The Board of Directors of Federal Capital Group has appointed Mr. Levar Smith to the position of Group President & CEO, effective January 2, 2027. 

In his new role, Mr. Smith will oversee the Group’s business operations in Jamaica and across the Caribbean.

Mr. Smith brings a wealth of experience and leadership to his new position, having dedicated 18 years of distinguished service to Marathon Insurance Brokers, a subsidiary of  Federal Capital Group. Over the course of his career, Mr. Smith has held various key positions within the organization, culminating in his current role as President & CEO of Marathon Insurance Brokers. His vision and leadership have been pivotal to Marathon’s continued success, earning him a stellar reputation in the industry.

The appointment of a new General Manager for Marathon Insurance Brokers is scheduled for October 1, 2026, in order to ensure a seamless three-month transition period of executive leadership.  Mr. Smith will continue to lead the organization during the period of transition, even as he prepares to assume his expanded responsibilities within the Group.

“We are confident that under Mr Smith’s leadership, Federal Capital Group will continue to thrive and strengthen its presence across the region,” said the Chairman of the Board, Richard Burgher. “His experience, dedication, and proven leadership skills will be critical in guiding our continued growth and success.”