PanCaribbean Bank becomes Sagicor today
KINGSTON, Jamaica – Pan Caribbean Financial Services today assumes its new name – Sagicor Investments Jamaica Limited.
Its banking arm, PanCaribbeanBank, will become Sagicor Bank Jamaica.
The name changes come as part of a rebranding exercise which was voted on by shareholders at the company’s extraordinary general meeting on October 18th.
The changes were made to align the PanCaribbean brand with that of its parent company, Sagicor.
“Sagicor owns 85 per cent of PanCaribbean, and Sagicor is a well-respected and reputable brand”, said President and CEO of Pan Caribbean Financial Services, Donovan Perkins, at the October meeting.
“Over 90 per cent of Jamaicans recognise the Sagicor brand and we expect to benefit from being more closely associated with Sagicor, the third largest financial company in Jamaica,” Perkins said.