VM Wealth reinvents itself with a slate of new leaders

 


 VM Wealth Limited has introduced a slate of new appointees in  bid to re-energise leadership.

Among them are the appointment of Chief Operating Officer Allison Mais has been promoted to the role of Chief Operating Officer (COO) for VM Investments Limited and VM Wealth Management Limited effective April 1, 2025.

In this expanded role, Mais reports directly to the Chief Executive Officer and assumes strategic oversight of critical operational areas across the business.

VM said that this appointment underscores the organisation’s “focus on operational agility and execution, with Mais’ leadership pivotal to scaling service delivery, improving internal processes, and supporting enterprise-wide efficiency.”

Stock price volatility was noted as a challenge for VM during the year.

Profit before taxation for the twelve months ended December 31, 2024, amounted to $398.93 million, a 130 per cent increase relative to $173.30 million reported in 2023. Loss before taxation for the fourth quarter amounted to $260.02 million (2023: loss before taxation of $69.60 million).

 Net profit for the twelve months amounted to $532.24 million, a 168 per cent increase from the $198.84 million reported in 2023. Earnings per share for the year amounted to $0.35 (2023: EPS: $0.13).

Other appointees are:

Assistant Vice President – Global Markets & Digital Asset Trading 

 Denise Marshall Miller’s portfolio has been upgraded as she assumes the role of Assistant Vice President – Global Markets & Digital Asset Trading. This change reflects the expanded mandate of the unit, which now includes a sharper focus on digital financial instruments and global trading.

VM said that this role is critical to VMIL’s strategy of broadening its investment capabilities and capitalising on emerging opportunities in global and digital markets. 

 Assistant Vice President - Treasury Operations and Brokerage Services

 Evette Bryan has been appointed Assistant Vice President - Treasury Operations and Brokerage Services, having previously served as Assistant Vice President – Treasury & Asset Management. In her enhanced role, Bryan will focus on strengthening the operational framework of VMIL’s brokerage services and improving payment processing systems. 

VM said that her leadership will enhance operational stability and ensure that the brokerage business is responsive, resilient, and client-focused. 

 In further support of its strategic direction, VMIL  announced new leadership roles:

 • Sitarah Smith – Appointed Assistant Vice President – Investment Management & Structured Solutions Ms. Smith’s appointment reflects VMIL’s deepened commitment to providing tailored investment strategies and bespoke structured products aligned to client needs. 

 • Stuart Andrade – Assistant Vice President – Finance Mr. Andrade’s appointment supports VMIL’s focus on financial discipline, strategic resource allocation, and enhanced reporting as the company continues to scale and evolve.

 • Strycen Williams – Appointed Senior Manager with responsibility for Transformation Her expertise will drive transformation initiatives across business lines, reinforcing VMIL’s focus on innovation, client-centricity, and market relevance.

 • Mikhail McLeod – Appointed Manager with responsibility for Legal, Compliance, Investor Relations and Corporate Governance.

VM said that this addition strengthens VMIL’s governance framework, ensuring robust regulatory compliance and legal oversight in a complex financial landscape.

The comoany stated, " These changes reflect VM Investments Limited’s strategic focus on leadership development, business diversification, and operational excellence."

Caribbean Money Daily

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