Knowledge (XXG)

Nigel A. L. Clarke

Source πŸ“

395:(the brewing and bottling company); in the agri-business and food processing sectors, Jamaican Broilers Group and Seprod Limited (which collectively include the largest protein, dairy, vegetable oil, and grain producers and distributors operating in Jamaica) In addition, Clarke has served as Chairman of Eppley Limited, a company listed on the Jamaica Stock Exchange that specialises in sourcing, originating and investing in credit-related opportunities. He has also served as Vice Chairman of the PBS Group, the largest regional business solutions and technology distribution company in the Caribbean region with operations and subsidiaries throughout 14 countries of Central America and the Caribbean, which is listed on the Jamaica Stock Exchange. 375:; the first ever regionally syndicated, locally arranged loan (US$ 182 million) spanning several jurisdictions in the Caribbean and Central America and across multiple currencies to fund business growth and development across the Caribbean and Central America; the foundation and development of the first ever fund established in the region to finance regional private equity and venture capital (the US$ 32m Caribbean Investment Fund); and the foundation of Jamaica's first specialist investment fund dedicated to mezzanine financing for business growth (the US$ 15m Caribbean Mezzanine Fund). 399:
certification institution); and founder and Chairman of the National Youth Orchestra of Jamaica which delivers music for social change programmes in Jamaica; He has also produced and hosted the Jamaica International Chess Festival with Grandmaster Maurice Ashley and produced concerts at Carnegie Hall and the Kennedy Center featuring Jamaican artists. His international educational affiliations include service as a Director of the Youth Orchestra of the Americas and the role of Co-organiser and Host of TEDx Jamaica.
355:, the prestigious international investment bank. Since returning to Jamaica in 1999, he has structured and negotiated over US$ 1 billion of inbound investment for private equity, business development, acquisition finance, trade finance and infrastructure development. Notable private sector transactions include: the securing of over US$ 300m of direct private equity and debt investment for Jamaican businesses from major international banks and multilateral financial institutions including 383:, on behalf of the Government of Jamaica, in negotiating the early successful termination of the Extended Fund Facility agreement and the entry into the US$ 1.6 billion Precautionary Stand-By Arrangement with the Fund. He has delivered policy related addresses to the annual general meetings or other high level fora of the International Monetary Fund, the Organisation of American States, the Clinton Global Initiative and the Caribbean Development Bank. 228:
expansion of the Musson Group from a substantially Jamaican base to having operations and subsidiaries in over 30 countries with over US$ 1 billion in revenues and market leading businesses in telecommunications, information technology, consumer goods and food manufacturing. The Musson Group is a leading Jamaica-based multinational with four associated companies that are listed on the
224:(the regulator of Jamaica's ports and the developer and owner of Jamaica's cargo and cruise ports); Chairman of the National Housing Trust (Jamaica's state-owned mortgage lender and housing developer) and Chairman of the HEART Trust NTA (Jamaica's largest tertiary level vocational training and certification institution). 386:
Clarke's private sector directorships have cut across several industries and include: in the trading and manufacturing sector, Vice Chairman of the Musson Group (a privately held distribution enterprise covering food, technology and telecommunications and employing 5,000 persons across 30 countries),
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Nigel Clarke was born in St. Andrew, Jamaica on 20 October 1971, in an upper middle class family. His father, Justice Neville Clarke, served as a Jamaican Supreme Court judge for several decades while his mother, Mary Clarke, served as head of the Planning Institute of Jamaica (PIOJ) for almost 20
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Notable public sector initiatives include the completion of the US$ 400 million transaction to divest and expand the Kingston Container Terminal; the facilitation of over 5200 new housing starts in 2017 by way of direct construction, direct financing and financing partnerships with financial
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In addition to his leadership of major economic institutions in the Jamaican public and private sector, Clarke is nationally recognised for his leadership in education and youth empowerment. He served as Chairman of the Heart Trust NTA (Jamaica's largest tertiary level vocational training and
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Prior to his government service, Clarke served as Vice Chairman of the Musson Group, having served previously as chief operating officer and chief financial officer of the Group and as chief executive officer of its major subsidiaries. Clarke played an integral executive leadership role in the
311:, to serve as Jamaica's Ambassador-at-Large for Economic Affairs within the Office of the Prime Minister. Clarke previously served as a Senator in the Upper House of the Jamaican parliament between 2013 and 2015. He then went on to serve as Member of Parliament for the 339:
Clarke is recognised for having led, managed or executed dozens of acquisitions and corporate transactions on behalf of the Musson Group across many sectors. Notable transactions include the acquisition of Nestle's manufacturing business in Jamaica, the acquisition of
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and over 50 other privately held subsidiaries and associated companies. Clarke's executive business experience spanned leadership of transnational mergers and acquisitions, corporate leadership, business development and emerging market business leadership.
