McLetchie to lead Massy Holdings from October 1

The Board of Directors of Massy Holdings Ltd. has announced the appointment of James McLetchie as President and Chief Executive Officer, effective October 1, 2025.

McLetchie will succeed David Affonso, who will retire on September 30 after more than three decades with the group. The leadership change follows a succession process aligned with the company’s strategy and long-term objectives.

McLetchie joined Massy in August 2023 as Executive Vice President and Group Chief Financial Officer. In January 2025, he was appointed Deputy CEO. Over the past 18 months, he has worked with Affonso and the Board on the Group’s plans for growth and value creation across regional and international markets.

A native of Santa Cruz, McLetchie began his education at Boissiere RC in Maraval and started his career at PricewaterhouseCoopers in Trinidad. He spent 25 years abroad in senior roles at McKinsey & Company and Aveva, a software company listed on the London Stock Exchange. His experience includes leading teams through growth, transformation, and mergers and acquisitions in global markets.

Chairman Robert Riley said McLetchie’s global experience and leadership approach position him to lead the company’s next phase. Riley expressed appreciation to Affonso for his work in developing the Integrated Retail and Distribution portfolio, which contributes over 65 percent of the Group’s revenue.

McLetchie expressed gratitude for the confidence placed in him, noting his intention to build on the foundation established by previous leaders. He said his focus will include creating opportunities for employees, serving customers, and working with stakeholders to achieve growth that benefits communities and future generations.

The Massy Group stated its continued commitment to creating shared prosperity and delivering positive impact in the Caribbean and beyond.