Board of Directors

Hon. Lascelles Chin, O.J, C.D.

Chairman Emeritus

Recipient of the Order of Jamaica for his philanthropy and contribution to the development of commerce and business, Lascelles A. Chin is the Executive Chairman of LASCO Manufacturing Limited, LASCO Distributors Limited and LASCO Financial Services Limited.

This Jamaican born entrepreneur who ventured into the field of business and commerce over 50 years ago, found opportunities in a variety of sectors; the import of spices and teas, sale of adhesives through his partnership with Henkel, furniture manufacturing, data processing, car rentals, horticulture, insurance brokerage, hair products, soya oil refining, and chicken processing. As a result of his wealth of knowledge, business experience and always being mindful of his humble beginnings, the Chairman has constantly sought to develop and distribute affordable products.

He shares his ideas aid energy with business colleagues and has contributed to prominent Jamaican organization such as the Jamaica Industrial Development Corporation, The Jamaica Exporter's Association and the Jamaica Promotions Corporation (JAMPRO). He is a Director of the University of the West Indies' School of Nursing Advisory Board and the Kings House Foundation

Some of the accolades/achievements gained by Hon. Lascelles A. Chin are:

• 2016 – Recipient of Honorary Doctor of Humane Letters Degree (DHL) from Northern Caribbean University
• Recipient of Lifetime Achievement Award, American Chamber of Commerce
• Recipient of the International Achievement "Peacock Award" from the American Friends of Jamaica in Miami, FL.
• Appointment as a Director of Bureau of Standards Jamaica
• 2015 – Recipient of Honorary Doctor of Laws Degree (LLD) from the University of Technology Jamaica
• Recipient of the International Federation Association of Consuls (FICAC) Medal of Distinction Award
• 2013 – Named MoneyGram Brand Ambassador for Jamaica
• 2011 – Inducted in the Private Sector of Jamaica's Hall of Fame
• 2009 – Recipient of Inaugural CVM People's Award
• 2008 – Most Admired Business Leader
• 2005 – Recipient of American Foundation for UWI Award – Outstanding Contribution to Business in the Caribbean & as a Caribbean Luminary
• 2004 – Recipient of Florida International University (FIU) Business Leader Award
• 2002 – Recipient of The Agri-Business Award from the American Soybean Association, for active involvement in the Soybean Industry. This award has only been won by multinational companies such as Dupont, Monsanto and Dow, Bayer, Ciba Geigy, Zeneca
• 2001 – Received the 4th highest civilian Jamaican recognition, the Order of Jamaica, in 2001 for his philanthropy and his contribution to the development of commerce/business
• 1986 – Conferred with the Honour of the Order of Distinction in the rank of Commander Class for outstanding services to Industry and Commerce

James Rawle, MSc, CD

Executive Chairman

Mr. James E. D. Rawle is the Managing Director of LASCO Manufacturing Limited and sits on the Board of LASCO Distributors as a Non-Executive Director. He did undergraduate studies in Natural Sciences at the University of the West Indies from which he also holds the Master of Science degree in Organic Chemistry. He brings to the Board a wealth of knowledge and experience, having served in various senior managerial positions, at one of the leading multinational food companies in the world for over 42 years. His extensive training in Organic Chemistry has been the base for his far-reaching work in manufacturing, new product research and development, as well as production and plant management. He also has extensive functional experience in brand management, sales, marketing, finance and strategy formulation and execution.

Mr. Rawle has been past Chairman of several Public entities, including The Board of the Bureau of Standards, The Scientific Research Council, The Natural Resources Conservation Authority, The Environmental Foundation of Jamaica, Nutrition Products Limited and The Cocoa Industry Board.

Jacinth Hall-Tracey, B.A (Hons.), M.B.A

Managing Director

Mrs. Jacinth Hall-Tracey has led the growth, expansion and transformation of the LASCO Financial Services Group for over 18 years. The company is a key industry player in the Remittance, Cambio and Micro loans industries and is now embarking on making a significant mark in electronic retail payment services, providing access to more financial services for the Company’s main customer base, the unbanked.

With over 31 years’ experience in leading teams including over 21 years developing companies in the financial services sector, Mrs. Hall-Tracey has acquired the insight and expertise to guide the strategic direction of the LASCO Financial Services Group.

