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From PROVEN to Sagicor

Tuesday, December 05, 2017

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MERE days after PROVEN announced that Chorvelle Johnson had resigned as president and CEO of PROVEN Wealth Limited and PROVEN Fund Managers Limited, Sagicor Bank Jamaica Limited announced her appointment as its CEO.

In a news release yesterday, Sagicor Bank said Johnson's appointment will take effect on January 29, 2018.

Johnson has served in the financial services sector, holding senior management positions over the past 20 years, Sagicor said, referencing her most recent position at Proven Wealth and Proven Fund Managers.

“I am very excited to have Chorvelle join our team and on behalf of the Group I welcome her to the Sagicor family. She is a dynamic, results-oriented leader and is a trailblazer in the financial services industry with an impressive track record of success at the leadership level,” Christopher Zacca, president and chief executive officer of Sagicor Group Jamaica, is quoted as saying in the release. “Along with the board of directors, I have every confidence that she will propel Sagicor Bank to a new level of client experience, growth and profitability.”

On Friday, PROVEN President and CEO Christopher Williams confessed to the Jamaica Observer that the company tried hard to persuade Johnson to stay after she had indicated that she would take up an offer elsewhere.

“We fought hard to keep her but we could not,” Williams said.

He had also said that Johnson did not indicate where she was going but that the company was “very proud of her and the fact that she was head-hunted”.

Johnson is set to demit office at PROVEN on January 26, 2018.

As the chief executive officer of Sagicor Bank Jamaica Limited, Johnson will also be appointed to sit on the board as a non-independent director, Sagicor said.

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