PMO Abdool-Richards appointed to Angostura board

Home*Cover Story*News

PMO Abdool-Richards appointed to Angostura board

Dr Maryam Abdool-Richards and Franka Costelloe have both been appointed to the board of directors at Angostura Holdings Ltd.

In an advertisement, the company stated that the appointment was in effect from November 16.

Abdool-Richards is the Principal Medical Officer of Health and a director on the board of the National Insurance and Property Development Company (Nipdec). Costelloe is a director of Lifetime Roofing Ltd, chairman of InvesTT board of directors, and a director on the board of First Citizens Bank Ltd. She is a former president of the TT Manufacturers’ Association.

Angostura chairman, Terrance Bharath, in an interview with the Newsday said “The House of Angostura welcomes the two new additions to its board – Ms Franka Costelloe and Dr Maryam Richards – and looks forward to fostering a well grounded and productive relationship with the two new directors who we view from their experience and academic qualifications as being positive influences on Angostura’s continued path towards expansion, development and modernisation. They will be formally welcomed at the next sitting board meeting.”

Abdool-Richard said there is no conflict of interest because her duties at Angostura are fully separate from the ministry. She is also not a personal shareholder and has submitted all statutory requirements.

“I hold an EMBA from the Arthur Lok Jack Graduate School of Business and consider myself to be academically qualified to hold a directorship on any corporate board in TT. I believe I bring a different perspective from existing board members for diversity and innovation, based on academic qualifications, skills, training and previous board experience in project management, procurement and corporate governance at Nipdec and ERHA.”

In addition to the EMBA (executive master’s in business administration and management), she also holds master’s degrees in family medicine from The University of the West Indies and in public health in developing countries from the London School of Hygiene and Tropical Medicine.

She said: “I believe that I can add a different perspective that can assist in policy development, risk mitigation (pandemic) based on my qualifications in clinical medicine, public health (scenario planning) skill, and experience. I am appreciative of the board’s consideration and look forward to contributing to the company in my capacity as a director.”