Agostini Ltd’s group controller tenders resignation

In a significant corporate development, Trinidad and Tobago conglomerate Agostini Limited has announced the departure of Group Controller Trudy N Ramdath, effective January 5. The resignation was formally disclosed through a material change notice published by the TT Stock Exchange on December 30.

The company’s board of directors confirmed Ramdath’s exit in compliance with Section 64(1)(b) of the Trinidad and Tobago Securities Act, 2021. The announcement, signed by Company Secretary Nadia James-Reyes Tineo and dated December 29, provided no explanation for the senior executive’s decision to step down.

Ramdath originally assumed the group controller position on May 29, 2023, bringing with her substantial financial expertise gained over 17 years as chief financial officer at a prominent local enterprise. Her professional credentials include membership in both the Association of Chartered Certified Accountants (ACCA) and the Chartered Governance Institute.

Agostini Limited operates as a regional conglomerate with extensive interests across three core sectors: pharmaceutical and healthcare, consumer products, and energy and industrial services. The company maintains operations in ten regional markets while exporting to over 20 additional countries, supported by a workforce exceeding 3,500 employees.

The company’s leadership structure includes Christian Mouttet as chairman, Francois Mouttet as executive director, and Barry A Davis as chief executive officer. The board further comprises non-executive directors Reyaz W Ahamad, Wayne A Frederick, Caroline Toni Sirju-Ramnarine, Nicholas Sinanan, and Jorge Sequeira, alongside independent directors Lisa M Mackenzie, Joanna Banks, and T Nicholas Gomez.