BARBADOS will be losing Sagicor Financial Corporation’s non-operating holding company to either Trinidad and Tobago, Britain or Bermuda.
Sagicor’s president and chief executive officer Dodridge Miller announced yesterday that the company had shortlisted the three jurisdictions, and that the chosen one would be recommended to the group’s board of directors by the middle of next month.
Speaking from Trinidad via a video conference, Miller said: “We expect that by the middle of May that analysis will be completed and a recommendation made to our board. Thereafter the board will have to present this to the shareholders in a special meeting and we estimate that this could be completed by the first quarter of 2016.” (SC)
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