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Michael Lee-Chin Appointed Chairman of the Government of Jamaica's Economic Growth Council
Michael Lee-Chin, Chairman of Portland Holdings and Chairman and controlling shareholder of National Commercial Bank Jamaica Limited, was appointed Chairman of the Government of Jamaica's newly established Economic Growth Council ("EGC") by Jamaican Prime Minister Andrew Holness on April 27th, 2016.
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Jamaica Government Launches Economic Growth Council
The Government has officially launched its Economic Growth Council, which will be chaired by businessman, Michael Lee-Chin. The Council is set up to advise the Government on a framework of proposed initiatives along with sub-initiatives that are expected to yield economic growth.
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November 2015 - NCB announces acquisition of 29.9% stake in Gaurdian Holdings Limited
This will be achieved through a private sale of shares owned by the Lok Jack and Ahamad families and the International Finance Corporation, the private sector arm of the World Bank.
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April 26, 2010 - The Trust for the Americas, a non-profit affiliate of the Organization of American States (OAS), is pleased to formally announce its new board member, renowned Canadian business leader, Mr. Michael Lee-Chin.
WASHINGTON, D.C – The inclusion of Mr. Lee-Chin on the Trust board is significant for the non-profit, which implements programs that reflect the goals of OAS member states in 22 countries in Latin America and the Caribbean. The Trust has long partnered with the Canadian government and implemented programs in the Caribbean. Mr. Lee-Chin’s addition to the Trust board has allowed the Trust to benefit from his significant business knowledge and expertise, and his commitment to Canada and the Caribbean.
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April 8, 2010 - New name for corporate citizenship institute at Rotman School of Management
TORONTO, ONTARIO – A respected research centre for corporate citizenship at the University of Toronto’s Rotman School of Management has been renamed the Michael Lee-Chin Family Institute for Corporate Citizenship (Lee-Chin Institute). Formerly the AIC Institute for Corporate Citizenship, the name changed to honour the continuing involvement of founding donor Michael Lee-Chin and his family, following the sale of AIC’s Canadian retail investment business.
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Portland announces agreement to sell AIC holding to Manulife
BURLINGTON, ONTARIO – Portland Holdings, a privately held investment company founded by Michael Lee-Chin that owns a collection of diversified businesses operating in sectors that include media, tourism, health care, telecommunications and financial services, today announced that it has agreed to sell the Canadian retail investment fund business of its AIC holding to Manulife Financial, subject to regulatory and securityholder approval.
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Michael Lee-Chin awarded one of Jamaica's highest national honours
Kingston, Jamaica, October 24, 2008 - Michael Lee-Chin's outstanding achievements in business and the depth of his philanthropic initiatives have earned him one of Jamaica's highest National honors, the Order of Jamaica.
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National Commercial Bank is 2007 LatinFinance Bank of the Year
National Commercial Bank is the LatinFinance 2007 Jamaica - Best Bank of the Year. NCB’s success is attributed to the ambitious growth plan implemented to position the Bank as one of the most prolific Banks in the Caribbean.
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Top student leaders and entrepreneurs coming together to build a better Canada
Toronto, November 6, 2007 - Today's youth are bringing new perspectives and approaches to business that will improve Canada's competitiveness in the global economy. Influential business leaders and entrepreneurs are getting a first-hand glimpse at some of Canada's future leaders at this year's Impact Leadership Conference presented by the Business Development Bank of Canada (BDC).
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Portland Holdings Announces Sale of Berkshire-TWC Financial Group Inc.
to Manulife Financial Corporation

Toronto, June 26, 2007 - Portland Holdings announced today that subject to regulatory approvals, Manulife Financial Corporation will acquire Berkshire’s mutual fund and securities dealerships in Canada, consisting of more than 700 Advisors and 237 branches across Canada. The deal is expected to close by August 31, 2007.
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Portland founder Michael Lee-Chin receives honorary Doctor of Laws degree from the University of Toronto
Toronto, June 19, 2007 - Michael Lee-Chin, businessman and one of Canada’s leading philanthropists, received an honorary doctor of laws degree from the University of Toronto at a convocation ceremony held today. Also receiving honorary degrees this year from the university are such notable Canadians as Robert Bateman, Barbara Turnbull, Tomson Highway and Wallace F. McCain.
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