SPU Head appointed Chairman of GuySuCo

The Board of Directors of the Guyana Sugar Corporation (GuySuCo) has been approved.

In a full-page advertisement in the newspapers today by the National Industrial and Commercial Investments Limited (NICIL), it was revealed that Head of the Special Purpose Unit (SPU), which was established to divest the assets of the sugar corporation, Colvin Heath-London was appointed the new Chairman of GuySuCo.

NICIL said Heath-London has a wealth of experience in Consultancy/Advisory positions with a focus on business turnaround and has also worked in executive management positions on multi-billion dollar projects in the Caribbean, China and the Middle East, among others.

The other members of the board are Agricultural Statistician, Research Agronomist and current Diversification Specialist with the SPU, Fitz Mclean; Chief Executive Officer of Gaico Construction Inc., Komal Singh; Financial Analyst at the Ministry of Finance, Verna Adrian; previous GuySuCo Director, Vishnu Panday; President of the National Air Transport Association, Annette Arjoon; Attorney at the SPU’s parent company –NICIL, Arianne McLean; Consultant, Roshan Khan and Director of the Agriculture Sector Development Unit at the Ministry of the Presidency, George Jervis.

There are two other persons who are required from the sugar corporation’s executive to make up the full complement of the board. Those persons NICIL said, will be named when their appointments are confirmed.

The Board of Directors was approved by Cabinet at its February 26, 2018, meeting and took effect on March 01, 2018.

The life of the board will expire on December 31, 2019.

The life of the previous GuySuCo board came to an end on February 14, 2018.