Thu | Aug 24, 2017

Gooden is new president of the Securities Dealers Association

Published:Monday | February 6, 2017 | 2:56 PM
Steven Gooden

Chief executive officer of NCB Capital Markets Limited, Steven Gooden has been elected president of the Jamaica Securities Dealers Association (JSDA), effective January 31, 2017.

He succeeds Julian Mair of Jamaica Money Market Brokers, the new first vice president of the Association.

The JSDA’s second vice president is Rohan Miller of Sagicor Investments Jamaica Limited; treasurer, Claudette Crooks of MoneyMasters Limited, and secretary is Chorvelle Johnson of Proven Wealth Limited.

A release quoted outgoing president Mair as saying that 2016 was a continuation of efforts of the past two years at a time where substantial industry focus was captured in the International Monetary Fund (IMF) agreement, with a series of structural benchmarks targeted specifically at the securities industry. 

He said there were some successes through the JSDA’s lobbying efforts, but they will face new challenges in 2017. 

Gooden acknowledged the hard work of his predecessor, who he said has ensured that the securities dealers remained relevant despite the numerous regulatory changes experienced over the last year. 

Lobbying efforts will be continued on all matters relating to the securities industry to ensure they play an active role in the growth of the economy, he said. 

The JSDA came into existence on September 11, 2002 and represents 16 securities dealers with offices throughout Jamaica and elsewhere in the Caribbean.

- mcpherse.thompson@gleanerjm.com