SFCL Announces New Chairman Mahmood Khimji

January 05, 2022

Sagicor Financial Company Ltd. announces the retirement of Mr. Timothy Hodgson as director and chair of the Board of Directors. His retirement is effective December 31, 2021. Mr. Hodgson assumed the role of chair on completion of the Alignvest/Sagicor transaction in 2019. He will be succeeded by independent director, Mr. Mahmood Khimji. Mr. Hodgson will also be retiring as director on all the other subsidiary boards within the Sagicor Group of Companies, on which he serves.

Mr. Hodgson was the chair of Alignvest Acquisition II Corporation and was instrumental in the development and completion of the Alignvest/Sagicor transaction. He ably led the Company through its successful transition to a TSX listed entity.

Mr. Mahmood Khimji joined the Board in 2019, on completion of the Alignvest/Sagicor transaction. He is an independent director and currently chair of the Capital Allocation Committee of the board. Mr. Khimji is a founding principal of Highgate, a real estate investment and hospitality management company. Prior to founding Highgate, Mr. Khimji practiced law at Paul, Weiss, Rifkind, Wharton & Garrison.