Page 16 - Neal and Massy Holdings Annual Report 2012

14 2012
Leadership Strengthening
After the Group’s Corporate and Business Unit strategy development
exercise was completed, we recognized that the key constraint to
implementation success lay in the lack of sufficient and appropriate
leadership within the Group. A number of gaps were identified and
we have made excellent progress in recruiting and reorganizing our
leadership team to successfully execute the growth strategy. Some
of the important developments for the year were:
• Nisha Dass, the Associate Principal from McKinsey & Company
who led the McKinsey strategy engagement with Neal & Massy,
was recruited to the position of Group Chief Strategy Officer
to lead and support the continuous review of our strategic
plans and support major business development projects and
acquisitions.
• Curtis Tobal has agreed to join the Group in January 2013 to
take over the role of the CEO of General Finance Corporation
Limited and will also hold the title of Chairman Designate for
the Consumer Finance Business Unit. Curtis has significant
experience in Consumer Finance and will play an important role
in the evolution of the Integrated Retail business model.
• Jorrell Best also joined the Group in 2012 as the Business
Development Manager for the Consumer Finance Line of
Business. Jorrell is a returning resident whose last position before
joining the Group was Associate Director at UBS Investment Bank
in New York.
• Aaron Suite also joined the Integrated Retail Business Unit in
the 2012 financial year as the Business Excellence Manager.
Aaron spent 18 years with Nestle in various positions in Finance,
Business Excellence, Project Management and Logistics. He is
also another returning resident, last stationed in Nestle’s Canada
operations.
• Richard Barrow was recruited as CEO of HD Hopwood in
Jamaica. Richard is an experienced executive with an extensive
career in distribution that spans over 30 years. Prior to joining
the company, he held the position of CEO (Consumer Division)
at Facey Commodity Company Limited, a conglomerate with a
presence in 30 countries.
• Frere Delmas who has served as the Executive Chairman of Neal
& Massy’s Retail Line of Business for the last four years has been
appointed as Neal &Massy Barbados Country Manager, effective
from January 2013. He replaces Anthony King as the most Senior
Executive in the Group in Barbados. In addition to the boards
he currently chairs, he will also assume the chairmanship of a
number of other Barbados-based companies, namely Roberts
Manufacturing Co. Ltd, Seawell Air Services and Booth Steamship
Co. (Barbados) Ltd. and will serve as a director on the boards of
key subsidiaries in Barbados. Frere will continue to serve as the
Integrated Retail Country Manager in Barbados, which includes
oversight for the Group’s retail interests in St. Lucia.
• Everton Browne, who served as the Human Resource Manager
for Barbados will expand his role to provide more executive
support to the Country Manager, providing oversight for public
relations and communications activities. In his new role as Chief
Administrative Officer (CAO), effective from January 2013, he
will be responsible for corporate governance and ethics policies
administration and will continue to have direct responsibility for
human resources and all its related areas.
• Thomas Pantin, who has served as the Executive Chairman of
the Consumer Finance Line of Business, has been appointed as
the Executive Chairman of the Retail Line of Business – taking
over from Frere Delmas. Thomas worked closely with Frere over
the last year in the Integrated Retail Business Unit and a smooth
transition between the two is already underway.
Vision and Values
The Neal &Massy Vision underpins all our forward focused thinking
and behaviours:
A Force For Good: The Most Responsible and Profitable
Investment Holding/Management Company in the Caribbean
Basin.
Our growth initiatives are grounded in our values, which help us
demonstrate the behaviours necessary to accomplish our objectives.
Our values are embodied in our guiding principles: Integrity, Care,
Confidence and Growth:
Chief EXECUTIVE Officer’s Report