Bios of Board of Directors and Managers
John Wight is President & CEO of BF&M Limited, a publicly traded company on the Bermuda Stock Exchange. He is also a director of BF&M.
Mr. Wight has 35 years of experience in the financial services sector in Canada and Bermuda. Prior to becoming President and CEO of BF&M in 2005, he held the position of Executive Vice President & Chief Financial Officer. He started his professional career with Ernst & Young in Montreal before transferring to Coopers & Lybrand (now PWC), in Bermuda. He holds professional designations as a Chartered Professional Accountant and a Chartered Property Casualty Underwriter.
Mr. Wight is the President of the Chamber of Commerce, a Council Member of the Bermuda Stock Exchange, and a member of the Ministry of Finance Insurance Advisory Committee. He is a past Chairman of CPA Bermuda and a past President of the Bermuda Insurance Institute. He is also a director for several companies, including HSBC Bermuda and Chairman of Bermuda Container Line. He just completed a two year term working on a select committee for CPA Canada on establishing rules and regulations for public liability requirements for professional accountants in Canada.
Mr. Wight has a Bachelor’s Degree in Commerce, with a major in Accounting from Concordia University in Montreal Canada. He also received a graduate degree in Accounting at Concordia prior to earning his Chartered Accountant Designation.
Juanita has served as a Director of the Insurance Corporation of Barbados Limited (ICBL) and its predecessor Insurance Corporation of Barbados (ICB) since October 24, 2001. She was appointed Vice Chairman of the Board of ICBL with effect from March 31, 2016.
She retired from the Barbados Public Service in 2014. Her last posting was that of Permanent Secretary, Investment, in the Ministry of Finance and Economic Affairs where her primary focus was the management of the Public Investment Unit and the Government of Barbados’ Public Sector Investment Programme. In this regard she was the main point of contact for the Inter-American Development Bank, the Caribbean Development Bank and the European Union. She also chaired a technical subcommittee with regard to the World Bank Loan for HIV/AIDS.
A former United States Huber H Humphrey North-South Fellow, she holds a B Sc. (Hons) degree in Management Studies from the University of the West Indies, Cave Hill Campus, Barbados, an MBA from Boston University, United States of America, and is a Fellow of the Institute of Chartered Secretaries and Administrators of Canada. She also holds a Certificate in Project Implementation and Management, a Certificate in Pension Reform and the Crown Agents International Certificate in Pension Management.
She also received training from the International Trade Institute of Singapore, the Crown Agents Training Centre in the United Kingdom, York University’s Schulich School of Business, Canada and Harvard University’s Kennedy School of Government.
Mrs. Thorington-Powlett served as a director of several Boards at various times during her career including the Boards of the Caribbean Development Bank, the Needham’s Point Group of Companies; the Barbados Tourism Investment Inc., Leeward Islands Air Transport (LIAT) (1974) Limited, the CARICOM Development Fund; the Barbados Water Authority; the Barbados Agricultural Management Company; Grantley Adams International Airport Inc., the National Productivity Council, and the Barbados International Business Promotion Company.
Head of the General Division and Deputy CEO
Goulbourne joined the company as Deputy Chief Executive Officer on January 3, 2012. He has over 25 years experience in general insurance having worked in underwriting, claims and reinsurance.
Prior to joining the Insurance Corporation of Barbados Limited (ICBL) he held the position of Vice President - Underwriting & Claims from June 2009 with BF&M Limited (Bermuda). He also held senior management positions in Barbados with other insurance entities; the most recent of which was Senior Vice President - Insurance Operations.
He is a Chartered Insurer and holds Fellowship designations from the Chartered Insurance Institute of the UK (FCII), Life Management Institute (FLMI) and the Financial Services Institute (FFSI) along with Associate designations in Reinsurance from the Insurance Institute of America, and in Customer Service from the Life Offices Management Association. He is also an Associate of the Chartered Institute of Secretaries and Administrators (ACIS) (UK). He also holds a Masters in Business Administration (Strategic Planning) from Edinburgh Business School.
Goulbourne is a Certified Fraud Examiner and a Certified Anti-Money Laundering Specialist. His hobbies include reading and gardening. He is married and has two children.
Paul Bernard Altman has been involved in the real estate profession for over thirty years. He is the Managing Director of Altman Real Estate, the Caribbean’s leading Real Estate Company. He has been at the forefront of developments in the luxury residential market: he was among those instrumental in the establishment of the Royal Westmoreland golf residential community; led the development of the highly successful Sugar Hill Resort; and helped to set the tone for resort communities in Barbados on a whole. He is at the helm of the development of the Limegrove Lifestyle Centre, Barbados’ first mixed-use centre. Limegrove’s commercial aspect comprises close to 100 retailers and restaurants, a nightclub and cinemas; the residential component is ongoing. Mr. Altman is involved in urban renewal programmes in Speightstown Holetown and Bridgetown. He is a Past President of the Barbados National Trust and led the development of two museums which are both linked to the Trust, the Nidhe Israel Museum in Bridgetown and Arlington Museum in Speightstown. Currently, he serves as Chairman of the Masonic Lodge Restoration and Preservation Trust.
