Business

Nigel Clarke appointed to Bank of Jamaica Board of Directors

By Al Edwards

Sunday, September 26, 2010    

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Dr Nigel Clarke who serves as Chief Operating Officer of the Musson Group is to be appointed to sit on the Board of Directors of the Bank of Jamaica, Sunday Finance understands. Clarke who recently stepped down from the Board of NCB has a stellar reputation in corporate Jamaica and has been tipped as one to watch from the new generation of corporate leaders. He was part of the "Golden Generation" comprising David Panton, Jeffrey Hall and Eleanor Brown who together with Clarke, were founding members of Caribbean Equity Partners. Clarke went on to distinguish himself over the last decade sitting on the Board of Directors of Red Stripe, Seprod NCB, NCB Capital Markets, Facey Commodity and Jamaica Broilers. He has remained in Jamaica and his reputation is untarnished. Affable and intelligent , he also has a first class education. He holds a Bachelor of Science degree in Mathematics and computer science from the University of the West Indies and a Master of Science from one of the world's best educational institutions, Oxford University. He followed that up with a Doctorate in Mathematics again at Oxford University. More recently he has become a trusted top executive at one of the Caribbean's leading conglomerates, Musson Group founded by Desmond Blades. He will bring invaluable experience to Jamaica's central bank. Dr. Nigel Clarke, member of both National Commercial Bank (NCB) Jamaica Ltd. and the NCB Capital Markets Ltd. Boards, tendered his resignation from both boards effective September 17, 2010 .

Last week, the former NCB Board member was treated to a special luncheon at the bank's headquarters in appreciation of his years of service on both boards. In his remarks to the honouree, NCB Boss and NCB Capital Markets Chairman, Patrick Hylton declared:

"It has been an honour and a privilege to serve alongside a man of such intellect, integrity and distinction. Nigel has consistently maintained a high standard of representation in his role as a longstanding board member and our loss will certainly be another institution's gain."

Echoing these sentiments, NCB Chairman Michael Lee Chin not only lauded Dr. Clarke, but paused to acknowledge his parentage.

"Much credit must be attributed to the parents of such an individual whose outcome we see today is the standard for which all wish to see their children attain," stated Lee Chin. "We have had the benefit of Nigel's expertise for over 10 years and we welcome him back with open arms should he ever decide to grace us with another 10 years in the future."

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