The jury is still out on whether retired CLICO Holdings chairman Leroy Parris or the company’s current management will have a role in any company that replaces CLICO International Life Insurance Limited (CIL).
But the judicial manager and at least one Caribbean prime minister have suggested there be new leadership if regional governments accept a recommendation to provide funds to create the new entity.
Oliver Jordan of Deloitte Consulting told the SUNDAY SUN that it was too early to say who would run the new company, or what structure it would take.
However, he stressed that in order for a restructured CIL to survive, it would need fresh faces to inspire confidence.
Read the full story in today’s SUNDAY SUN.
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