tTech » Mr. Richard Downer

Mr. Downer is the Company’s Board Member in accordance with the rules of the Junior Market of the Jamaica Stock Exchange. He has responsibility for advising on the implementation of adequate procedures, systems and controls for financial reporting, corporate governance, timely disclosure of information to the market, and general compliance.

Mr. Downer is a former Senior Partner of PricewaterhouseCoopers in Jamaica. He currently serves as a Director on the Board of Sagicor Group Jamaica Limited and Sagicor Life Jamaica Limited and as Chairman of their Audit Committees and as a member of the Investment Committee. Mr. Downer is also the Board Mentor of Dolphin Cove Limited and a member of the Rating Committee of cariCRIS Limited.

He has served as Executive Director of the Bureau of Management Support in the Office of the Prime Minister of Jamaica and initiated privatization of several large public enterprises in Jamaica through public share offers for which he was awarded the Order of Distinction with the rank of Commander, and has advised the governments of sixteen other countries on privatisations. He has served on a number of other private and public sector boards including the Bank of Jamaica and as Chairman of the Coffee Industry Board for eight years.

Mr. Downer was educated at Munro College (and inducted into its Hall of Fame) in Jamaica, Eastbourne College, Sussex, England and McGill University in Montreal, Canada and qualified as a Chartered Accountant in Canada. Mr. Downer is a Fellow of the Institute of Chartered Accountants of Jamaica and a recipient of its Distinguished Member Award.