Her other Board positions include LASCO Manufacturing Limited, LASCO Distributors Limited and LASCO Microfinance Limited. She holds an MBA from Herriot Watt University, Edinburgh Business School, a certificate in Director’s Strategic Guide to Corporate Governance and Leadership and in 2020 completed the Frankfurt Business School’s Certified Expert in Microfinance course and the Digital Shift Compliance Course from the Platinum Network.

Dr Eileen Chin, M.B.A

Non-Executive Director

Dr. Eileen A. Chin is a Non-Executive Director of the Company. Born in Havana City, Cuba, Dr. Chin holds a post-graduate degree in medicine from the Havana University School of Medicine. She specialized and taught histology from 1993 to 1998 at the Girón School of Medicine, and migrated to Jamaica in 1998.

Dr. Chin joined the LASCO Group of Companies in 1999 serving in several positions including marketing, product and label development, and international business development for Central and South American markets. She was appointed General Manager of LASCO Foods, LASCO Food (Successors) Limited, and LASCO Properties in 2008, and in 2010 she was appointed Managing Director of LASCO Manufacturing Limited where she implemented US 18M expansion of the Manufacturing facility. She served in this position until 2015.

Dr. Chin holds an MBA in Global Management and has received knowledge and skills development training in Advanced Negotiation, Risk Management, and Lean Six Sigma.

Dr. Chin currently serves as a member of the Board of Directors of LASCO Manufacturing Limited and LASCO Distributors Limited. She is also a member of the Portia Simpson Miller Foundation.

David Andrade, M.B.A, B.Sc.

Non-Executive Director

With an impressive career spanning more than two decades, David Andrade has established himself as a distinguished technology and business leader. As the Chief Technology Officer at Xponance®, David’s vision and expertise drive the development and execution of the company’s Information Technology platforms, applications, infrastructure, and solutions. His comprehensive understanding and application of Cloud and AI technologies have been instrumental in helping organizations achieve operational efficiency, enhanced customer experience, and substantial revenue growth.

Parallel to his role at Xponance®, David holds the position of General Manager at Aapryl, the fintech subsidiary of Xponance®. Here, his leadership spans sales, marketing, client services, legal matters, technology, operations, and administration. His efforts are sharply focused on significantly enhancing the revenue growth of the company’s software technology platform. Further demonstrating his entrepreneurial acumen, David co-founded Globe Leverage, a Swissbased private equity firm. His strategic vision has proven essential in assisting early-stage growth companies to establish and expand their presence in new markets.

This dedication to fostering innovation and entrepreneurial success is a cornerstone of his professional ethos. David’s extensive professional journey embraces diverse roles in Telecommunications, Financial Services, and Insurance sectors. His distinct focus lies in technology product development, sales, and marketing strategy. Previous positions include Chief Marketing Officer at Patriot National, Partner at Centric Consulting, and Founder & CEO of Pre8Us Inc., a digital marketing agency based in Fort Lauderdale.

David received his M.B.A from Columbia University’s School of Business and a B.Sc. in Engineering from the University of Pennsylvania. His commitment to continual learning is further demonstrated by his completion of the Insurance Executive Development Program at the Wharton School of Business and the Building Competitive Advantage Through Operations Program at Harvard Business School. His rich educational background, combined with practical experience, empowers David to drive technological innovation and business growth in the dynamic digital landscape.

Compton Rodney, BSc (Econ), FCA, FCCA

Non-Executive Director

A Chartered Accountant, a Fellow of the Chartered Association of Certified Accountants (U.K.), and a Fellow of the Institute of Chartered Accountants of Jamaica, Mr. Compton Rodney also holds a B. Sc. (Economics) degree from the University of London.

He is the Registrar of the Public Accountancy Board, Director of the Sports Development Foundation and chairman of its Audit and Human Resources Committees, and a member of its Finance Committee.

Mr. Rodney served as the Secretary/Treasurer of the American Chamber of Commerce (AMCHAM) for 28 years and as the Honorary Treasurer of the Jamaica Olympic Association for over 20 years. For many years he served as Vice-Chairman of the Kingston Technical High School Board of Management as well as the Chairman of the Multicare Foundation.

In 2009, Mr. Rodney was awarded the Distinguished Members Award from the Institute of Chartered Accountants of Jamaica.

Mr. Rodney also serves as a Director on the Board of LASCO Manufacturing Limited.

