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Executive Team

Carolyn DaCosta - Group Compliance Manager and Company Secretary

“Each day, all that we do is pinned on one primary focus, your protection; on that, we do not compromise.”

Carolyn has provided the JMMB Group with two decades of stellar service, beginning her stint in 1995 as a Branch Supervisor. Since then, she has held several senior positions including Branch Manager for JMMB's flagship location, Settlement Manager, Technical Operations and Compliance Manager.

She has operated in the role of Group Company Secretary since 2008. In this capacity, she has overarching responsibility for ensuring that the organisation complies with standard financial and legal practices and maintains the defined standards of corporate governance. As such, she oversees the establishment, implementation and monitoring of the Group's compliance and regulatory framework.

In keeping with JMMB's commitment to effective corporate governance, she ensures the compliance of all relevant statutory and regulatory requirements, as well as the management of the internal audit process, monitoring changes in relevant legislation and the regulatory environment and taking appropriate action.

Carolyn's professional qualifications include a Bachelor of Laws from the University of London, A Bachelor of Arts from the University of the West Indies, and an MBA in Finance from the Manchester Business School. Additionally, she is a Fellow Member of the International Compliance Association and a Justice of the Peace for the parish of St. Catherine.

Claudine Tracey - Group Chief Strategy Officer

“We do our best to create value, by providing expert strategy management services to the Group; we win, when you win.”


Damion Brown - Group Risk Manager

“Knowing that you place your financial future in our hands is a responsibility that we take very seriously.”

Damion's 10-year journey in finance has been one led by passion and delivered with purpose. Always possessing a keen interest in finance and how it enables economic growth and improvements in people's lives, Damion has built a career that is defined by strong technical expertise in risk and macroeconomic analysis and investment management.

As Group Risk Manager, he possesses certified skills and vast experience in the industry, starting with his first professional assignment as an Economist at the Bank of Jamaica in 2003. This four-year position prepared him well to enter the unique world of investment at JMMB, as an Investment Strategist in 2007.

Within a year, Damion was appointed Market Risk Manager and, following a three-year hiatus from the Group when he was Principal at the Bermuda Monetary Authority, returned to assume his current position in 2012. He now has oversight of risk functions for the diversified financial services company, providing leadership to the risk management functions across the group.

Donna Duncan-Scott - Group Executive Director, Culture & Human Development

“At the heart of any leadership framework, must be an unconditional love of people; our shareholders, our team members, our clients and our communities.”

A true visionary and possibility thinker, Donna is guided by the philosophy that: "We were born to manifest the glory of God. It is not just in some of us; it is in everyone of us". She is committed to sharing this fundamental truth in all aspects of her life.

Since 2005, she has infused her zeal for empowerment and transformation into her role as Group Executive Director of Culture and Leadership Development. Currently, she leads the design and development of programmes and practices to deepen JMMBTT's unique culture of being in the world of team members and clients and having their best interest at heart.

Donna has a B.Sc. in Engineering, (UWI, St Augustine), and an MBA from the Richard Ivey School of Business at the University of Western Ontario, Canada. She holds the distinguished Chartered Financial Analyst accreditation.

Janet Patrick - Financial Controller - Planning and Strategy

“Our focus on the day-to-day management of the organisation’s finances provides a solid foundation for our mutual success.”

Janet was appointed Financial Controller in 2007, being promoted from her initial position of Chief Accountant, which she held from 1998.

In her current role, her extensive experience in accounting and auditing are called upon, as she has direct responsibility for the preparation of the Group's budget and forecasts as well as management reporting.

Prior to joining JMMB, Janet garnered extensive experience in the financial sector, primarily as a member of the senior audit staff of KPMG Chartered Accountants, working on major audit assignments and several special projects, spanning the financial, manufacturing and hospitality industries.

Janet is a Chartered Accountant with a Diploma in Business Administration (Accounting) from the University of Technology, Jamaica.

Julian Mair - Group Chief Investment Strategist

“Seeking out and capitalizing on the next big opportunity, to produce a win-win result, is what we do best at JMMB.”

