JMMB News

The inaugural JMMB Joan Duncan Foundation conference, which took place recently, was an energy-field for the nearly 900 transformational leaders and ‘leaders in the making’, who chose to participate in the all-day conference, at the invitation of the Foundation, having been beneficiaries of its support.  The event was held at the Jamaica Conference Centre, under the theme, ‘Writing our One Love Story’. 

The regional financial entity, JMMB Group, recorded a net profit of J$4 billion, for the nine-month period ending December 31, 2019, which is a 33% increase, year-over-year.  Additionally, the Group posted a net operating revenue of J$17.38 billion, which is an increase of 26%, compared to the corresponding prior period. 

The JMMB Joan Duncan Foundation is targeting approximately 1000 individuals, who are beneficiaries of the Foundation and are a part of: community groups, youth organizations, non-governmental organizations and educational institutions, for its inaugural conference; slated for Saturday, February 1, at the Jamaica Conference Centre, under the theme, ‘Writing our One Love Story’.  

Karl Townsend, chief country officer (Jamaica) of JMMB Group Limited’s capital markets unit, announced that JMMB Securities Limited has been engaged by Alliance Financial Services Limited (AFSL) to be the stockbroker and financial advisor for AFSL’s upcoming initial public offer (IPO), on the main market of the Jamaica Stock Exchange, subject to regulatory approval for the JSE. The announcement took place at the Jamaica Stock Exchange Capital Markets Conference held at Jamaica Pegasus Hotel last week, (January 22), during the opening breakfast session.