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Four Promoted to Senior Director Roles

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Turks and Caicos, June 14, 2017 – Providenciales – FortisTCI (the Company) has announced expanded roles for four senior executives as a part of the Company’s organizational restructuring exercise. These new appointments took effect on March 1, 2017.

Don Forsyth, former Director of Engineering and Planning, has been named as Senior Director of Electrical Planning, Engineering and Energy Delivery. Aisha Laporte, who served as Director of Customer Services, is the new Senior Director of Customer Services and Stakeholder Engagement. Catherine BuenaMunsayac, former Director of Internal Audit, Risk and Compliance is now Senior Director of Enterprise Risk Management and Internal Audit, and Archie Gaviola, former Director of Financial Services, has been promoted to Senior Director of Financial and Treasury Services. 

Mr. Forsyth joined the FortisTCI team in 2013 as Director of Engineering and Planning. He is a utility electrical engineering professional with 20 years’ experience in island utility systems. He began his career in the industry at the single generation plant in Grenada and moved through the ranks to become Manager of Planning and Engineering. 

His expertise includes Generation and Transmission and Distribution Operations and Maintenance activities, a broad range of engineering studies related to system capacity expansion, system protection, system control, distribution automation and renewable energy implementation. Over the years he has held numerous technical and managerial roles.

Mr. Forsyth has a Bachelor’s degree in Electrical and Computer Engineering from the University of the West Indies, St. Augustine, Trinidad. He also holds an Executive MBA from the University of the West Indies, Cave Hill, Barbados. 

Mrs. Laporte joined FortisTCI in 2008 as Supervisor of Financial Services. In 2011 she was promoted to Manager of Financial Services and played a key role in several major finance projects designed to improve the Company’s treasury and financial reporting processes. In 2012 she was promoted to Director of Customer Services. As the leader in Customer Services, she focused on developing additional customer services in energy audits, automation of customer information and payments via the customer web portal, as well as enhancing Revenue Protection Services. She has also served on the committee that developed and introduced Renewable Energy Programs in FortisTCI.  

Prior to joining FortisTCI, she worked as Principal Auditor for the Turks and Caicos Islands Government from 2003-2006.   She also worked as Auditor for two years at KPMG, one of the leading professional auditing firms in the TCI.

Mrs. Laporte graduated with a Bachelor’s degree with distinction in Accounting from Nova Southeastern University in Florida in 2002. A year later she became part of a group of fewer than 10 Turks and Caicos Islanders, at that time, to become a Certified Public Accountant (CPA).

Mrs. Buena-Munsayac joined FortisTCI in 2008 as Manager of Financial Services and was promoted to Director of Financial Services and Risk Management in 2011. While in the Finance Department, she led the implementation of financial controls and optimization of the use of the previous enterprise resource planning system.  She also facilitated the introduction of the Enterprise Risk Management (ERM) process.  

In 2014 she transferred to Internal Audit where she was instrumental in the set-up of FTCI’s Internal Audit Department, ERM and Sarbanes-Oxley Readiness programmes. She has diverse industry experience covering energy and utilities, food and beverage, logistics, manufacturing, advertising, financing, real estate and banking.  

She has a Bachelor’s degree in Accountancy and holds both Certified Public Accountant (CPA) and Certified Internal Auditor (CIA) certifications. 

Archie 2Mr. Gaviola joined FortisTCI in 2009 as Financial Reporting and Business Planning Consultant, focusing on compliance with International Financial Reporting Standards (IFRS) and development of financial models for business planning and analysis. He was promoted to Manager of Financial Services in 2012 and Director of Financial Services in 2014. He was instrumental in assisting the Company with obtaining its investment grade corporate credit rating from Standard & Poor’s and the subsequent inaugural issue of notes in the United States private placement market. 

He has managed the Company’s financial reporting under both IFRS and United States Generally Accepted Accounting Principles (US GAAP). Previously, he worked as Audit Senior at one of the big four auditing firms and managed assurance engagements for mostly international financial institutions.

Mr. Gaviola has a Bachelor’s degree in Accountancy and is a Certified Public Accountant.

FortisTCI President and CEO Eddinton Powell stated, “As we enter a new phase of business in the energy sector highly skilled talent will continue to be at the forefront of organizational success. I am particularly pleased that we have been able to promote from within because, across all four portfolios, these members of senior management have shown technical prowess, leadership growth and the capabilities and commitment to keep moving the Company in a forward direction. On behalf of the entire staff at FortisTCI, I am pleased to congratulate them on their professional and personal achievements.”

FortisTCI has been restructured into three main divisions: Corporate Services; Operations; and Innovation, Strategic Planning and Information, Communications, Technology (ICT). These have further been segmented into three main Operating Business Units (OBUs), namely Production and Project Management, Grand Turk and Sister Islands Operations, and Transmission and Distribution (T&D).

Press Release: FortisTCI

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InvestTCI facilitates the Development Agreement Between TCIG and Molo Hotel Group 

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Providenciales, Turks and Caicos Islands – May 14th, 2024 – The Turks and Caicos Islands Government and Molo Hotel Group reached a pivotal juncture on Monday, May 13th, 2024, with the ceremonial signing of a development agreement at the Premier’s Office on Providenciales. The agreement, which received official Cabinet approval on March 13th, 2024, signifies a steadfast commitment to advancing the economic landscape of the Turks and Caicos Islands.

