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A 'major' development

Horse racing promoting company SVREL appoints new chief executive officer


Tuesday, September 11, 2018

Yesterday, Major Hugh Blake started what many observers expect to be a major task of harnessing all the elements which go into the making of a profitable and competitive local racing product.

Major Blake took over the reins of the local promoting company, Supreme Ventures Racing and Entertainment Limited (SVREL) as the organisation's, chief executive officer (CEO).

Blake is the second CEO for SVREL since it took over as the promoters of local racing in March of 2017, following a lengthy and sometimes unclear divestment process. The former soldier replaces Brando Hayden who left SVREL approximately a year ago.

The announcement of Blake's appointment was made last week by the parent company of SVREL, Supreme Ventures Limited (SVL).

The announcement release from SVL stated: “Major Blake is an accomplished professional and a commissioned officer of the Jamaican army. Prior to joining SVREL, he served in the capacity of general manager, Jamaica Cane Product Sales. He also served in several capacities at Lascelles Demercado Limited over a number of years, including corporate risk manager and general manager of the automotive division.”

“We're pleased to have Major Blake on board with us at SVREL,” said SVREL Executive chairman Michael Bernard. “His track record is an impressive one and we look forward to what his experience will bring to the operations at the entity.”

Major Blake holds a Masters of Business Administration in General Management from Barry University; a Bachelors of Business Administration in Finance from UTech, and a Diploma in Accounting and Financial Management from the University College of the Caribbean. He also recently submitted his final doctoral dissertation in business administration.

Major Blake currently serves on the Corporate Governance Committee of the Private Sector Organisation of Jamaica.