UTC Media Centre

Opening Remarks
Delivered by
Mr. Ian Chinapoo

Executive Director of the T&T Unit Trust Corporation

At the opening of the T&T UTC Schools’ Investment Game 2015-2016

Wednesday September 16th 2015

At the UTC Financial Centre, Port of Spain

• Mr. Krishna Boodhai, Chairman, Unit Trust Corporation
• Mr. Philip Williams, Research Manager
• Members of the Management Team of the Corporation
• Teachers
• Students
• Members of the Media
• Ladies and Gentlemen

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Preserving tradition, UTC supports Tobago Heritage Festival

September 1^st 2015: The Unit Trust Corporation partnered with the Tobago Heritage Festival by supporting the Canaan/Bon Accord Village Council in its theatrical production, “It takes a Village to Raise a Child.”

The UTC made a tangible contribution of $50,000, highlighting its continued commitment towards community development and cultural enrichment. “Preserving our traditional ways is what gives us our identity as well as keeping a long standing history and culture alive and vibrant,” said UTC’s Executive Director, Ian Chinapoo, in his address as he endorsed this year’s theme “Community Treasures: Recognition.”
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The Trinidad and Tobago Unit Trust Corporation hosted a “Legacy of Excellence” ceremony on Friday 21st August, to recognize the sterling contributions of five outstanding board members whose roles have contributed considerably to the success of the thirty- three (33) year old financial institution. The five honorees – former Chairman, Mr. Wendell Mottley, former board members Mrs. Michal Yvette Andrews, Mr. Terrence Bharath, Mr. Dennis Gurley and current board, Mr. Peter Clarke were lauded for their work and dedication to the Unit Trust. Mr. Krishna Boodhai, UTC’s Chairman, sincerely thanked the honourees for their unwavering support and key insight they provided to the UTC during their tenure on the board. Read More

Councilor Dr. Denise Tsoiafatt-Angus, Secretary of Community Development and Culture
Area Representative – Assemblyman Huey Cadette
President Canaan/Bon Accord Village Council Ms. Delores Edwards
Tobago Heritage Festival Committee
Members of the Canaan/Bon Accord Village Council
Invited Guests
Media Representative
Ladies and Gentlemen
 

It gives me great pleasure to be here with you once again on this joyous occasion to celebrate and share with you. I always look forward to this event with eager anticipation. Tobago is so rejuvenating, still so beautiful and awe-inspiring. As you traverse this island, you can’t help but be moved by the energy of its people, the hospitality and friendliness permeates everything. It is a slice of heaven and an oasis of tranquility. Read More

Mr Krishna Boodhai appointed as new UTC Chairman

The Trinidad and Tobago Unit Trust Corporation made a financial contribution of $100,000.00 to the Emancipation Support Committee in support of the Trans-Atlantic Trade and Investment Symposium recently held at the Hilton Trinidad. The symposium provided a forum for discussion on trade and focused on prospects for business engagement between Trinidad and Tobago and Africa.

Here, Ms. Natasha Davis, UTC Assistant Vice President, Marketing and Communications presents the cheque to Mr. Kaffra Kambon (right), chairman of the Emancipation Support Committee and Mr. Wale Ajibade, an international financial expert and panelist at the symposium.

Address delivered by

Mr. Ian Chinapoo – Executive Director

UTC’s SEA Scholarship Award Ceremony

July 31, 2015

• Members of the Management Team of the Unit Trust Corporation
• Dieonne Guischard, Youth Education Manger, Families In Action
• Rynessa Cutting, Past SEA Scholar
• UTC Scholars
• Parents, grandparents and relatives
• Members of the Media
• Ladies and Gentlemen

I welcome to the 19^thannual Unit Trust CorporationSEA Scholarship Awards.

I am sure that you feel an immense measure of pride at having gone through the rigour of the SEA examination, from the day you received your results and even now you would feel that sense of accomplishment and self-worth. For many of you it will be a moment that you’ll cherish for a lifetime.You will feel it even more when you put on that uniform, to your new school and why not? You would have earned it.This is an occasion to celebrate your success and we are happy to celebrate it with you. Read More

A diverse group of business and non- business students will have the opportunity to gain practical hands-on experience during the two-month internship program at the Trinidad and Tobago Unit Trust Corporation.

The twenty-eight (28) secondary and tertiary students were officially welcomed by Mr. Nigel Edwards, Vice President, Finance and Mrs. Judith Sobion, Vice President, Corporate Support Services during the orientation ceremony on Monday 6th July at the Financial Centre. Emphasizing the benefit of program to the eager interns, Mr. Edwards said “ The UTC internship will allow you to complement and hone your current studies by applying what they are learning in our classrooms in the workplace environment,” Read More

Balancing the realities of an ageing population and increased life expectancy means that for the modern Trinbagonian, retirement may no longer be guaranteed but now, a matter of prudent investment. As life expectancy increases, the need for extended retirement planning has become a matter of necessity. The current age of retirement in Trinidad and Tobago is standardized at 60 years of age. While this has been the subject of active debate, it also seems unlikely to change in the near future. The most recent data (sourced from Trinidad and Tobago’s own National Financial Literacy Programme) illustrates that as far back as 2006, persons 60 years old and over numbered 130,000 or 10 % of the population, compared to 87,000 or 8.0% of the population in 1980.

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