Molo Hotel Group is a family-owned business, renowned for its distinguished portfolio of high-quality hotels worldwide. The development initiative encompasses the construction of three distinct IHG branded hotels: InterContinental Turks and Caicos, Kimpton Turks and Caicos and Hotel Indigo Turks and Caicos. Scheduled for completion by 2027, each resort boasts a distinctive design from luxury to laidback sophistication spanning across the shores of Grace Bay Beach.

Kimpton Turks and Caicos – an epitome of luxury lifestyle living, will feature 192 guest rooms including three outdoor pools, a luxury spa and a fitness center. Additionally, seven dining options ranging from a beachfront restaurant to a rooftop bar.

Adjacent to the Kimpton, InterContinental Turks and Caicos will offer 59 classic luxury suites with panoramic ocean views. Mirroring its counterpart, this resort will offer an array of dining options and upscale facilities.

Steps away from the Intercontinental and Kimpton resorts, Hotel Indigo Turks and Caicos will embrace a sense of community and contemporary elegance, offering 56 bedrooms. The resort will feature an onsite restaurant, lobby bar, outdoor pool, and fitness room.

Beyond the realm of hospitality, this development agreement underscores the government’s commitment to fostering economic growth and enhancing employment opportunities in the Turks and Caicos Islands. Molo is partnering with the Turks and Caicos Islands Community College (TCICC) to actively promote hospitality as a career choice and support in developing training programs, career fairs, seminars, workshops, and events to raise awareness about hospitality careers. Molo has committed to provide employment and apprentice opportunities to TCICC students and provide mentoring and practical on property training to students.

The signing event was graced by Hon. Charles Washington Missick, Premier of the Turks and Caicos Islands, Hon. Jamell Robinson, Deputy Premier, Hon. Kyle Knowles, Minister of Public Safety and Utilities, Hon. Rachel Taylor, Minister of Education, Youth, Sports and Culture, Łukasz and Marcin Slominski, Owners of Molo, Ross Morrow, Managing Director Molo, Arik Kono, Vice President Upscale Development for IHG, Dr. Candice Williams, President and CEO of the Turks and Caicos Islands Community College, Angela Musgrove, InvestTCI CEO, Dr. Barbara Ambrister, Chairperson of the Turks and Caicos Islands Community College, Dr. Delores Stapleton- Harris, Vice President of Academic, Vocational and Student Affairs for the Turks and Caicos Islands Community College, Mr. Kevin Baxter, Dean of Technical Vocational Education Training (TVET) and Sheryl McLaughlin, InvestTCI Investment Services Executive.

Commenting on the development agreement, Premier, Hon. Misick, stated “The Memorandum of Understanding (MOU) signing of IHG/Molo Hotels is a significant step towards a sustainable future for hospitality in the Turks and Caicos Islands. Three hotels, Kimpton, Intercontinental, and Hotel Indigo, will be introduced, enhancing our tourism product and creating employment opportunities.”

He further added, “Partnerships with the Turks and Caicos Islands Community College and Turks and Caicos Islands Sports Commission are underway, demonstrating the Government’s commitment to developing human capital and elevating tourism offerings. This project will bring economic growth, embrace local talent, and enrich our economy.”

Additionally, Mrs. Angela Musgrove, CEO of Invest Turks and Caicos Islands, emphasized “This collaboration confirms our commitment to fostering economic growth and prosperity within our country. We have worked closely with Molo Hotel Group, and we are confident that this transformative project will further position the Turks and Caicos Islands as a premier destination for travel and investment. Much to our delight, it will also provide opportunities for engagement with our Community College and small business community.”

The Government of the Turks and Caicos Islands, operating through its primary Investment Promotion

Agency, Invest Turks and Caicos Islands, remains committed to attracting and facilitating Foreign Direct Investments to the country by providing a comprehensive suite of services. Through strategic initiatives and targeted promotion, the agency catalyzes sustainable development, driving innovation and small business opportunities across various sectors of the economy.

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Crime

Male Charged with Robbery

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#TurksandCaicos, May 13, 2024 – Detectives of the Serious Crime Unit of the Royal Turks and Caicos Islands Police Force have charged a man who allegedly stole a vehicle.

The accused, DANVANTE  BRISCO, 30,  of  Kew Town, Providenciales, was charged with:

  • One Count: Robbery
  • One Count: Taking Motor Vehicle Without Authority
  • One Count: Using Offensive Weapon to cause fear

Mr. BRISCO appeared in court today (May 13 ) and was granted bail of $7500.00 with one surety.

The matter was adjourned to July 05 for a Sufficiency Hearing.

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Crime

Dock Yard Male Charged  

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#TurksandCaicos, May 13, 2024 – A 20-year-old Dock Yard male appeared in court today (May 13th) charged with a series of firearm-related offences.

The accused, JAMES SIMON, was denied bail and remanded into custody pending a Sufficiency Hearing scheduled for July 05th, 2024.

Mr. SIMON faces the following charges: 

  • One Count: Robbery;
  • One Count: Gang Membership
  • One Count: Possession of a Firearm for the Benefit of a Gang
  • One Count: Possession of Ammunition for the Benefit of a Gang.

The charges against Mr. Simon followed investigations by officers of the Royal Turks and Caicos Islands Police Force into a robbery at the parking lot of a Casino where three males robbed a victim.

Additionally, Mr. Simon is charged with the following offences, having been arrested on May 02nd, 2024, along South Dock Road.

  • One Count: Possession of a Firearm
  • One Count: Possession of Ammunition
  • One Count: Unlawful Entry

Officers also charged a teenage minor who was in the company of  Mr. Simon on May 02nd with One Count of UNLAWFUL ENTRY. 

The accused, seventeen and from Kew Town, Providenciales, pleaded guilty and will be sentenced on May 20th.

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