Beautiful Virgin Islands

Saturday, Sep 06, 2025

CCT’S CEO Averad Penn receives corporate leadership award

CCT’S CEO Averad Penn receives corporate leadership award

On Saturday evening October 29, 2022, among the Territory’s leading business executives, members of Government, and visiting regional guests, CCT’s Chief Executive Officer, Averad Penn, was awarded the BVI Investment Club’s (BVIIC) Corporate Leadership Award.
The award was given during the BVIIC’s 30th Anniversary Black Tie Dinner. The award acknowledges and celebrates exemplary leadership that has a significant and positive impact on advancing the organization. Within the Club’s portfolio of interests, the recipient must demonstrate initiative, promotes a work environment that is respectful, collegial, and supportive, leads an effective team to achieve results, and is an excellent role model.

In accepting the award, Penn acknowledged the hard work of his entire team at CCT. “I humbly accept not as an individual but on behalf of all the managers and staff of Caribbean Cellular Telephone who make me look good every day. Leaders are only as good as their people, and I am very fortunate to have such excellent people.”

Penn also thanked the Club for acting on its vision of economic empowerment for Virgin Islanders. Penn adds, “The Club’s initial investment has provided the opportunity for our young people to find a remarkable opportunity at a dynamic, agile, and competitive telecommunications company. We have proven that we have what it takes to compete with the big multinational providers, and if given a chance, we are as good, or better, than anyone.”

Penn became the CEO of CCT in 2013 and swiftly began reorganizing the company. Under Penn’s leadership, CCT was led from a deficit position to profitability while navigating regulatory and technological changes and the historical impact of Hurricanes Irma and Maria in 2017.

Penn completed his undergraduate degree at Dartmouth College in New Hampshire before attaining an MBA and Juris Doctorate from Cornell University in New York. He held a Financial Industry Regulatory Authority General Securities License and was called to the New York State Bar. Before returning to the BVI in 2007, he worked at PricewaterhouseCoopers and managed the global strategic sourcing team of JP Morgan Chase.

Other awards given out on the celebration of the Investment Club’s 30th anniversary year were the Secretariat Award to Ermyn Richardson; Community Awards given to Judith Charles and Nurse Bernet Scatliffe; and Entrepreneurship Awards to Kristin Fraser and Sinclair Flemming.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Trump Threatens Retaliatory Tariffs After EU Imposes €2.95 Billion Fine on Google
Tesla Board Proposes Unprecedented One-Trillion-Dollar Performance Package for Elon Musk
US Justice Department Launches Criminal Mortgage-Fraud Probe into Federal Reserve Governor Lisa Cook
Escalating Drug Trafficking and Violence in Latin America: A Growing Crisis
US and Taiwanese Defence Officials Held Secret Talks in Alaska
Report: Secret SEAL Team 6 Mission in North Korea Ordered by Trump in 2019 Ended in Failure
Gold Could Reach Nearly $5,000 if Fed Independence Is Undermined, Goldman Sachs Warns
Uruguay, Colombia and Paraguay Secure Places at 2026 World Cup
Florida Murder Case: The Adelson Family, the Killing of Dan Markel, and the Trial of Donna Adelson
Trump Administration Advances Plans to Rebrand Pentagon as Department of War Instead of the Fake Term Department of Defense
Big Tech Executives Laud Trump at White House Dinner, Unveil Massive U.S. Investments
Tether Expands into Gold Sector with Profit-Driven Diversification
‘Looks Like a Wig’: Online Users Express Concern Over Kate Middleton
Brand-New $1 Million Yacht Sinks Just Fifteen Minutes After Maiden Launch in Turkey
Here’s What the FBI Seized in John Bolton Raid — and the Legal Risks He Faces
Florida’s Vaccine Revolution: DeSantis Declares War on Mandates
Trump’s New War – and the ‘Drug Tyrant’ Fearing Invasion: ‘1,200 Missiles Aimed at Us’
"The Situation Has Never Been This Bad": The Fall of PepsiCo
At the Parade in China: Laser Weapons, 'Eagle Strike,' and a Missile Capable of 'Striking Anywhere in the World'
The Fashion Designer Who Became an Italian Symbol: Giorgio Armani Has Died at 91
Putin Celebrates ‘Unprecedentedly High’ Ties with China as Gazprom Seals Power of Siberia-2 Deal
China Unveils New Weapons in Grand Military Parade as Xi Hosts Putin and Kim
Queen Camilla’s Teenage Courage: Fended Off Attempted Assault on London Train, New Biography Reveals
Scottish Brothers Set Record in Historic Pacific Row
Rapper Cardi B Cleared of Liability in Los Angeles Civil Assault Trial
Google Avoids Break-Up in U.S. Antitrust Case as Stocks Rise
Couple celebrates 80th wedding anniversary at assisted living facility in Lancaster
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
The White House on LinkedIn Has Changed Their Profile Picture to Donald Trump
"Insulted the Prophet Muhammad": Woman Burned Alive by Angry Mob in Niger State, Nigeria
Trump Responds to Death Rumors – Announces 'Missile City'
Court of Appeal Allows Asylum Seekers to Remain at Essex Hotel Amid Local Tax Boycott Threats
Germany in Turmoil: Ukrainian Teenage Girl Pushed to Death by Illegal Iraqi Migrant
United Krack down on human rights: Graham Linehan Arrested at Heathrow Over Three X Posts, Hospitalised, Released on Bail with Posting Ban
Asian and Middle Eastern Investors Avoid US Markets
Ray Dalio Warns of US Shift to Autocracy
Eurozone Inflation Rises to 2.1% in August
Russia and China Sign New Gas Pipeline Deal
China's Robotics Industry Fuels Export Surge
Suntory Chairman Resigns After Police Probe
Gold Price Hits New All-Time Record
Von der Leyen's Plane Hit by Suspected Russian GPS Interference in an Incident Believed to Be Caused by Russia or by Pro-Peace or by Anti-Corruption European Activists
UK Fintechs Explore Buying US Banks
Greece Suspends 5% of Schools as Birth Rate Drops
Apollo to Launch $5 Billion Sports Investment Vehicle
Bolsonaro Trial Nears Close Amid US-Brazil Tension
European Banks Push for Lower Cross-Border Barriers
Poland's Offshore Wind Sector Attracts Investors
Nvidia Reveals: Two Mystery Customers Account for About 40% of Revenue
Woody Allen: "I Would Be Happy to Direct Trump Again in a Film"
×