The Board of Directors of Sagicor Financial Company Ltd. ("Sagicor") announces the reappointment of Mr. Monish Dutt to the Board, effective October 30, 2020, to replace Mr. John Shettle, Jr., who sadly passed away in September. Mr. Dutt will also assume the role of Chair of the Audit Committee and will be a member of the Investment & Risk and Capital Allocation Committees. Mr. Dutt was an independent director of Sagicor Financial Corporation Limited for almost 10 years until June 2020. He is a seasoned finance professional who, for the 25 years preceding 2011, held various positions with the International Finance Corporation ("IFC"), a member of the World Bank Group. He is the former Chief Credit Officer for IFC's Global Financial Institutions & Private Equity Funds.