Tuesday, January 23, 2018

Henry new CEO of Nedco

 The board of directors of the National Entrepreneurship Development Company (Nedco) has appointed Julian Henry chief executive officer, with effect from July 1.

Henry, who has been acting in the post of CEO since April 2014, has more than 15 years’ experience wor­king in the micro finance development sector, a Nedco statement said.

In May, Labour Minister Errol McLeod disclosed that former Nedco CEO Ramlochan Ragoonanan’s contract had been terminated.

Henry has worked in senior management positions in the financial services sector across the Caribbean, including the National Development Foundation in Antigua and Barbuda and at Caribbean Micro-Finance Company Ltd, developing systems and models to deliver financing and other technical resources to small-scale entrepreneurs and micro enterprises that are unable to access funding and resources from traditional lenders, Nedco said.

“His experience in small-island markets such as Antigua and Barbuda, Grenada as well as Trinidad and Tobago will be critical in his role as chief executive officer at Nedco, as we recently completed our corporate transformation exercise to more effectively deliver quality service, training and support to new and existing entrepreneurs in Trinidad and Tobago,” the statement said.

A graduate of The University of the West Indies, Henry also has training in micro finance management, project management, client relationship and leadership.

He also has a Certificate in training on preventing money laundering from the Association of Certified Anti-Money Laundering Specialists.

Prior to his current appointment, he served as the chief operations officer at Nedco, where he planned and implemented the new processes and procedures for reviewing loan applications for the small and micro enterprise sector, Nedco said. 

Nedco is the Government agency mandated to develop the small business sector. It was established under the Ministry of Labour in 2001.