VM Financial Group raises $11B in Preference Share offer

  VM Financial Group Limited, the newly established financial holding company of VM Group Limited, raised an impressive $11 billion in its preference share offering through a restricted placement, which will serve to spur its drive towards local and international expansion. The shares, offered to accredited investors only in April, were listed on the Jamaica […]

Mother’s Lessons Powers VM Group 2022 President Awardee

  When Kedon Clarke sat at his table inside the ballroom at the AC Marriott Hotel in St Andrew to await announcement of the ‘big award’ during the recent VM Group ‘I AM VM’ staff awards ceremony, he had no inkling that his life was about to change. The assistant manager of pensions investments at […]

VM Group’s ‘Rookie of the Year’ Banks On Integrity

  Just 16 months into her first job out of university, Shanelle Gilzeane, treasury operations specialist at VM Group was named ‘Rookie of the Year’ by the organisation, a feat the 25-year-old said she owes to a gritty determination to excel, nurtured by her parents, including her cop dad who taught her never to compromise […]

Restructured VM Group To Build On Growth Momentum

The VM Group aims to build on the sustainable growth strategies which have led to a significant increase in market share in its key business lines over the past five years. While highlighting the organisation’s performance in 2022 at a recent VM Group Special Members’ Meeting, Group President and CEO, Courtney Campbell, informed attendees that […]

VM Group Transforms the Kingston and St. Andrew Parish Library

  Users of the Junior Library section of the Kingston and St. Andrew Parish Library can now do so more comfortably, thanks to extensive refurbishing and beautification work undertaken by the VM Group for its 2023 Labour Day project. The Labour Day project builds on a broader partnership between the VM Foundation and the Jamaica […]

VM Group President’s Awardee, VM Foundation launch the Foster A Child fundraising project

  The VM Group 2021 President’s Awardee, Tiffany-Joy Smith, has collaborated with the VM Foundation, to launch a Foster A Child fundraising project, in partnership with the For the Child (FTC) Foster Care Programme, aimed at boosting the national foster care programme. The project seeks to raise approximately $300,000 annually, to offset costs associated with […]

VMIL increases stake in kingston properties

VM Investments Limited (VMIL) has today acquired 135,483,871 units of Kingston Properties (KPREIT) shares for a combined consideration of $1,050,000,000. This transaction increases VMIL’s stake in KPREIT to a total of twenty-three per cent (23%), making KPREIT an associate company of VMIL. This is in line with the VM Group Vision of being a leading […]

VM heralds restructured business, announces key leadership appointments

VM Group has announced the establishment of a new business structure, with the launch of The VM Group Limited, a mutual holding company and parent to the newly formed VM Financial Group Limited as well as VM Innovations Limited. The announcement follows VM Members’ overwhelming vote of support to restructure the organisation at a specially […]

Sprint Icon Veronica Campbell-Brown joins VM Foundation Board of Directors

Jamaica’s most decorated track and field athlete, Veronica Campbell-Brown, CD has joined the Board of Directors of the VM Foundation, the philanthropic arm of the VM Group. Campbell-Brown, who is an eight-time Olympic medalist has won more than 46 medals at international athletic events, earning the distinction of being the first athlete ever to win […]