February 11, 2011: The Chairman of the Unit Trust Corporation is extremely pleased to announce that Ms. Eutrice Carrington has been appointed as UTC’s Executive Director by the Board in consultation with the Central Bank and in accordance with section 7(1) of the Unit Trust Corporation of Trinidad and Tobago Act 1981.
Ms. Carrington has been with the UTC for nearly 20 years. She has served the Corporation in a number of capacities, including Chief Executive Officer Financial Services, Vice President Asset Management, Manager Investment Management, Security Analyst and, Portfolio Manager. Ms. Carrington holds a Bachelors of Science honours degree in Economics and a Master’s of Science in Economics.
In congratulating Ms Carrington on her new appointment, Mr. Ewart Williams, Governor of the Central Bank noted that her sterling contribution to the UTC over the past several years made her uniquely suited to leading the Corporation over the next few years when market competition and new regulatory requirements would present new challenges.
During her professional career, Ms. Carrington has served as secretary of the Economics Association of Trinidad and Tobago. She was also a member of the Technical Committee appointed by the Cabinet of Trinidad and Tobago to assist in the formulation of Mutual Fund Legislation. Ms. Carrington sits on the Board of two publicly traded companies.
In the coming weeks, Ms Carrington will meet with employees throughout the organisation, as well as with Unitholders and members of the corporate sector.
The Corporation hopes that all our Unitholders will join with us in congratulating Ms Carrington on this new appointment.