Carreras Limited - Paul R. Hanworth

Other appointments: Deputy Chief Executive Officer and Director of PanJam Investment Limited (PanJam), an investment holding company listed on the Jamaican Stock Exchange, and Director / Trustee of many of its principal subsidiary and associated companies and its pension plan. Director and Audit Committee member of Sagicor Group Jamaica Limited and Sagicor Life Jamaica Limited, and Chairman of the Group Risk Committee. Independent Director, Audit Committee Chairman and Investment Committee member of British Caribbean Insurance Company Limited. Chairman, National Health Fund Pension Plan. Director, Rainforest Seafoods Limited. Director of First Angels Jamaica Limited and Investor Director of two angel-funded companies. Member of the PSOJ’s Listed Companies Committee.

Skills & Experience: Mr. Hanworth has worked for PanJam for 15 years, initially as chief Financial Officer before becoming Chief Operating Officer and the Deputy Chief Executive. In those roles he has spearheaded several add-on and fresh acquisitions and has expanded the Group’s private equity portfolio. Prior to PanJam, Mr. Hanworth founded, ran, and subsequently sold Jamaica’s pre-eminent fine wine import and distribution company. He started his career in Jamaica in 1998 with ICD Group, where he restructured the finances and operations, being directly involved in the restructuring of the Group’s debt with a prominent New York investment bank and the disposition of several business units. Mr. Hanworth began his career at KPMG in the UK, prior to moving to the USA in 1979 where he worked for the firm for 10 years and for Diageo for 9 years, including two years in South Africa from 1994 to 1996. During his career at Diageo, he gained considerable experience in M&A and divestitures as well as financial controllership, financial and strategic planning, and treasury.

Qualifications: Fellow of the Institute of Chartered Accountants in England and Wales (FCA); Member of the American Institute of certified Public Accountants (AICPA); BA and MA (Classics) from Cambridge University; MSc (Management) Rensselaer Polytechnic Institute.