KINGSTON, Jamaica — Joseph Matalon has been named the 26th business leader to be inducted into the Private Sector Organisation of Jamaica’s (PSOJ) Private Sector Hall of Fame. 

Matalon is chairman of ICD Group Holdings Limited (ICD Group), a diverse group of companies within the Caribbean, North America, and Latin America. He also serves as a director of other ICD subsidiaries including British Caribbean Insurance Company Limited, West Indies Home Contractors,

CGM Gallagher Group, Advantage Communications Inc and Amber Connect Limited.

Matalon is also a director of the boards of the publicly listed companies RJR Gleaner Communications Group and 1834 Investments Limited (formerly the Gleaner Company Limited).

In January 2016, he was appointed chairman of the Office of Utilities Regulation.

“Hailing from a familial lineage intertwined in the fabric of Jamaica’s history, Joseph M Matalon has carved his own niche in the island’s story. For three decades, he has made an invaluable contribution to Jamaica’s public and private sector through his expertise in finance, investment and banking. He has significant experience in creating and building businesses and has led and participated in several government policy development initiatives,” said the PSOJ in a release today.

The organisation has also benefited from the Matalon’s astute leadership and business acumen as he served on the executive for a number of years and as president of the PSOJ from 2009 – 2012.

“During his stewardship, the organisation was expanded and his seminal report on tax reform laid the foundation for the modernisation of Jamaica’s tax system and incentives regime,” the release added.