Kamille Martin returned to CFO role at MFS Capital

 



Private equity firm MFS Capital Partners Limited (MFS) which is seeking to be reinstated by the Jamaica Stock Exchange after being suspended last week has recalled Kamille Martin to the role of Chief Financial Officer, stating that her appointment is effective November 18, 2024.

The company announcement was made on January 7, 2025. Martin as previously at MFS from June 2019 to April 2023. The Chief Operating Officer (COO), Robert Barnes then took over her responsibilities.

MFS commented, “With over 16 years of expertise in auditing and accounting, including 13 years in senior leadership roles, Martin brings a wealth of knowledge in financial management reporting and internal process optimization. Her extensive experience will play a pivotal role as we work to enhance our financial and operational frameworks and drive the expansion of our group of companies.”

Martin says on LinkedIn, “Having completed my MBA in Management Information Systems and the Project Management Professional Certification (PMP), these will be used to further explore my interest in the field of Project Management.

“ I am no stranger to managing finance related projects which includes accounting software implementations, development of management report templates, testing and implementing solutions to integrate information from different sources in order to facilitate accurate financial and management reporting and other related projects that has led to increased efficiencies in the finance department for organisations I have worked.”


The company has promised to deliver annual financials and other reports which are outstanding.

The Jamaica Stock Exchange (JSE) indicated via notice on its platform on December 31 that it had suspended the shares of MFS Capital Partners Limited (MFS).

MFS Capital Partners listed on the JSE in August 2022 by introduction after its takeover of SSL Venture Capital (SSLVC) in May that year. Its predecessor was also listed by introduction in 2018 after the failure of C2W Music, which raised $120 million in its initial public offer.

The notice read: “The Jamaica Stock Exchange (JSE) wishes to advise the investing public that in keeping with JSE’s “Junior Market Rule Appendix 2, Part 4 (2) ( e) – Audited Annual Financial Statements and JSE Junior Market Rule Appendix 2, Part 4 (1) ( e) Quarterly Financial Statements, the JSE has taken the decision to immediately suspend trading in the shares of MFS Capital Partners Limited (MFS). This suspension is pending the submission of its 2024 Audited Financial Statements and 1st Quarter Unaudited Financial Statements for the period ended September 30, 2024”.

The JSE added, “MFS Capital Partners Limited (MFS) has failed to submit to the JSE its Audited Financial Statements for the year ended June 30, 2024. As a result, the Company’s 2024 Audited Financial Statements, which became due on September 28, 2024, is ninety-three (93) days overdue as December 30, 2024.

“MFS has also failed to submit its 1st Quarter Unaudited Financial Statements for the period ended September 30, 2024, which became due on November 14, 2024. As at December 30, 2024, the 1st Quarter Report is forty-six (46) days overdue.

“Given the above the JSE has suspended the shares of MFS Capital Partners Limited (MFS) effective December 31, 2024.”

 Caribbean Money Daily

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