With over 20 years of experience in the financial services sector, Julian currently operates as JMMB's Group Chief Investment Strategist. In addition to his position at JMMB, he has played a significant role in the development of Jamaica's capital market.

His work experience includes positions at foremost Jamaican financial institutions, as Head of Treasury and Investment Services at Dehring, Bunting and Golding Limited (now Scotia Investments Jamaica Limited) and Senior Trader and Cambio Manager at JMMB. In addition, he has partnered and consulted with various international financial institutions and the Government of Jamaica, in structuring Global Bond Issues. A former Managing Director of Lets Investment Limited, his leadership resulted in the boutique operation becoming a global player in the trading of internationally issued securities.

A founding member and current President of the Jamaica Securities Dealers Association (JSDA), Julian also serves various institutions as a director, including JMMB Securities Limited, JMMB International Limited, JMMB Puesto de Bolsa and the Jamaica Stock Exchange.

Keith Duncan - Group Chief Executive Officer

“Leadership is a privilege that carries with it a tremendous amount of responsibility; the resulting benefit is helping everyone to become better versions of themselves.”

Keith joined JMMBTT as Trading Manager in 1993, and in 2000 became the Deputy Managing Director. He was promoted to Group Chief Executive Officer in 2005 and has responsibility for overall performance and charting the strategic direction of the Group.

A true visionary and strategist, he has built one of the strongest trading teams in Jamaica. His financial expertise has not only benefited the JMMBTT Group, but also the Jamaican financial sector. A former president of the Jamaica Securities Dealers' Association, he was involved in the partnership with the Financial Services Commission (FSC) in designing and implementing new structures and models to enhance the effectiveness of Jamaica's market players.

In March 2011, under his leadership, JMMBTT was conferred with the prestigious Jamaica Chamber of Commerce 'Best of the Chamber Award' in the 'Large' category.

Keith served as a Vice-President of the Private Sector Organization of Jamaica during the period 2012-2014 and continues to contribute to Jamaica through various roles including his membership on the Economic Programme and Oversight Committee (EPOC).

He is a Chartered Financial Analyst and holds a B.A.(Economics) from the University of Western Ontario in Canada.

Kerry-Ann Stimpson - Group Marketing Manager

“It is our privilege to always share with you who JMMB really is; an organisation that truly has the best interest of all at heart.”

Kerry-Ann is an expert financial marketer whose strong passion for her craft has led to continued top-level performances, and a marketing career defined by excellence. With over 10 years marketing management experience in the financial services sector, Kerry-Ann added even greater heft to the JMMB marketing team in late 2012, when she assumed responsibility for marketing strategy development and execution for the JMMB Group, as Group Marketing Manager.

Her professional journey in marketing began at the former Dehring, Bunting & Golding Limited (DB&G), in 2002. Under her leadership, the marketing approach of the DB&G brand became synonymous with both a unique style of creativity and pushing the proverbial envelope. In 2007, she then took up the role of Assistant Vice President, Marketing and Public Relations, at First Global Bank Limited; then moved to an expanded role as Assistant Vice President, Marketing, for First Global Bank and First Global Financial Services Limited, in 2008.

Nigel Romano - Managing Director & Chief Executive Officer, JMMB Bank

"I ensure that our clients’ best interests are served by actively listening to ensure that I have a deep understanding of their needs and then strongly advocating for solutions that deliver value ensuring win-win outcomes for all."

Nigel is a Chartered Accountant who brings over thirty years (30 years) experience in accounting and banking across the globe. His career to date has included various senior positions at KPMG, Citibank, Ernst & Young, RBTT Financial Group and the ANSA McAL Group. Whilst some of these have been in Trinidad, Nigel gained global exposure with opportunities in Indonesia, Hong Kong, Singapore, and the Philippines. Nigel joined Caribbean Development Bank based in Barbados as Director, Finance and Corporate Planning.

His core belief is: be not afraid to reach for the sky. Life is about constant learning and growth.

Patrick Ellis - Group Chief Financial Officer

“We create the link between JMMB’s operations and its financial performance; our stakeholders, therefore, can remain confident.” 

