Antigua St. John's - ABI Holdings investors voted on Tuesday to remove the board of directors, during a shareholder-requisitioned Annual General Meeting (AGM).
The dismissed board was comprised of Deputy Governor General and owner of Francis Trading Sir Eustace Francis KCN, OD; Bradley Lewis, owner of Lics Limited and South Coast Horizon; Michael Pigott, chairman of Tranquility Bay; Irving Edwards, owner and managing director of Kennedy’s Hardware; Astron Jarvis, chairman of Jolly Beach Resort; and APUA Chairman and Managing Director of Caribseas Ltd Clarvis Joseph,
The newly appointed board comprises Evelyn Sheppard, Eugene Abbott, Diane Camacho, Tony Hadeed, Philbert Mason, McAlister Abbott, and Jacqueline Walwyn.
The Eastern Caribbean Central Bank (ECCB) took control of the ABI bank in July 2011, after the institution was unable to meet statutory and other obligations. In making the announcement, Prime Minister Baldwin Spencer appealed to the nation for patience, faith, and support as the government works along with the ECCB to help resolve the issues involved.
17 Comments In This Article
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silvia andrea
credit cards
silvia andrea
CREDIT CARD
SILVIA ANDREA
It's a family affair #2
Observer..
It's a family affair #1
Observer..
RE: ABI Shareholders Take A Stand
labourite
truth
jasper
Local Owners!
Be reminded that GoAB infused ABIB with $40.0M for which they received a most severe Caning & Detention - funds have been withheld - from the IMF.
The Lady Senator, former Chair & Legal Beagle, sings a good song, always votes with her adopted class interests is safely in charge of the Bosun's Whistle on the Bridge.
Rastas, The ImF has listed two critical issues, ABIB & Social Security! Forget all the dissonace from the Scientist, Chairs & other deckhands.
Ah who Run Tings? The WB's, IMF & IFC which is housed in the Good Hon. Dr. PM's Office. On Fiscal Adjustment, The IMF's Mr. Wayne Mitchell, based at the EECB, keeping an ever watchful eagle's eye on ABIB, has submitted recommendations for reforms which are also necessary to strengthen the finances of the Socail Security Scheme (10% and 65yrs). On Structural Reform, WB & their Norh Atlantics' Consultants are working with the Negroes to build Capacity.
Oh Gad!Pray Fuh Mi Picknees!
John French II
Wiser
Depositors received updates from PWC that the report were submitted to the FSRC. The FRSC extended the appointment of PWC
The healer
RE: ABI Shareholders Take A Stand
UNITED STATES
RE: ABI Shareholders Take A Stand
Sad But True
Salad Dressing.
Observer 2
RE: ABI Shareholders Take A Stand
Truth Be Told
Log overdue
Me
@ Ashe
Jimmy
RE: ABI Shareholders Take A Stand
Cool Ruler
Chuuuuptz
Tel Aviv
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