The succession plans for the oldest life insurance company in the Bahamas, BAF Financial, were unveiled recently at the company's 2016 kick-off event for management and staff. The annual event provides an opportunity to review the previous year and sets the tone for the year to come. This year, everyone got a look into the future of the company that has grown tremendously since the management buy-out in 2007, that transformed it into a 100 percent Bahamian-owned company and began its transformation from an insurance company into a multifaceted international enterprise.
President, CEO and Chairman of BAF Global Group Chester Cooper announced the appointment of two managing directors, Sandy P. Morley and Julian J. Rolle, both certified public accountants and members of the Bahamas Institute of Chartered Accountants with extensive experience and expertise.
Morley's appointment as managing director of BAF Bahamas and group chief operating officer (COO) expands his current responsibilities to include day-to-day leadership of the insurance business, including operations, sales, health and employee benefits, information technology and customer relations. Prior to this appointment, Morley was the vice president and group COO following his promotion from financial controller in May 2012. When he joined BAF, he brought with him years of experience as the financial controller for a local bank with an impressive background in auditing and accounting. A member of the Georgia State Board of Accountancy and the American Institute of Certified Public Accountants, Sandy Morley is active in the local community serving with a number of civic organizations and mentoring young minds.
Julian Rolle is managing director of BAF Global Group and group CFO with responsibilities for all non-life insurance businesses in the group, including financial services, investments, business development, Cash-N-Go, BAF general and BFG services as well as financial reporting. Rolle previously held the position of vice president & CFO. He brings to his role vast international experience in accounting and financial services having worked as a senior manager in one of the top four accounting firms in the USA and across the Caribbean including the Cayman Islands, Bermuda, Barbados and other countries throughout the eastern Caribbean states. He is a member of the Louisiana State Board of Accountancy and the American Institute of Certified Public Accountants, serves in a number of service organizations locally and enjoys working with young professionals in a variety of mentoring capacities.
The announcement was met with approval from all in attendance as Chester Cooper stated that he was "delighted to be able to put in place the best-in-class executive team to have ever been assembled, to advance BAF into its next level of growth".
Recounting his own quick rise through the ranks of then British American Insurance to founding BAB Holdings and BAF Global Group that acquired, rebranded and re-energized it to the full services financial institution it is today, he proudly stated to resounding applause, "We have grown steadily despite the economy. We are BAF. We are always getting better!"
BAF Global Group, through its BAF Financial and BAF General brands, protects and secures the assets, lives and dreams of more than 125,000 families in The Bahamas, Cayman Islands and Turks and Caicos, and significantly more in its Cash-N-Go and BFG Services Ltd. retail brands across The Bahamas.
Click here to read more at The Nassau Guardian
