Gibson Sr. appointed Ennia Group president

WILLEMSTAD–Former Finance Minister Richard Gibson Sr. is the new president and general managing director of Ennia Caribe Holding N.V., succeeding Ralph Palm who will join the Board of Supervisory Directors and serve as the group’s Senior Strategic Advisor, Ennia announced today, Friday.

  Gibson Sr., a lawyer by profession, will also serve as Managing Director of Ennia Caribe Leven and all other Ennia Operating Entities as well as Managing Director of E.C. Investments B.V., a wholly-owned subsidiary of the group.

  Gibson Sr.’s appointment will be subject to customary regulatory approval.

  Palm, according to the group, will bring to the Board of Ennia Caribe Holding N.V. a wealth of experience as Chairman of the Board of the former Central Bank of the Netherlands Antilles, Chairman of the accounting firm KPMG Antilles, and for the last seven years as President and General Managing Director of the Ennia Group of Companies.

  Abdallah Andraous will continue in his position as Managing Director of Ennia Caribe Holding N.V. and of E.C. Investments B.V. He has long served as Chief Financial Officer of the Parman Capital Group and as Managing Director of Parman International B.V., the parent company of the Ennia Group of Entities, as well as in the senior position as Managing Director of the group’s most important entities.

  Percival Virginia, Managing Director of Banco di Caribe N.V., is promoted to Managing Director at Ennia Caribe Leven and all other Ennia Operating Entities.

  In commenting on the appointments, Hushang Ansary, Chairman of the Board and controlling stockholder of the Group said, “These are important promotions heralding the start of a new chapter in the highly successful history of our Group. We are grateful to our employees and members of our Management for their dedication, to our regulatory authorities for their valued guidance, and to the government authorities for their support.”

Source: The Daily Herald