post last month to take up the position as governor of the Bank of Jamaica.

Zacca was unanimously appointed by the directors at a board meeting held on Wednesday at the Jewel Grande Hotel in Montego Bay.

Zacca has also been appointed chairman of Sagicor Investments Jamaica Limited as former chairman Peter Melhado resigned to take up the post of chairman of the Sagicor Group Jamaica.

The Sagicor Real Estate X Fund, a leading private sector investor in the Jamaican and regional tourism real estate market, has significant equity stake in Playa Hotels and Resorts as well as ownership of Jewel Grande Montego Bay and DoubleTree by Hilton in Orlando, Florida.

— Abbion Robinson


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