KINGSTON, Jamaica — Noted businessman, Bruce James, has been appointed as the new Chairman of Sagicor Bank Jamaica Limited.

James, who is President of the world-renowned and award-winning MVP Track and Field Club, has been a Director on Sagicor Bank’s Board since 2011 and has over 16 years’ experience in the banking sector.

His appointment is consequent upon the resignation of Richard Byles as Director and Chair of Sagicor Bank, following Byles’ appointment as the next Governor of the Bank of Jamaica.

James is a former executive with Citibank, NA Jamaica branch where he served as Vice President in charge of the Corporate Bank, Vice President in charge of Relationship Management, and Vice President in charge of Risk Management. He is also the former Managing Director of Citi Finance Limited and has expertise in risk management and analysis, marketing of credit products, relationship management and leadership.

James, who holds a Master of Business Administration from the Florida State University, also serves on the board of Sagicor Investments Jamaica Limited.

His appointment took effect yesterday.