The Trinidad and To­ba­go Stock Ex­change Lim­it­ed (TTSE) has a new Chair­man and a new Deputy Chair­man of the Board of Di­rec­tors, ef­fec­tive May 20, 2021.

An of­fi­cial state­ment from the TTSE re­ports that Fi­nan­cial Con­sul­tant, Ian Nar­ine, has been elect­ed to the po­si­tion of Chair­man of the Board, with the step­ping down of Ray A. Sumairs­ingh.  Mr Sumairs­ingh had served as chair­man for the past five years, and will con­tin­ue to serve as a Di­rec­tor on the TTSE Board, hav­ing first been ap­point­ed in April 2003.

Mr Sumairs­ingh’s suc­ces­sor, Ian Nar­ine, was elect­ed to the Board in May 2009, and has held the po­si­tion of Deputy Chair­man since 2016.

The TTSE state­ment ob­serves that Mr Nar­ine is unique­ly po­si­tioned for the post of Chair­man, hav­ing per­formed the role of Stock­bro­ker at three dif­fer­ent Mem­ber Firms. He al­so has held se­nior lead­er­ship po­si­tions across four Pub­licly List­ed com­pa­nies, and has over 25 years of ex­pe­ri­ence in the fi­nan­cial ser­vices in­dus­try.

The TTSE says over the past ten years, Ian Nar­ine has served as a Di­rec­tor of First Cit­i­zens Bank Lim­it­ed, Telecom­mu­ni­ca­tions Ser­vices of Trinidad and To­ba­go Lim­it­ed (TSTT), and the In­vest­ment Com­mit­tee of the Na­tion­al In­sur­ance Board. Mr. Nar­ine cur­rent­ly is a Fi­nan­cial Con­sul­tant and works with a range of small and medi­um busi­ness­es and clients.

Ian Nar­ine paid trib­ute to his pre­de­ces­sor as he as­sumed the man­tle of TTSE Chair­man:

“Mr Sumairs­ingh has been a long­stand­ing mem­ber of the TTSE Board, and we ex­tend our grat­i­tude to him for his stel­lar ser­vice to the Or­gan­i­sa­tion.  Dur­ing his tenure as Chair­man from 2016, Mr Sumairs­ingh played an in­stru­men­tal role as a strate­gic and charis­mat­ic leader. He led the TTSE through sig­nif­i­cant strate­gic ini­tia­tives, no­tably, the im­ple­men­ta­tion of a new trad­ing and sur­veil­lance plat­form; the launch of our on­line trad­ing plat­form, TOP; our move to­wards dig­i­tal­iza­tion; and our re­brand­ing and mar­ket­ing ini­tia­tives. We thank him for his lead­er­ship and valu­able coun­sel.”

The TTSE Board al­so elect­ed a new Deputy Chair­man—An­ton Gopauls­ingh—who has served as a Di­rec­tor for the past five years. 

The TTSE notes that An­ton Gopauls­ingh is a Fi­nance and Risk Man­age­ment ex­pert, with more than twen­ty-five years’ ex­pe­ri­ence in a broad range of ac­count­ing, tech­nol­o­gy and con­sult­ing roles across mul­ti­ple in­dus­tries and ge­o­gra­phies.  He is a Non-Ex­ec­u­tive Di­rec­tor of Massy Hold­ings Lim­it­ed and Readymix (West In­dies) Lim­it­ed. 

An­ton Gopauls­ingh has worked at the UK and Trinidad firms of Price­wa­ter­house Coop­ers (PwC), and served as a Part­ner of PwC Trinidad up to 2013.  He has worked with a wide range of com­pa­nies in the fi­nan­cial ser­vices sec­tor in the UK and through­out the Caribbean, as well as com­pa­nies in the en­er­gy sec­tor and re­tail and man­u­fac­tur­ing ser­vices in the Caribbean and Cen­tral Amer­i­ca.

Both Ian Nar­ine and An­ton Gopauls­ingh cur­rent­ly serve on the Board of Di­rec­tors of the TTSE’s whol­ly owned sub­sidiary, the Trinidad and To­ba­go Cen­tral De­pos­i­to­ry Lim­it­ed (TTCD).