Colin Maxwell, FCCA, FCA

Non-Executive Director

Mr. Colin Maxwell was appointed Non-Executive Director to the Board of Directors of LASCO Distributors Limited effective from January 26, 2018 to present. He is also the Lead Independent Director and Chairs the Audit and Risk Committee and the Corporate Governance Committee. Mr. Colin Maxwell was appointed to LASCO Financial Limited's Board of Directors on May 8, 2020.

Mr. Maxwell brings a wealth of knowledge and experience to the Board with over 37 years' experience in Public Accounting. He has worked with PricewaterhouseCoopers having joined the firm in 1978 and in 1991 he was admitted partnership.

Mr. Maxwell served as the firm's Managing Partner, Assurance Leader, Risk Management Partner and Learning and Education Partner. On the 1st of July, 2011, he became Jamaica's Territory Senior Partner until his retirement on June 30, 2015.

Mr. Maxwell was a pioneer in computer audit in Jamaica, having been trained as a computer audit specialist in Canada and the United Kingdom, early in his career. He had also done a short tour of duty in Canada. Mr. Maxwell is a former member of the Company's Law Reform Committee of the Institute of Chartered Accountants of Jamaica. He has presented papers at seminars on topics such as computer assisted auditing techniques and the audit implications of new banking regulations. He has had extensive experience in leading audit engagements for a wide range of clients across varying industries.

Mr. Maxwell is a graduate of the College of Arts Science and Technology (now University of Technology) where he received a Diploma in Accounting (Hons.). Continuing his studies and gaining experience, he became a Fellow of the Association of Chartered Certified Accountants based in the United Kingdom and the Institute of Chartered Accountants of Jamaica.

Mr. Maxwell currently serves as a Non-Executive Director of the following entities:

• CUNA Caribbean Insurance Jamaica Limited
• CUNA Caribbean Insurance Society Limited
• CUNA Caribbean Insurance OECS Limited
• Broadcasting Commission of Jamaica
• Public Accountancy Board (Chairman)

Bevan Anthony Callam, FCIB, J.P.

Non-Executive Director

Bevan Anthony Callam is a seasoned banker with an impressive track record spanning many years at Scotiabank Jamaica. His diverse experience in the banking sector encompasses Operations, Finance, Branch Banking, Corporate and Commercial Banking, and Credit Risk Management. This extensive background equips him with a deep understanding of the banking industry and its various facets.

Core Qualifications

• Expertise in analyzing business financial statements and cash flow.
• Skilled in evaluating borrowers' business and industry, alongside monitoring key trends.
• Proficient in portfolio management, due diligence, and documentation.
• Adept at assessing credit risk, including the probability of default, and recognizing potential problems.

Bevan's vast experience and qualifications make him a valuable asset, particularly in areas requiring deep financial analysis and risk management expertise. His contributions are a testament to his commitment and skill in the banking sector.

Vincent Chen

Non-Executive Director and Company Secretary

Mr. Vincent Anthony Chen holds the position of Director and Company Secretary for all the LASCO Affiliated Companies – LASCO Distributors, LASCO Manufacturing and LASCO Financial Services Limited. He serves as General Counsel/ Chief Legal Officer at all three companies. Mr. Chen’s duties include ensuring that the Companies abides by the standard legal and financial practices along with maintaining Corporate Governance.

Mr. Chen has over 45 years of experience in the field of law having successfully passed the solicitors qualifying examinations set by the LAW Society in England and having passed the common law examinations administered by Osgoode Hall Law School in Canada. He is a partner at the law firm Chen, Green and Company as well as a Notary Public for Jamaica. He qualified as a Barrister and Solicitor in British Colombia, Canada and as a Solicitor of the Supreme Court in England. He appears regularly in the Supreme Court, The Court of Appeal and the Privy Council in civil litigation involving commercial matters.

Mr. Chen is a part of the Board of Directors for the Level Bottom Farms and Supplies Limited, and Vanda Limited. He formerly served as the Chairman of Salada Foods Jamaica Limited. His hobbies include boating and playing cricket, being a proud member of both the Kingston Cricket Club and The Royal Jamaica Yacht Club. He is a member of St. Luke’s Church where he serves as the Rector’s Warden and serves as a member of the Diocesan Council – Diocese of Jamaica and the Cayman Islands and a member of that Council’s Finance Board. He is married to Helen and has two daughters.