Zacca appointed chairman of Sagicor Investments
KINGSTON, Jamaica — Sagicor Group Jamaica’s President and Chief Executive Office, Christopher Zacca, has been appointed Chairman of Sagicor Investments Jamaica Limited (SIJL).
This follows Peter Melhado’s resignation from the SIJL Board as a result of his appointment as Chairman of the Board of Sagicor Group Jamaica on July 2.
Melhado’s appointment was consequent upon Richard Byles’ appointment to the post of Governor of the Bank of Jamaica, and Byles’ subsequent resignation as director and chairman of Sagicor Group Jamaica, its subsidiaries and all board committees, effective June 30.
Zacca’s appointment as Chairman of Sagicor Investments Jamaica Limited took effect yesterday.
Melhado, meanwhile, will be appointed director and chairman of Sagicor Life Jamaica Limited and Sagicor Life of the Cayman Islands, subject to regulatory approvals. He will also continue as a director of Sagicor Bank Jamaica Limited.