Business mogul Michael Lee-Chin is the Private Sector Organisation of Jamaica (PSOJ) Hall of Fame inductee for 2022.

Lee-Chin is thos 28th recipient of the prestigious honour awarded by PSOJ. The PSOJ’s Hall Of Fame was established in 1992 and is the premier event on its annual calendar of events at which it recognises an outstanding leader of the private sector.

It was designed to honour business leaders who have made significant contributions to the development of the private sector and Jamaica and pays tribute to three important traits — successful entrepreneurship, leadership and character.

The Hall of Fame inductees should have served in Jamaica’s private sector for at least 25 years and should also have an in-depth knowledge of and commitment to his or her field and be of sound character and unquestionable integrity.

Among those already inducted in the PSOJ’s Hall of Fame are Dr Carlton Alexander, Gordon “Butch” Stewart, Oliver Clarke, Gary ”Butch” Hendrickson, Dennis Lalor, and the 2019 inductee Thalia Lyn.

Widely regarded as a visionary entrepreneur, Lee-Chin was born in Port Antonio, Jamaica, in 1951, and migrated to Canada in 1970, where he studied civil engineering at McMaster University.

He began his business career as an investment advisor and became one of the most successful investors in Jamaica and Canada.

Lee-Chin is chairman of Portland Holdings, a privately held investment company that manages public equity and private equity, and has an ownership interest in a collection of diversified businesses operating in sectors that include financial services, insurance, media, tourism, agriculture, energy, consumer goods and services, and targeted radionuclide therapy.

The brilliant and charismatic Portlander remains close to his roots in Jamaica having served in multiple capacities at the helm of local corporations.

In 2016, Lee-Chin was appointed chairman of the Economic Growth Council (EGC), established by the Government of Jamaica to propose initiatives and sub-initiatives with the goal of yielding economic growth.

The consummate philanthropist, Lee-Chin formally established Portland Holdings’ mantra — “prosperitas cum caritate” — which in Latin speaks to his goal that his businesses must “not only do well, but also do good”.

Lee-Chin encourages his companies and others to do well by doing good through initiatives like the NCB Foundation that celebrated the milestone of donating over $1 billion in 10 years to nation-building efforts in the areas of education, sports and community development and youth leadership and entrepreneurship directly impacting more than 160,000 Jamaicans.

In 2008, Lee-Chin received one of Jamaica’s highest honours, the Order of Jamaica, for his significant contributions to business and philanthropy.

The PSOJ Hall of Fame Banquet takes place at the Jamaica Pegasus hotel ballroom on October 20, 2022, beginning at 6:30 pm where Lee-Chin will be officially inducted.