By Ashford Meikle, Staff ReporterTHE FINANCIAL Gleaner understands that vice-president of Treasury and Asset Management at Dehring Bunting and Golding (DB&G), Mark Walters has resigned from the investment and merchant bank.
A senior executive at DB&G confirmed the query, saying "Mr Walters handed in his resignation last Friday (May 21)." Mr. Walters, who gave his previous bosses a month's notice, is now on vacation. The Financial Gleaner understands that Walters will be joining NCB Capital Markets, the stock brokerage arm of the NCB Group.
Walters joined DB&G in December 1997. In mid 2002 he was promoted from Assistant Vice President in the Treasury department to his present position as vice-president.
If, indeed, Walters joins NCB Capital Markets (previously Edward Gayle and Company), it will be the latest coup by Michael Lee Chin who has successfully lured a number of prominent executives into his NCB group.
A senior executive at DB&G told the Financial Gleaner that the decision to separate was "perfectly amicable. "Mark was a valued employee-who contributed to the growth of DB&G and its presence in the market; we will miss him.
NO CONFIRMATION
DB& G's executives could not confirm that Walters would be joining the NCB group.
When the Financial Gleaner contacted NCB Capital Markets, Mr. Christopher Williams refused to confirm whether Walters would be joining the company. Insisting that the company had "no comment," the executive elaborated that "we don't (publicly) discuss our recruitments." Efforts by the Financial Gleaner to reach Mr Walters were unsuccessful.
DBG informed the Financial Gleaner that Mr Walter's seat on the Board of Directors of the Jamaica Stock Exchange (representing DB&G) will most likely be filled by its president, Garfield Sinclair.
