William Mahfood is new chair of MSBM
CHAIRMAN of the Wisynco Group William Mahfood has been appointed as chairman of Mona School of Business and Management (MSBM) at The University of West Indies, Mona, with effect on August 1, 2023.
He succeeds Patrick Hylton, former president and CEO of NCB Group, who served in the role since August 2021 in his second stint.
Mahfood boasts an illustrious career in manufacturing and distribution that started in 1988 with Wisynco Trading Limited. Since then he has led the operations for 20 years as the managing director before taking up the call to be chairman of the Wisynco Group in 2014. During this time he also served as director of Trade Wind Citrus Ltd, Worthy Park Estates, and JP Snacks Caribbean.
The incoming chairman’s business acumen is also leveraged in other industries as he serves as chairman of JN Money Services and as a director of the Jamaica National Group and Elite Diagnostic. From 2014 to 2016 Mahfood was president of the Private Sector Organisation of Jamaica (PSOJ).
In recognition of his contribution to business and society Mahfood was awarded the 2016 American Chamber of Commerce Business and Civic Leadership Award for Excellence – President’s Award, for his contribution to national development and Brand Jamaica. He was also awarded the American Friends of Jamaica 2017 International Humanitarian Award in recognition of his contribution to the improvement of the lives of countless Jamaicans.
Joining Mahfood are three other new directors — Audrey Tugwell Henry, president and CEO, Scotia Group Jamaica Limited; Steven Gooden, chief executive officer of NCB Capital Markets Ltd; and Professor Sterling K Frost, group deputy chief executive officer — operations and administration, First Citizens Group, Trinidad and Tobago.
While welcoming the new executives MSBM relayed its thanks to Hylton and other outgoing directors — Lisa Lewis and Professor Dale Webber — for their sterling contributions to the board.