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Facey for Hall of Fame


Maurice Facey

VETERAN BUSINESSMAN Maurice Facey will be inducted into the Private Sector Organisation of Jamaica's (PSOJ) Hall of Fame next month.

The special honour will be bestowed on May 16 on Mr. Facey, whose career and contributions span more than five decades.

"What they are doing is timely", said his wife, publisher Valerie Facey. "He's almost 76 years old and he's still working every day. It's very nice that they have decided to do this."

Over the last five decades, Mr. Facey, who is a Justice of the Peace, has left his mark on every sector. He worked himself through the ranks of CB Facey Ltd., from beginnings as a clerk and sales representative in 1946, to deputy managing director by 1950. Since then, he has held leadership positions at numerous organisations among them Boswell Trust Ltd, Jamaica Property Company Ltd. and the Pan Caribbean Merchant Bank Ltd. Also, he serves as a director of several companies.

Mr. Facey is founding and current chairman of the Kingston Restoration Company (KRC), dubbed by Mrs. Facey as "his baby". The KRC was developed in 1983 when a group of businessmen, led by Mr. Facey, saw the advantages that downtown Kingston still had.

Morin Seymour, executive director of the KRC, described Mr. Facey, who is also a farming enthusiast, as one of the driving forces behind the growth of the KRC which started with $2,000, to the thriving enterprise it is now. "He is a man who has taken little and made much...who has built himself from his bootstraps. In my experience, he is always coming with a fresh idea about how we could make the city better. A man of vision, a patriot, he always thinks of something special for the renewal of the city," Mr. Seymour said.

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