The Jamaica Stock Exchange recently marked a significant milestone with the 20th installment of the Best Practices Awards, held at the AC Hotel in Kingston on Tuesday, December 3. The prestigious event recognized outstanding achievements in the financial sector, with top honors going to some of the country’s leading companies.
Key Highlights of the Best Practices Awards:
- Scotia Group Jamaica Limited received the esteemed Governor General’s Award for Excellence in the Main Market category, while Fosrich Limited and Honey Bun (1982) Limited shared the top award for the Junior Market.
- NCB Capital Markets Limited clinched the Chairman’s Award among Member Dealers (Brokers), showcasing their commitment to excellence in the industry.
Dr. Marlene Street Forrest, the Managing Director of the Jamaica Stock Exchange, emphasized the importance of the Best Practices Awards in showcasing the resilience and innovation of listed companies and broker members. Highlighting the challenges facing the global economy, she stressed the significance of best practices in governance, reporting, risk management, and customer engagement in driving sustainable growth and stability.
Looking towards the future, Chairman Stephen Whittingham announced the introduction of two new categories for the 2025 awards, recognizing the CEOs of the year from the main and junior markets. He emphasized that the Best Practices Awards represent more than just a competition among companies but also reflect the core values of the Exchange and its impact on national development.
Professor Neville Ying, Chairman of the Best Practices Awards, reflected on the incredible journey of the awards over the past two decades, noting the remarkable progress in leadership, profitability, and customer satisfaction among listed companies. He highlighted the importance of aligning with international best practices to support Jamaica in achieving the United Nations Sustainable Development Goals by 2030.
In conclusion, the Best Practices Awards serve as a testament to the dedication and excellence of companies within the financial sector, setting a high standard for industry best practices. Under the patronage of His Excellency Sir Patrick Allen, Governor General of Jamaica, the awards continue to drive innovation, collaboration, and leadership in the financial ecosystem.
For more information about the Best Practices Awards and the latest winners, please reach out to the Jamaica Stock Exchange’s Marketing and Communications Manager, Mr. Neville Ellis, at 876-967-3271 / 876-322-0984.
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