Dennise Williams, Staff Reporter
( L - R )BURCHENSON, SCHOONER, CHEN. Right: Marie Powell, formerly of Scotia Bank - Junior Dowie/STAFF PHOTOGRAPHER
IT IS getting hard to keep track of just who is where in the financial sector right now.
Over the last few months financial houses have been juggling key executives among themselves with some coming out as net beneficiaries of the changes. This comes against the background of a poorly performing stock market and new regulations with tough new impositions affecting some areas of the financial sector.
Just last week, Marie Powell, vice-president in charge of marketing resigned from the Bank of Nova Scotia (Jamaica). Mrs. Powell had been with BNS for over 10 years and was known for her quiet elegance and fierce protection of the company image.
And in March, Janice Robinson, vice-president and general manager of Scotia Jamaica Investments, a BNS subsidiary, also quietly resigned.
However, the investment house has not been a passive player as Anya Schnoor, the senior vice-president and chief operating officer of Pan Caribbean Merchant Bank, has left that institution to head up BNS's wealth nanagement Division on May 1.
And Schnoor has not been the only one to depart Pan Caribbean.
The former general manager of Pan Caribbean Asset Management Limited (PCAM), Rezworth Burchenson, left that financial institution at the end of March for Prime Asset Management Limited, a subsidiary of the Matalon-controlled ICD group. There he has assumed the position of chief executive officer.
Interestingly, PCAM manages the Sigma suite of unit trusts which was once a part of Sigma Unit Trust when the latter was managed by the ICD Group.
Another recent move was made in the Mayberry Investments camp. There, investment analyst Keisa Ansine resigned as head of research at Mayberry and moved over to the research department of Jamaica Money Market Brokers.
And First Global Financial Services lost their vice-president for Mutual Funds, Oliver Chen. The Financial Gleaner understands that he has taken up a consulting position with CI Fund Management Inc, a mutual fund company headed by Jamaican/Canadian billionaire Raymond Chang.
