Microfinancier ISP Finance is moving to comply with new Jamaica Stock Exchange (JSE) rules governing the appointment of independent directors.

To this end, the company has announced the appointment of Damian Duncan as an independent director and chairman of ISP Finance’s Audit & Risk Committee. The appointment was effective last Friday, March 1, 2024.

The committee comprises of independent directors Damian Duncan and David A. Lee, and director Diyal R. Fernando.

In order to comply with the JSE guidelines that became effective on January 1, 2024, the company will, in due course, be appointing a third independent director, who will also be a member of the Audit and Risk Committee.