Since 2008, Patrick has held the post of Group Chief Financial Officer, a role which includes the oversight and execution of the company's strategic and financial operations. Chief among his responsibilities are the preparation of financial statements, regulatory reporting, and assessing the viability of possible acquisitions, as well as risk management for JMMB's operations in Jamaica, Trinidad & Tobago, and the Dominican Republic.

Before beginning his stint at JMMB, Patrick served as a director in the Audit Assurance and Advisory Department at Pricewater house Coopers (PWC), where he led the management of the audits of major companies in the financial and telecommunications industries in Jamaica and the wider Caribbean. His experience as a multi-sectoral relationship manager included preparing a company for private listing on the Securities Exchange Commission and audit certification pertaining to bond offerings in international capital markets.

Patrick holds an MBA (Finance) from the Manchester Business School and is also a Fellow of the Chartered Association of Certified Accountants (U.K.), a Fellow of the Institute of Chartered Accountants of Jamaica as well as a Certified Public Accountant.

Paul Gray - Group Chief Investment Officer & Treasurer

“We strive to tactically manage portfolio and liquidity strategies (in line with the group’s overall objectives), efficiently, accurately and with the utmost integrity.”

With over 15 years in the financial industry, Paul brings a wealth of knowledge and experience to his role of Group Chief Investment Officer, having built a solid track record in asset management and trading. In this capacity, he has Group oversight responsibility for the investment management framework, which includes portfolio build-out and management, liquidity planning and hedging strategies.

Paul is the Chairman of the Group Investment and Liquidity Management Committees and also serves on the Board of JMMB Insurance Brokers Limited, JMMB Securities Limited, JMMB Fund Managers Limited and JMMB SAFI. He is a member of the ALCO committees of JMMB Merchant Bank and Intercommercial Bank Limited. In addition, he is the President of the Jamaica Primary Dealers Association.

Paul has received professional training in treasury, asset/liability, and risk management, both locally and overseas. He also holds a Master's degree in Finance from the Manchester Business Schools UK.

Peta-Gaye Bartley - Group Chief Internal Auditor

“Ensuring that our operations run in accordance with all guidelines means that you can be confident in our commitment.”


Sheldon Powe - Group Chief Information Officer

“We do more than just manage JMMB’s IT solutions, we play a critical role in delivering the kind of client experience you deserve.” 

Sheldon currently serves as Group Chief Information Officer, following over a decade and a half of service to the company. In his position as Head of the Technology Unit, he has a mandate to ensure a stable and secure electronic platform for the ongoing provision of services that enhance the efficiency and effectiveness of the JMMB Group of Companies. He is also responsible for creating and maintaining a highly professional, customer-oriented and innovative IT function and developing and delivering a reliable IT strategy that drives excellent outcomes. Further, he directs the operations of JMMB's technology platform, ensuring network security and reliability, overseeing the data centres and frontline applications including online services, electronic transaction machines (ETMs), client care centre and other in-branch transaction processing systems, information security and IT disaster recovery.

Sheldon holds a Bachelor of Science degree from the University of the West Indies, Mona and a Masters degree in Industrial and Systems Engineering from the University of Florida. His expertise is supported by various certifications, including Project Management Professional (PMP), Certified Information Systems Auditor (CISA), Certified Information Security Manager (CISM), Certified Scrum Master and ITIL V certified.

Ronald Carter - Chief Executive Officer, JMMB Investments (T&T) Limited

"I am passionate about being able to help clients attain a better quality of life for themselves and their family by delivering the highest level of care and financial expertise tailored to the unique needs of all our clients."

Mr. Ronald Carter joined JMMB Investments in December 2014 as Chief Executive Officer. Ronald is a career financial services and investment management professional whose experience spans 20 years across the Caribbean and the United States. He has held several senior positions within a number of top-tier global financial institutions and successfully led businesses in wealth and investment management, capital markets and corporate banking. Ronald has significant technical experience in corporate finance and investments and has an outstanding track record in managing large and highly sophisticated investment portfolios. His career has been built through his all-embracing approach to management and a focus on service. He has served and continues to serve on a number of corporate boards and enjoys sharing and developing students when lecturing at the Arthur Lok Jack Graduate School of Business in Corporate Finance.

His core belief is: to whom much is given, much is expected .

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