New boss for LIME Jamaica
Published:Sunday | October 3, 2010 | 12:00 AM
LIME Jamaica said Friday that country manager Geoff Houston, whose portfolio spans Jamaica and Cayman, will be leaving the Jamaica business to head up a mergers and acquisitions team "dedicated to assessing expansion opportunities and expansion implementation for LIME in the Caribbean".
Garfield Sinclair, a former investment banker and the current managing director for LIME's customer segments, has taken over from Houston with effect Friday, October 1.
Houston's tenure ran for two years, just about the average tenure for LIME CEOs in Jamaica, where the telecoms is focused on refreshing its leadership in a highly competitive market.
LIME said during his time, Houston oversaw "the roll-out of 3G, broadband expansion, and stabilisation of the mobile network", and new efforts to reconnect to clients with initiatives such as mobile TV.
LIME Caribbean boss David Shaw said Houston had "stabilised" the Jamaican business, though he was leaving with the company still bleeding billions, with losses of J$3 billion on operations recorded at year-end March 2010.
"His experience in assessing turnarounds and positioning for growth makes him ideally suited to the task of seeking out expansion opportunities for LIME," the company statement said.
Sinclair joined LIME in March 2010 from a previous position as president and chief operating officer for Dehring, Bunting and Golding until the principals sold out their holdings to Scotiabank in 2006.
"He will lead the Jamaica and Cayman businesses into a new phase of aggressive growth through consistent product and service innovation, an expanded sales network, and direct focus on creating consistently winning customer experiences," LIME said.