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16
Sagicor Financial Corporation
difficulties. Your Board and Management will continue to monitor developments closely and take prompt action whenever
necessary. Our operations are diversified and profitable, managed by competent, professional Management and Staff and
an engaged Board of Directors.
Following the retirement of Mr David Allan at the Annual Meeting, in June last year, Mr John Shettle, Jr, was elected to fill
that vacancy. Mr Shettle, a citizen of the United States of America, has been a Director of Sagicor USA and a number of
subsidiaries within the Group. He has over 20 years' experience in senior management positions in the property/casualty,
health and insurance related services industry. We welcome him to the Board of Sagicor Financial Corporation.
Before closing, I wish to acknowledge the contribution of one of your Directors, Dr Oscar Jordan, G.C.M. who will be
retiring at our Sixth Annual Meeting. Dr Jordan has been a Director since 1990 and was a member of the Corporate
Governance Committee for the last 5 years. Quietly, modestly, and with grace and dignity, Dr Jordan has rendered faithful,
conscientious and valuable service to our Company. On behalf of my fellow Directors, Management and Staff, we thank
him for his nineteen years of service and extend best wishes in his retirement.
I wish to thank my fellow Directors, Management and Staff for their contribution during 2008, and extend special thanks to
our Customers and Shareholders for their continued confidence in the Sagicor Group.
We wish to assure you that your Board and Management are confident of our future.
TERRENCE A MARTINS
Chairman