Zachary Harding, who for the last two years has been performing dual duty as Chief Executive Officer of Stocks and Securities Limited (SSL), a boutique brokerage and investment banking house based in Kingston as well as Executive Chairman of Delta Capital Partners Limited (Delta) a private equity entity, has decided that the time is right for him to concentrate his efforts exclusively on Delta.
Harding has pivoted in order to maximize opportunities which are presenting themselves to Delta. Harding this week gave notice advising of his resignation and will step away from his position of CEO of SSL as of June 30, 2022.
Delta, led by Harding and Group CEO, Ivan Carter, is currently finalizing several deals in Jamaica, the wider Caribbean and North America. Harding and Carter, as well as SSL Chairman Jeffrey Cobham, and Vice Chairman Hugh Croskery believe that there could be collaborative opportunities in the future for both organizations to take advantage of the increasing access to deal-flow, especially in the Caribbean.
In the words of Ivan Carter, “As a private equity investment group, Delta continues to enter relationships with companies and entities from around the Caribbean and beyond that offer high-impact solutions to challenges facing the region. We acquire, invest in, or launch entities that have the potential to generate positive returns while having a strong impact on the lives of our people. With the uptick in Delta’s opportunities, it is all hands on deck, and I welcome the full-time dedication and focus of founder and Exec Chair Harding.”
SSL will reinvest in its core business, as the second oldest brokerage house in Jamaica with a strong track record of comprehensive wealth management for high-net-worth families. The wealth management arm is led by Sarah Meany, daughter of retired financial services executive and SSL founder Hugh Croskery. Ex-Digicel Group Financial Controller Allison Hemmings continues to serve as SSL Group Chief Financial Officer, while Executive Chairman, veteran banker Jeffrey Cobham will assume some of the executive functions while Company continues its growth path. “Our success has been driven by stability and growth for our longstanding, core clients. We are working to disrupt the market, especially for high-net-worth individuals and families looking comprehensive wealth management solutions among other investment banking solutions.”
The Board of Stocks and Securities Limited has expressed appreciation to Mr. Harding for his contribution to the company over the past few years.
