GraceKennedy Financial Group

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Don Wehby Honoured as 2025 GKMS/Western Union CHAMPS ICON for Transformative Impact on Jamaica’s Premier Athletic Event GraceKennedy Money Services (GKMS)/Western Union has named retired GraceKennedy Group CEO, The Honourable Don Wehby, OJ, CD, as the 2025 GKMS/WU ICON at the ISSA/GraceKennedy Boys and Girls Championships (CHAMPS). The announcement was made during a special ceremony at CHAMPS on Friday afternoon, which highlighted Wehby’s legacy as both a former athlete and a transformative corporate leader. The prestigious recognition also celebrates Wehby’s unparalleled contributions to the event’s growth and global prominence and the development of sports in Jamaica.   Wehby’s connection to CHAMPS dates back to his student-athlete days, when he competed as a hurdler for St. George’s College from 1977 to 1982. His achievements on the track—including a Class 3 100-metre hurdles title in 1978 and silver medals in the 110-metre and open 400-metre hurdles in 1982—laid the foundation for his lifelong passion for the event.   Wehby’s leadership of GraceKennedy as Group CEO solidified his legacy as a driving force behind CHAMPS' continued success. Under his stewardship, GraceKennedy deepened its commitment, investing over US$1 million annually—its largest sponsorship investment globally. His unwavering support was evident in his personal involvement, attending nearly every CHAMPS launch and never missing a Saturday final.   “Don Wehby’s vision and dedication have been instrumental in elevating CHAMPS to international recognition,” said Grace Burnett, President and CEO of GraceKennedy Money Services. “His belief in the power of youth and sport has not only transformed this event but has also inspired countless young athletes across Jamaica. We are honoured to celebrate his extraordinary contributions.”   Margaret Campbell, Chief Operating Officer of GKMS, echoed these sentiments: “Don’s passion for CHAMPS was undeniable. He understood the profound impact this event has on our youth and our nation. Under his leadership, GraceKennedy’s support went beyond sponsorship—it became a true partnership focused on fostering excellence and empowering the next generation.”   The GKMS/WU ICON award honours individuals whose dedication and passion have left an enduring mark on CHAMPS, inspiring future generations of athletes.   At the ceremony Wehby was represented by his executive assistant of 23 years, Mrs. Camile Mundell Barrett. During the presentation emcee Ryan Dixon reflected on Wehby’s journey from young athlete to corporate leader.   Wehby has had a distinguished career as a Chartered Accountant, Government Minister, Senator, and CEO of one of the Caribbean’s largest and most dynamic conglomerates, which serves as a powerful example of how discipline and determination can shape a remarkable future.   Wehby, who retired as GraceKennedy’s Group CEO in February 2025 was bestowed the Order of Jamaica, by the Government of Jamaica in 2024.

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GraceKennedy Financial Group Moves to Fully Acquire Key Insurance GraceKennedy Financial Group (GKFG), the financial services division of GraceKennedy Limited (GK), has announced a J$403.71 million takeover bid to acquire the remaining 27% of Key Insurance Company Limited (Key). This strategic move reinforces GKFG’s commitment to expanding its presence in the general insurance market while driving growth and value for customers and shareholders. GKFG, which currently holds approximately 73% of Key’s shares, is offering J$2.70 per share. The offer opens on March 24, 2025, and closes on April 22, 2025. Deputy CEO of GKFG, Steven Whittingham, who oversees GK’s insurance segment, highlighted the benefits of the acquisition, “This transaction aligns with GK’s strategy of unlocking value in the general insurance sector. By fully incorporating Key into GKFG, we can enhance efficiencies and strengthen our competitive position. Our focus remains on innovation, customer satisfaction, long-term stability, and delivering superior products and services.” Grace Burnett, CEO of GKFG, emphasized GK’s longstanding commitment to general insurance, “GK has been serving general insurance customers for over 50 years. Since acquiring a majority stake in Key Insurance in 2020, we have significantly strengthened its operations and expanded its market reach. Key marked its 40th anniversary in 2022 and has built a reputation for reliability and excellence over the decades. We are dedicated to preserving that legacy while driving future growth for the business.” GraceKennedy Group CEO, Frank James, noted that the move supports GK’s Vision, which includes a focus on expanding and enhancing the Group’s financial services and delivering strong shareholder returns. “GKFG’s bid to acquire full ownership of Key underscores GK’s commitment to maximizing stakeholder value. The transaction is expected to unlock operational efficiencies, drive synergies, and enhance customer service, solidifying Key Insurance’s role within our Group.” Key Insurance is currently listed on the Main Market of the Jamaica Stock Exchange (JSE).  

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For every ceiling you continue to break, For the amazing innovations you make, For the way you push forward in every way, Happy International Women’s Day!

On this Ash Wednesday, we reflect on the power of renewal and intentionality in our lives. This day invites us to pause, contemplate, and set meaningful intentions for the journey ahead. In the spirit of ‘Ashes to Renewal,’ let’s embrace mindfulness, extend kindness to others, and move forward with purpose and clarity. May this be a time of reflection, growth, and renewed commitment to the things that truly matter. 🌿✨ #AshWednesday #AshesToRenewal #Mindfulness #IntentionalLiving

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