Providenciales, TCI, February 4, 2017 – Executives of Invest Turks and Caicos Agency do not believe the loss of its lead player will hurt operations, but they are hailing departing CEO, John Rutherford as having been a tremendous asset. A media release Friday confirms that John Rutherford is departing the office of CEO of the Invest Turks and Caicos Agency after just 13 months on the job.
Rutherford, is reportedly departing for personal reasons and explains that he regrets leaving. “I am sad to leave these beautiful islands and it has been a pleasure having such a great product to promote to prospective investors. I have also very much enjoyed being involved in the support the Agency provides to local entrepreneurs and businesses and it has been very rewarding to see the success of some of our MSME applicants,’’ said Mr. Rutherford, who adds that the Agency has a very supportive Board and a strong team.”
The Agency was recently rebooted after the dismantling of the former concept by the British under former Governor, Damian Ric Todd. Rutherford, who will remain on until May 2017 is credited with getting the ball rolling, Chairman Anton Faessler had these words, “The Board has been extremely grateful for the hard work and dedication he has shown during his time as CEO and we wish him well in the future.’’
Among the objectives of the Investment is to give a red carpet approach to foreign investment interest, support the development and opportunities of and for local business and to promote the Turks and Caicos as a good place to do business. The Agency was also given the responsibility of overseeing the Ministry of Finance’s MSME programme offering grants of up to $10,000 to qualified applicants.
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