Sir Paul serves as a Director of a number of listed Barbadian and offshore companies. He is Chairman of the Barbados Community Foundation, a private charity, and is also a Justice of the Peace.
Born in Barbados, Sir Trevor Carmichael attended Harrison College and the University of the West Indies (Mona, Jamaica) and pursued post-graduate studies in the United States. Called to both the UK Bar (Middle Temple, London) and the Barbados Bar, he has engaged in all facets of the law. He is a Member of the International Bar Association and Inter-American Bar Association, Committee Member of the Inter-American Bar Foundation and Associate Member of the Canadian Bar Association. He holds membership in the International Tax Planning Association and International Fiscal Association. He jointly established, and is Charter President of, the International Fiscal Association Barbados Chapter. For the International Bar Association, he was the Barbados Country Chairman of the International Litigation Committee on Business Law, and a former Deputy Secretary General. He is a Life Fellow of the Institute for Advanced Legal Studies in the UK, Life Member of the Commonwealth Magistrates and Judges Association, and Member of the International Law Association.
Sir Trevor is a frequent speaker on international, commercial and tax matters, and a prolific author. He serves as Panel Member for the World Bank (Washington), and is a Certified International Arbitrator with the International Centres for Arbitration. His civic contributions are substantial in numerous regional and international organisations, including the University of the West Indies and University of Miami. He also contributes to the OAS and United Nations.
Gordon has recently retired from a distinguished career at BMO Bank of Montreal where he was President and CEO of BMO Life Insurance Company with accountability for the bank’s creditor insurance, life insurance and reinsurance businesses. He is well acquainted with the Barbados business community having been Deputy Chairman of Barbados-based BMO Reinsurance Limited and its predecessor Bank of Montreal Insurance (Barbados) Limited since 1999. Before joining BMO in 1999, Gordon spent 17 years at Aetna Canada Holdings, the Canadian based subsidiary of Aetna Inc. of Hartford Connecticut. He held several senior executive positions with Aetna Canada including Senior Vice-President Individual Insurance Division; General Counsel; President & CEO, Aetna Casualty & Surety Company of Canada; and Chief Agent, Aetna Life Insurance Company. He holds an Honours B.A. in Economics (Summa Cum Laude) from McMaster University, Hamilton, Ontario and an LL.B. from Osgoode Hall Law School, Toronto. In 1982, he was called to the Bar of the Province of Ontario and is a member of the Law Society of Upper Canada.
Mrs. Jennifer Hunte is the acting Deputy Director of the National Insurance Department. She began her career in the private sector in Banking and Audit. In 1992, she entered the Civil Service where she has held the posts of Co-operatives Officer - Co-operatives Department, Chief Accountant - Ministry of Finance, and Financial Controller - National Insurance Department. She has also acted as the Director of the National Insurance Department.
Mrs. Hunte is a member of the Human Resources Committee and Chairperson of the Audit, Compliance and Corporate Risk Management Committee. Mrs. Hunte holds a BSc. Accounting from the University of the West Indies, Cave Hill, is a Fellow of the Institute of Chartered Secretaries and Administrators, Canada (FCIS) and a recipient of the Certified General Accountants Fellowship Award (FCGA). She has completed the Directors’ Education and Accreditation Program and has been awarded the designation Acc. Dir. Accredited Director. She has served on the Boards of Public Companies in which the National Insurance Board has an investment interest. She is a member of the Institute of Chartered Accountants of Barbados and of the Certified General Accountants Association of the Caribbean.
Non-Executive Director and Independent Director
Ms. Jones is an attorney-at-law who has specialized in Corporate and Real Property law during her 25 year plus career. She currently the Principal Legal Officer at one of the largest statutory corporations in the island, providing a civil practice inclusive of litigation. Additionally she has headed up the Corporate Secretarial practice of one of the major public accounting firms and for a subsidiary of a leading U, S based Bank Her responsibilities in this area included providing corporate secretarial and administrative services to her clients and was involved in the preparation of a prospectus for the public offering of securities.
Ms. Jones served as General Manager and or Head of Business for a number of international business companies. As well, she headed up the marketing division of a local company as well as serving as a director and the corporate secretary. She also served on the Barbados Board of Tourism in the early 1990's.
In each role she gained significant insight in understanding the financial statements of those business units as well as her clients. She draws on her corporate law and administration background to ensure proper compliance with law and reporting practice.
Non-Executive Director and non-independent Director
Mr. Watchorn is an actuary by profession and a Fellow of the Canadian Institute of Actuaries and the Society of Actuaries. As part of this training he completed a course in insurance accounting. He was in charge of all Sun Life's business in Canada for 8 years and during this time one of his direct reports was the CFO for Canada. Since leaving Sun Life, Mr. Watchorn has joined a number of corporate Boards and he has chaired or currently chairs the Audit Committees of Equitable Life of Canada, BF&M Limited and Island Heritage Ltd. Mr. Watchorn has also served on or chaired the Audit and Finance Committees of a number of not-for-profit organizations. He currently teaches an insurance course in the MBA programme at York University. One of his lectures focuses on insurance company accounting.