VM Investments Limited (VMIL), the investment arm of the VM Group and the Group’s only publicly listed company, hosted its 8th Annual General Meeting (AGM) on Wednesday, in a hybrid format, with shareholders participating virtually and limited in-person attendance at the VM Group’s Corporate Office in Half-Way Tree, St Andrew.

The meeting reviewed VMIL’s strong 2024 financial performance and outlined the company’s forward-looking strategy, led by CEO Rezworth Burchenson, who presented alongside Chief Operating Officer Allison Mais and Assistant Vice President for Finance Stuart Andrade.

“We are focused on building momentum, capitalising on our strengths and embracing new opportunities. This includes deepening our impact locally while extending our footprint across the region. We are exploring new markets, investing in technology and innovation, and forging partnerships that align with our long-term goals. We believe this is the time to collaborate more widely and to position VMIL as a regional leader in the investment market,” Burchenson said.

Among the year’s standout achievements:

• Profit after tax of $556 million, marking a significant improvement over 2023
• Continued delivery of strong returns through the company’s mergers and acquisitions (M&A) strategy, including gains in key portfolio holdings such as KPREIT, which posted a 17.61% performance increase
• Solid growth in non-interest income, supported by asset management performance and trading gains

VMIL also demonstrated its commitment to shareholder value, paying two dividends in 2024, further reinforcing its reputation as a disciplined, performance-oriented investment company.

“We are laser-focused on growing capital, attracting top talent, and scaling our impact,” Burchenson added. “We want VMIL to be the first choice for investors seeking access to high-quality private equity, smart portfolio management, and strong governance.”

Looking at 2025, the CEO noted that VMIL will continue to pursue a risk-based revenue growth strategy while continuing to prioritise cost discipline and talent development. A key focus will be on maximising value from its private equity investments and strengthening collaboration across the VM Group.

Chief Operating Officer, Allison Mais, reflecting on the past year’s performance, emphasised the company’s strategic measures. “We are committed to building an organisation that is digitally empowered, financially disciplined, and regionally relevant. Our investment in digital transformation and a more deliberate approach to asset management is allowing us to reimagine the way we serve and connect with our clients, prioritise efficiency and focus on initiatives that offer the best return on investment,” Mais reiterated.

As the AGM concluded, VMIL reaffirmed its focus on becoming a high-performance, investor-driven company—one that is agile, ambitious, and aligned with the evolving needs of its shareholders and the wider market.