The Tribune

BAF Financial has appointed accountant Wayne J. Aranha and Merritt Storr, an attorney, to its Board of Directors.

The financial services provider’s chairman, Basil L. Sands, said: “These two gentlemen will complement our existing dynamic Board members, bringing a level of skill and knowledge that can only serve to strengthen our position as a leader in financial services.

“BAF is a strong Bahamian institution with a legacy that spans almost a century. We welcome Messrs Aranha and Storr to the team”

Mr Aranha, BAF Financial’s new deputy chairman, is a former partner at PricewaterhouseCoopers PwC) Bahamas and a past president of the Bahamas Institute of Chartered Accountants (BICA).

He has served as a director on the Boards of various entities, including the Institute of Chartered Accountants of the Caribbean; the Central Bank of the Bahamas; and the Water & Sewerage Corporation.

Mr Aranha is also a former chairman of the Utilities Regulation & Competition Authority (URCA), and a past commissioner of the Insurance Commission of the Bahamas.

Mr Storr is managing partner at the law firm of Chancellors Chambers. He currently serves on several Boards, including the National Insurance Board; the Board of Governors at Bahamas Faith Ministries International; and JMEL Enterprises, where he is the President.

BAF Financial & Insurance (Bahamas) is a full service financial company, with offices throughout the Bahamas, offering a wide range of life and health insurance, pensions, mortgages and investment solutions.

It is a member of the BAF Global Group, with offices also in Turks and Caicos and the Cayman Islands.