Who will now head GAM?
It is yet to be determined what role if any the current President of GAM Lisa Gomes will play after serving ten years as head of the investment house or whether she will return to Trinidad. She has grown GAM during her tenure making it a force to be reckoned with. Last year GAM posted net profits of J$463 million as opposed to J$187 million the previous year. Total assets for the year ended December 2009 came to J$23 billion, J$2 billion more than the previous year. Gomes may well be in line for a big promotion or may find herself climbing the executive ladder at Guardian Holdings back in Trinidad. There is speculation that Kim Edwards may be given the nod and be promoted to the top job at GAM. Committed to Jamaica Mack steered clear of who would likely head GAM but did say, ” I would like to emphasise here we do not want the sale of GAM to be viewed at all as any kind of indication that we are not committed to Jamaica. We see ourselves as a Caribbean company and within our home market
