Bruce Golding, former prime minister of Jamaica, has been appointed chairman of real estate development and private equity outfit First Rock Barbados subsidiary, First Rock Global Holdings (Barbados) Limited.

Golding joins the Caribbean private equity firm in a non-executive capacity, along with newly appointed managing director, Chris Yeung.

The First Rock Group, co-founded by Ryan Reid and Michael Banbury, comprises First Rock Capital Resource Limited, First Rock Capital Holdings, First Rock Global Holdings (Barbados) Limited, First Rock USA LLC, First Rock Capital Cayman Ltd, First Rock Capital Latam, First Rock Realty and Dolla Financial Services.

PROVEN TRACK RECORD

In a statement this afternoon, announcing Golding’s appointment, First Rock said he brings to the company his expertise in business, economics and public administration.

“We are committed to building a strong team. As First Rock expands operations across the Caribbean and Latin America, we are committed to seeking out and utilising the most competent human talent. Golding has a proven track record and will lead the board of directors as we further develop and build out First Rock Group,” said Reid, who is also CEO of First Rock Group.

“First Rock Global Holdings (Barbados) Limited is set to pursue private equity transactions across the region, particularly focusing on financial services and small and medium enterprises. Under the leadership of Chris Yeung, the team is well equipped and prepared to catapult the firm to achieve its strategic objectives. I am excited to join the group,” Golding remarked.