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PROVEN Bids Farewell to Director Yvor Nassief

PROVEN Bids Farewell to Director Yvor Nassief

PROVEN Investments Limited (PROVEN) advises that Mr. Yvor Nassief has tendered his resigned from its Board of Directors as well as that of its Banking Subsidiary company Boslil Bank Limited effective January 31, 2022.

Mr. Nassief having served in his capacity as a non-executive independent director since PROVEN’s inception over 12 years ago, brought his vast experience with yeoman service as an established businessman and former regional Senator. This was leveraged to support the guidance of PROVEN where he also served as member of the PROVEN Audit Committee.

Dr. The Hon. Hugh Hart Chairman of PROVEN said, “On behalf of the Board of Directors and all stakeholders, we thank Yvor for his tremendous contribution and service to PROVEN and wish him success in his future endeavors. PROVEN’s beginnings and continued performance were made possible with his support, and we have grown over the years into an established Caribbean Investment Holding Company with a bright future for additional growth.”

Mr. Nassief responded that “I am proud to have served and played a role in the company’s development and to have worked with an industrious organization and people. It has been a great relationship and I wish PROVEN all the very best and will look forward to watching its continued success.”

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About PROVEN Investments Limited

 

PROVEN Investments Limited (PIL/PROVEN) is the Caribbean’s premier “Income & Growth Strategy” Investment Company, built on the solid reputation of providing investors with safe and consistent returns on their investments. The company’s main objective is to provide shareholders with consistent returns, through a diversified portfolio of regional and international investments spread across three main investment strategies. PROVEN’s core investments include a portfolio of banking and wealth management companies with operations throughout the Caribbean, mainly in Jamaica, Cayman, St. Lucia, Bermuda and the British Virgin Islands. PROVEN has also created additional value and diversification for its shareholders by identifying and securing private and publicly traded, equity and debt positions in well established companies throughout the region and internationally which have the potential for enhanced levels of growth and return over the short to medium term. PROVEN’s Real Estate investments span both residential and commercial developments and are complemented by the consistent returns from our portfolio of commercial rental properties.

PROVEN Subsidiaries & Associated Companies: BOSLIL Bank Limited in St. Lucia with rep offices in Panama and Uruguay; International Financial Planning (Cayman) Limited (IFP); PROVEN Wealth Limited; IFP Limited, Jamaica (formerly PROVEN Fund Managers Limited); PROVEN Real Estate Investment Trust (PREIT); Access Financial Services Limited; JMMB Group Limited; and Roberts Manufacturing Limited.

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