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Clarke's tenure as finance minister focused on maintaining macroeconomic stability and navigating the economy through crises. Under his tenure, Jamaica's debt to GDP ratio declined form 110 per cent in 2020 to 72 per cent in 2023.
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Nigel Clarke played a leadership role in the growth and expansion of the Musson Group from a base in Jamaica to having operations and subsidiaries in over 30 countries in the Caribbean, Central America, Europe and the Pacific.
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He has previously served as chairman or director for over 20 Jamaican public and private sector economic enterprises. His public sector directorships have included the
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manufacturing business in Jamaica, the acquisition of the Serge dairy businesses, the acquisition of several technology-related and telecom businesses in the
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institutions (representing the fastest pace of low cost housing construction in Jamaica over two decades); and the role of principal interlocutor with the
316: 1311: 320: 198: 47: 391:(Jamaica's largest financial services holding company), where he also served as a member of the bank's credit committee; in the manufacturing, sector, 1301: 1271: 1266: 1092: 912: 209:, company director, business executive and statesman. On 26 August 2024, Clarke was announced as the incoming Deputy Managing Director for the 864: 1261: 360: 422:
Dr. Clarke was also handed the PSOJ "50 under 50" Business Leadership Award in 2012 by the Private Sector Organisation of Jamaica.
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Clarke went on to marry Professor Rupika Deloga, a fellow student whom he met while at Linacre College. They have two children.
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to pursue further studies at Oxford. In 1997, he earned a Doctor of Philosophy (D.Phil) in Numerical Analysis.
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in 1994. His thesis examined the volatility of the Jamaican Stock Exchange. He went on to receive the
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Dr Clarke was handed the Kiwanis Community Service Award in 2012 from the Kiwanis Club of Kingston.
388: 889: 288: 939:"$ 4 Billion Investment in New BPO Facility to Create 4,500 Jobs – Jamaica Information Service" 636: 465: 246: 1144: 596: 269: 265: 257:, Jamaica. There, he received the Jamaica Independence Scholarship to pursue studies at the 1286: 268:. He also received an award for having the highest marks among students in the Faculty of 217: 264:
In 1992, he graduated from the UWI with a First-Class Honours degree in Mathematics and
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Clarke's foray in politics began in 2016 where he was appointed by Prime Minister
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Jamaican government official, company director, business executive and statesman
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to that seat held on 5 March 2018. Shortly afterwards he was appointed the
220:(Jamaica's central bank and financial services regulator); Chairman of the 356: 1224:"Champion Choices – A Recipe For Success: Donovan Bailey at TEDxJamaica" 1228: 1070: 202: 348:, Central America and Europe among several other such transactions. 275:
Clarke subsequently received the Commonwealth Scholarship to attend
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Clarke started his career as a derivatives trader in London at
812:"Ruel Reid, Dr Nigel Clarke sworn in as Opposition Senators" 542:"HEART launches first workforce college, business incubator" 245:
Nigel Clarke first attended St. Richard's Primary School in
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Jamaica International Chess Festival (8 November 2017).
