Lashley named Witco chairman

Lashley named Witco chairman

WITCO’s headquarters in Champs Fleurs Ingrid Lashley has been appointed the chairman of the board of directors at The West Indian Tobacco Company Ltd (Witco).

Lashley’s appointment came into effect from April 7, 2022.

“Ms Lashley was appointed a director of the company in August 2008, the chairman of the audit committee in March 2009 and the deputy chairman of the board of directors in February 2022,” a notice to shareholders posted by the T&T Stock Exchange stated yesterday.

Lashley is a graduate of McGill University, Montreal, Canada, and holds a Master’s degree in business administration specialising in accounting and finance.

She also carries the professional designations of certified management accountant, certified public accountant and chartered accountant.

“Having spent several years at the helm in banking and mortgage financing, Ms Lashley serves on the board of directors of state, publicly traded and private companies in various business sectors in T&T. She also serves on the Disciplinary Committee of the Institute of Chartered Accountants of T&T,” the notice stated.

The notice was published pursuant to Section 64(1)(b) of the Securities Act (2012).

Lashley replaced Anthony E Phillip who had been at the helm of the company for 15 years.

“At the close of the April 2022 annual meeting of shareholders, I retire from the board of directors. I wish to thank the board of directors, management, staff and you the shareholders for your confidence in my stewardship of the board over the last 15 years and wish West Indian Tobacco continued success,” Phillip announced in the chairman’s statement in the company’s annual report for 2021.

Witco’s 117th annual meeting was held virtually from the boardroom at the company’s compound in Champs Fleurs on April 7.

“Mr Phillip began his career as an Industrial Chemist at Caroni Ltd, and joined West Indian Tobacco in 1973 as a manager in production department.“He was appointed production manager/director in 1984 and succeeded Mr Audley L Walker as managing director in 1998.“Following his retirement in 2006, he became chairman of the board in 2007. His service to the international business environment included secondments to British American Tobacco (Kenya) in 1975 and Chairman and Managing Director British American Tobacco (Malawi) from 1994 to 1998.“If there was a blueprint of how to navigate a company in the highly specialised tobacco Industry in T&T, Mr Phillip would certainly be listed as the author,” a notice stated.Also retiring from the board was Ranjit Jeewan.“Mr Jeewan was appointed a director […]

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