Jaycinth Hall Tracey is set to step down as Managing Director of Lasco Financial Services at the end of this year.
It's reported that Mrs Hall Tracey will leave the post on December 31, bringing to a close nearly two decades of service with the company.
During her tenure, she oversaw significant growth — including the expansion of the company's remittance, microfinance, and digital operations, and under her leadership, revenues peaked at J$2.5 billion in 2020.
In recent times, though, the company has been hit by financial headwinds.
Net profits fell sharply from $306 million in 2022 to just $58.6 million as at March this year.
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