Richard Morais, Gleaner Writer

From left: Montego Bay Chamber of Commerce president, Pauline Reid, Phyllis Thomas of Jamaica Dispatch Services Limited, and Jackie Robb chit-chat at the Scotiabank event. Photos b y Janet Silvera

WESTERN BUREAU:

Scotiabank is investing about 4.2 billion dollars in St. James to construct two new structures to be completed by latest the last quarter of 2010.

President and chief executive officer of the bank, William Clarke, made the announcement at a reception at Rose Hall Resort & Country Club, Three Palms Restaurant, last Wednesday.

Chris Parnell with Dehring, Bunting & Golding chief executive officer, Anya Schnoor, at the Scotiabank "Meet the President Reception" at the Rose Hall Resort & Country Club, last Wednesday.

The structures will be at Rose Hall and Fairview. The Rose Hall structure will will cost a third of the figure. It will take about 15 months form start-up time, 12 months from now. The second structure at Fairview should take about 18 months from a similar start-up time.

"The building will be state-of-the-art, well equipped to carry out many things we cannot now do at the Westgate or at Sam Sharpe Square locations; the new facility will have the best in technology,' Clarke stressed.

Scotiabank's president and chief executive officer, William Clarke (centre), with Councillor Mexine Bisasor of the Montego Bay north- east division, and Oliver Holmes of Capital Options, at the Scotiabank reception.

This veteran banker used the occasion to introduce Dehring, Bunting & Golding chief executive officer, Anya Schnoor, to the guests. A large gathering of customers attended the reception.