Business in brief: C&W names Garfield Sinclair head of Caribbean

Ogier volunteers pack bags at the Meals On Wheels kitchen in George Town.
Garfield Sinclair, president-Caribbean for Cable & Wireless Communications

Cable & Wireless Communications has appointed Garfield “Garry” Sinclair as president-Caribbean for Cable & Wireless Communications, effective Jan. 1. He has responsibility for operations in 15 territories across the region, including C&W’s Jamaica, Trinidad and Barbados markets.

John Reid, chief executive of C&W, said, “Our business is entering a new phase of its development and evolution, and I am excited about the expertise, experience and passion for customers that Garry brings to what is a critical role.”

As head of the Caribbean, C&W said Mr. Sinclair will be responsible for the strategic execution, financial performance and reputation of the Caribbean business, developing the company’s growth opportunities, in particular triple-play, mobile data and fixed-mobile convergence, and capturing the growing demand for business-to-business services.

For the past seven years as CEO of Cable & Wireless Jamaica, he has grown the mobile subscriber base from 200,000 to almost 1 million customers, a press release states.

Mr. Sinclair was previously president and COO of investment bank Dehring Bunting & Golding. He also occupies a range of board appointments which include financial institutions, youth empowerment and the Jamaica Football Federation.

HSM appoints head of Private Client & Trusts

Robert Mack

Robert Mack is the new head of Private Client & Trusts at HSM Group.

He previously worked at international law firms in the Cayman Islands and London and was most recently head of Private Client & Trusts at Mourant Ozannes in the Cayman Islands.

He specializes in private and commercial trusts including purpose/STAR, reserved powers, unit, charitable, and fixed interest trusts. He also has expertise in wills and all matters concerning the administration of estates.

He was admitted as an attorney in the Cayman Islands in 2007. Since 2010, Mr. Mack has been a member of the local branch of the Society of Trusts and Estate Practitioners where he is the branch secretary. He sits on the STEP legislative review subcommittee, which works with the government to implement and improve legislation related to the trusts and private client industry. He also holds a TEP designation.

Ogier volunteers pack bags at the Meals On Wheels kitchen in George Town.

Ogier donates groceries to elders in need

More than 200 older people have received special bags of pantry staples this season, thanks to a partnership between Ogier and Meals on Wheels.

Meals on Wheels has been serving the elderly across Grand Cayman since 1997 from kitchens in George Town, Bodden Town, East End and North Side.

This year, Ogier became a major sponsor of the organization, providing financial support and hundreds of hours of volunteer time for meal home deliveries and special events.

Beulah McField of Meals on Wheels said, “The Christmas holiday season can be a particularly difficult and lonely time for our seniors. We reached out to the community seeking support and Ogier answered the call once again.”

This year, Ogier has provided 215 bags of groceries for the initiative.

CIBC FirstCaribbean donates to charities

CIBC FirstCaribbean Cayman Islands Managing Director Mark McIntyre recently presented Cayman HospiceCare with a check for $7,500, proceeds from the bank’s annual fundraiser, Walk for Cure, in addition to the annual contribution CIBC FirstCaribbean makes to the organization.

The bank gave $3,600 to the Cayman Islands Crisis Centre in support of its Jingle Bell Walk/Run fundraiser.

CIBC FirstCaribbean made further donations to the Lions Club of Grand Cayman’s Needy Families Project and annual children’s Christmas party, and, through Hurley’s TV Ltd., to the Children & Family Services’ annual Christmas for Kids party.

Ronco Cayman supports education in Ghana

Cayman-based IT firm, Ronco has announced it will continue work with Children’s Helpers Worldwide to help fund the tuition of a young engineering student from Ghana.

Ronco will cover tuition fees for the Ghanaian student, Isaac, for his course at Cape Coast Polytechnic University, helping fund his second and third years there. The firm has been supporting Isaac’s education from the start of his studies at the university.

Darrell Hines, managing director of Ronco, said the company was honored to help Isaac pursue his dreams and achieve his personal ambitions.

“Education is the foundation for a life of opportunity,” Mr. Hines said. “We can’t wait to hear about Isaac’s continued success in his studies and we look forward to seeing what he achieves in the future.”

Ronco’s support of Isaac comes under the “Hand Up” initiative established by Ronco with the aim of assisting those in need locally and across the world, through relationships with various organizations, including U.K.-based Children’s Helpers Worldwide, Cayman Heart Foundation, the Women’s Crisis Centre and Save the Elephants.

Ogier teams advise on fruit giant takeover bid

Ogier has advised Sumitomo Corp on the BVI and Cayman law aspects of its recommended offer for Fyffes. The offer values Fyffes at 751 million euros (US$780 million).

The takeover offer is still subject to approval by Fyffes shareholders. However, Sumitomo Corp has received the irrevocable support of shareholders representing just under 25 percent of Fyffes’ issued share capital.

Fyffes, best known for its banana business, also produces and distributes pineapples, melons and mushrooms. The proposed deal will merge the largest banana distributors in Asia and Europe.

The parties hope to close the deal before the end of March.

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