965:"IFC pumps US$ 20-m equity investment in Facey Group" 1066:"Jamaica International Chess Festival – Highlights" 623:"Justice Neville Clarke is dead - Jamaica Observer" 572:"Facey Commodity's PBS extends Caribbean footprint" 180: 172: 152: 142: 134: 116: 111: 95: 83: 46: 23: 1093:"Inaugural Jamaica Int'l Chess Festival next week" 697:"Lecture and Talk with Hon. Dr. Nigel Clarke" 8: 1044:"Consolidated Offer for Sale and Prospectus" 791:Senator Nigel Clarke Swearing in ceremony1 199:Minister of Finance and the Public Service 48:Minister of Finance and the Public Service 20: 1322:Members of the 13th Parliament of Jamaica 1317:Members of the 14th Parliament of Jamaica 565: 563: 432: 163:The University of the West Indies, Mona 1307:Members of the Inter-American Dialogue 387:in the financial services sector, the 1051:Productive Business Solutions Limited 648: 646: 7: 1257:University of the West Indies alumni 863:Graham, Neville (19 November 2015). 484: 482: 283:. There he earned an MSc degree in 1282:International Monetary Fund people 1171:"NYOJ students get US scholarship" 490:"NHT on track for 15,000 – Clarke" 331:Leadership in business and finance 14: 1312:21st-century Jamaican politicians 361:International Finance Corporation 272:across all campuses of the UWI. 1302:People educated at Munro College 1272:Members of the Senate of Jamaica 315:constituency, after winning the 1267:Government ministers of Jamaica 1222:TEDx Talks (24 December 2012). 788:Joan Peart (28 November 2013), 637:"'I feel I can retire happily'" 365:Inter American Development Bank 654:"Nigel A. L. Clarke Biography" 570:Edwards, Al (1 October 2010). 249:. He then went on to study at 197:(born 20 October 1971) is the 1: 1197:"Take a bow, Dr Nigel Clarke" 473:bank of Jamaica Annual Report 259:University of the West Indies 207:Jamaican Member of Parliament 1262:Finance ministers of Jamaica 1123:South Florida Caribbean News 1017:"Eppley goes back to market" 991:"Eppley launches J$ 377 IPO" 838:"Clarke oversaw rise in GDP" 943:Jamaica Information Service 520:Jamaica Information Service 381:International Monetary Fund 211:International Monetary Fund 195:Nigel Andrew Lincoln Clarke 1338: 373:Caribbean Development Bank 222:Port Authority of Jamaica 188: 107: 64: 53: 42: 466:"Boj Annual Report 2010" 369:European Investment Bank 237:Early life and education 184:Politician, Statistician 597:"The Private Eye eZine" 72:26 March 2018 1042:St. Michael, Warrens. 230:Jamaica Stock Exchange 1145:"Rhoden stops at UWI" 313:North West St. Andrew 303:Political leadership 281:University of Oxford 159:University of Oxford 147:Jamaica Labour Party 1292:Computer scientists 1149:jamaica-gleaner.com 1021:jamaica-gleaner.com 995:jamaica-gleaner.com 869:jamaica-gleaner.com 842:jamaica-gleaner.com 767:jamaica-gleaner.com 741:www.loopjamaica.com 715:jamaica-gleaner.com 546:jamaica-gleaner.com 496:. 30 September 2017 494:jamaica-gleaner.com 389:NCB Financial Group 321:Minister of Finance 16:Jamaican politician 1151:. 8 September 2010 945:. 18 February 2017 917:ifcextapps.ifc.org 892:. 19 December 2017 818:. 28 November 2013 289:Rhodes Scholarship 285:Applied Statistics 1125:. 29 October 2009 1023:. 28 October 2014 192: 191: 1329: 1241: 1240: 1238: 1236: 1219: 1213: 1212: 1210: 1208: 1201:Jamaica Observer 1193: 1187: 1186: 1184: 1182: 1175:Jamaica Observer 1167: 1161: 1160: 1158: 1156: 1141: 1135: 1134: 1132: 1130: 1115: 1109: 1108: 1106: 1104: 1099:. 