Courtney Campbell to succeed Richard Powell as VM President and CEO

Added: 14 Jan 2016

Courtney Campbell will become Victoria Mutual Group’s President and Chief Executive Officer, effective April 18, 2016, succeeding the soon-to-be retired Richard Powell.

VM announced the appointment of Campbell in a press release on Thursday afternoon. GraceKennedy earlier announced the resignation of Campbell as CEO of GraceKennedy Financial Group and First Global Bank effective January 31.

Michael McMorris, Chairman of the VM Board said, “Since 2005 we have been extremely fortunate to have the invaluable leadership of our current CEO, Richard K Powell. With Richard’s upcoming retirement, we were determined to find an equally outstanding leader; someone with impeccable credentials to effectively lead our formidable executive team with both dynamism and prudence.  Mr Campbell possesses those credentials and has demonstrated a talent for developing customer-centric growth strategies which will serve uswell inour relentless commitment to enhancingMember value and the Victoria Mutual customer experience.”

Campbell is an accomplished executive with many years’ strategic leadership experience and strong operating skillsin banking, investments, insurance and money services.  Over the course of his career, he has held several senior executive positions, including,most recently, Chief Executive Officer of First Global Bank and Chief Executive Officer of GraceKennedy Financial Group.

Prior to the Grace Kennedy Financial Group, he was the General Manager of Retail Banking at National Commercial Bank.

Campbell is a graduate of the University of the West Indies with a BSc in Management Studies. He has an MBA in Finance (Distinction), jointly awarded by University of Wales and the Manchester Business Schooland is an Associate of the Chartered Institute of Bankers, London. He is Chairman of the National Education Trust.

“Mr Campbell’s breadth of experience and track record perfectly suit our needs as we continue our growth as a diverse financial group with businesses in savings and mortgages, real estate services, wealth management, pension fund management and money transfer services,” said McMorris. “As we bid a heartfelt farewell to Richard and welcome Courtney, we are energized about the future of the Group and confident that Victoria Mutual will continue to play an ever essential role in the lives of Jamaicans and their mission of achieving Financial Independence.”

See related story: GraceKennedy Financial CEO Courtney Campbell resigns