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Richard Byles the former group CEO of Sagicor led the meeting through the company’s performance for the 2016 financial year. According to Mr Byles, the company had a good year in 2016 as revenue grew by 9%. He further noted that revenues have grown five folds over 11 years. The success of the company was attributed to the over 1,500 outstanding staff members as per Mr. Byles. Moving to shareholders equity, Mr Byles commented, “this year it has grown quite strongly; last year we had some impairment to securities and investment assets which result in flat equity.” The group’s efficiency
