Insurance giant Sagicor Financial Company (SFC) has announced that it will be getting a new president and chief executive officer for its Sagicor Life Inc. business come January 1, 2021.
Group President and CEO of SFC Dodridge Miller made the announcement on Monday, pointing out that the man who held the position for the past several years, Ravi Rambarran, will be retiring effective December 31, 2020.
Rambarran, who served in several positions with the Sagicor Group, ascended to the position of CEO and President of Sagicor Life Inc. in 2008. He has also served as Director on the Sagicor Life Board since 2008.
In making the announcement of Rambarran’s retirement, Miller thanked him for his 23 years of service to the Sagicor Group of companies, noting his impact on the company’s growth and development in its operations across the Caribbean.
“Ravi has made many significant contributions throughout his tenure with the company, through multiple roles since he first joined the Group in 1997,” said Miller.
“The entire team at Sagicor extends our thanks to Ravi for his service and we wish him well as he transitions to retirement,” added Miller.
Robert Trestrail will assume the role of President and CEO of Sagicor Life Inc. effective January 1, 2021.
“Robert’s executive level experience and extensive knowledge of the business makes him well positioned to lead our operations through the next phase of Sagicor’s development. We, therefore, expect that the transition will be a seamless one for our clients, team members and other stakeholders, who can look forward to the usual quality service delivery from Sagicor,” said Miller.
Trestrail has held the position of Executive Vice President and General Manager for the Trinidad and Tobago operations since 2007 and assumed responsibility for the operations in the Dutch Caribbean in 2017.
He currently serves as a Director on the Groups subsidiaries in Trinidad and Tobago. Trestrail is also the current chairman of the Trinidad and Tobago Insurance Institute’s Board of Governors and serves on several industry boards and committees.
He is a past president of the Trinidad and Tobago Chamber of Industry and Commerce, an institution he served for 13 years.
Trestrail’s appointment is subject to regulatory approval.(PR)