There has been a reorganisation of the Board of some of the subsidiaries of the JMMB Group.
It says it's changing the membership and structure of the Board of Directors for greater efficiency and to further strengthen corporate governance.
Several directors have resigned from the Board of Jamaica Money Market Brokers effective April 15.
They are Dr. Anne Crick, Donna Duncan Scott, Wayne Sutherland, Rodger Braham and Hugh Duncan.
In the meantime, Keisha Forbes has resigned from the Boards of JMMB Securities and JMMB Money Transfer while Paul Gray has resigned from the Board of JMMB Fund Managers and Sheldon Powe has stepped down from the Board of JMMB Fund Managers.
JMMB Group has appointed independent directors to some of its subsidiary boards.
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