6 October 2017 1097:Jamaica Observer 1089: 1083: 1082: 1080: 1078: 1061: 1055: 1054: 1048: 1039: 1033: 1032: 1030: 1028: 1013: 1007: 1006: 1004: 1002: 987: 981: 980: 978: 976: 969:Jamaica Observer 961: 955: 954: 952: 950: 935: 929: 928: 926: 924: 911:Bauza, Vanessa. 908: 902: 901: 899: 897: 886: 880: 879: 877: 875: 860: 854: 853: 851: 849: 844:. 27 August 2024 834: 828: 827: 825: 823: 816:Jamaica Observer 808: 802: 801: 800: 798: 785: 779: 778: 776: 774: 759: 753: 752: 750: 748: 733: 727: 726: 724: 722: 707: 701: 700: 693: 687: 686: 684: 682: 668: 662: 661: 650: 641: 640: 633: 627: 626: 619: 613: 612: 610: 608: 593: 587: 586: 584: 582: 576:Jamaica Observer 567: 558: 557: 555: 553: 538: 532: 531: 529: 527: 512: 506: 505: 503: 501: 486: 477: 476: 470: 462: 456: 455: 453: 451: 437: 415: 414: 410: 270:Natural Sciences 266:Computer Science 130: 126: 124: 112:Personal details 98: 86: 79: 77: 69: 21: 1337: 1336: 1332: 1331: 1330: 1328: 1327: 1326: 1247: 1246: 1245: 1244: 1234: 1232: 1221: 1220: 1216: 1206: 1204: 1195: 1194: 1190: 1180: 1178: 1169: 1168: 1164: 1154: 1152: 1143: 1142: 1138: 1128: 1126: 1117: 1116: 1112: 1102: 1100: 1091: 1090: 1086: 1076: 1074: 1063: 1062: 1058: 1046: 1041: 1040: 1036: 1026: 1024: 1015: 1014: 1010: 1000: 998: 989: 988: 984: 974: 972: 963: 962: 958: 948: 946: 937: 936: 932: 922: 920: 910: 909: 905: 895: 893: 888: 887: 883: 873: 871: 862: 861: 857: 847: 845: 836: 835: 831: 821: 819: 810: 809: 805: 796: 794: 787: 786: 782: 772: 770: 769:. 26 April 2016 761: 760: 756: 746: 744: 735: 734: 730: 720: 718: 717:. 11 March 2018 709: 708: 704: 695: 694: 690: 680: 678: 670: 669: 665: 658:jm.linkedin.com 652: 651: 644: 639:. 6 April 2011. 635: 634: 630: 625:. 21 July 2003. 621: 620: 616: 606: 604: 595: 594: 590: 580: 578: 569: 568: 561: 551: 549: 548:. 10 April 2011 540: 539: 535: 525: 523: 522:. 28 March 2017 514: 513: 509: 499: 497: 488: 487: 480: 468: 464: 463: 459: 449: 447: 439: 438: 434: 429: 416: 412: 408: 406: 405: 333: 305: 300: 277:Linacre College 239: 218:Bank of Jamaica 143:Political party 128: 127:20 October 1971 122: 120: 96: 84: 75: 73: 71: 65: 60: 38: 29: 26: 17: 12: 11: 5: 1335: 1333: 1325: 1324: 1319: 1314: 1309: 1304: 1299: 1294: 1289: 1284: 1279: 1274: 1269: 1264: 1259: 1249: 1248: 1243: 1242: 1214: 1188: 1177:. 23 July 2016 1162: 1136: 1110: 1084: 1056: 1034: 1008: 997:. 12 July 2013 982: 971:. 12 June 2014 956: 930: 903: 881: 855: 829: 803: 780: 754: 743:. 5 March 2018 728: 702: 688: 672:"Nigel Clarke" 663: 642: 628: 614: 603:. 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Index

DPhil
MP
Minister of Finance and the Public Service
Incumbent
Andrew Holness
Audley Shaw
Jamaica Labour Party
Alma mater
University of Oxford
The University of the West Indies, Mona
Munro College
Minister of Finance and the Public Service
Jamaica
Jamaican Member of Parliament
International Monetary Fund
Bank of Jamaica
Port Authority of Jamaica
Jamaica Stock Exchange
Kingston
Munro College
St. Elizabeth
University of the West Indies
Computer Science
Natural Sciences
Linacre College
University of Oxford
Applied Statistics
Rhodes Scholarship
Andrew Holness
North West St. Andrew

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