Beautiful Virgin Islands

Saturday, Mar 14, 2026

PMI Group, Inc. Announces Launch of New Offices

PMI Group, Inc. Announces Launch of New Offices

On Saturday, October 2, 2021, PMI Group, Inc. (the “Firm” or “PMI”), celebrated in grand style the launch of its new offices in Suite 1, Third Floor of the Omar Hodge Building located in Wickham’s Cay I, Road Town, Tortola, British Virgin Islands.
During the launch ceremony, guest speaker and BVI financial services icon Dr. Robert Mathavious, OBE, touted the Firm's Founder and Managing Director, Mr. Clarence M. Faulkner, "a shining star who continues to brighten the BVI pathway."

Other speakers, including Dr. Kedrick Pickering (former Deputy Premier of the Virgin Islands), Ms. Sheila George (Managing Partner of George Henry Partners LP and former Chairperson of the Social Security Board), and Mrs. Antoinette Skelton (former Director of the Social Security Board), thanked Mr. Faulkner and his team of twelve (12) for the vision turned reality and their contributions to the BVI’s financial services industry. Reflecting on the Territory's journey of marking its footprints in the regional and global financial services sands of time, Dr. Pickering heralded PMI's journey. He also spoke of the humble beginnings of three (3) staff and the growth through four (4) office locations to the remarkable improvements and accomplishments that now include an investment trading floor, four (4) experienced investment analysts, and an emboldened mission to elevate financial services throughout the Caribbean Region. Ms. George hailed Mr. Faulkner for his “drive, courage, integrity and keen eye for talent and details," while Mrs. Skelton revealed tales of Faulkner's unfaltering commitment to the BVI. Mrs. Skelton highlighted that, "Mr. Faulkner chooses to be here in the BVI, despite the many offers he received regionally and internationally during his stint as SSB's Investment Manager; and his continual pledge to elevate how business is done in the BVI."

Mr. Faulkner, in his remarks to the intimate gathering about the origins of PMI, shared stories of his humble upbringing and his parents' meaningful impact on and support of his life's choices. He spoke of pivotal stages of his journey and how the late Honourable Ralph T. O'Neal (former Premier and Minister of Finance of the Virgin Islands), Mrs. Sandra Scatliffe (former Assistant Vice President and Branch Manager of Banco Popular VI), and Mrs. Antoinette Skelton were instrumental to his development in the formative years of his career. Most notable was Mr. Faulkner's reverent gratitude to his family, whom he explained was the bedrock of his motivation, strength, and endurance, namely his wife Sahodra Faulkner, and children Khalifa, Ethan, Sowmaya, and Xaila. Others recognized for their influence on Mr. Faulkner, whose monikers, as a tribute, are etched in the halls of the new edifice, are the Aiello Family (of Toronto, Canada), Mr. Ian Carrington (Director of Finance and Economic Affairs and former Director of NIS, both of Barbados), and Dr. Robert Mathavious, OBE.

In addition to revealing three prominent areas of the office – The Aiello Trading Floor, The Carrington (a dedicated room for closing meetings), and Mr. Mac's Lounge, the Founder and Managing Director of PMI recognized two longstanding and exceptional team members, Ms. Shaunté Stoutt, Pension Administration Supervisor, and Ms. Elizabeth Keller, Client Relations Manager, who will be awarded the first employee share offerings on January 1, 2022.

The event concluded with the remarks of Mr. Clyde Lettsome, a close friend of the Faulkner family, who stated that "Clarence Faulkner deserves to stand in league with the greats like Cyril B. Romney and H. Lavity Stoutt (both formidable leaders and former Chief Ministers of the Territory)." He added that Mr. Faulkner's vision and financial prowess in the image of PMI are now among the pages of BVI's history and that the Territory should be exceedingly proud. Words of support continued throughout the evening from members of the BVI financial services community, where one stated that "We are no longer local companies but are players on a global stage – PMI understands this."
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Weak Growth Signals UK Economy Was Faltering Even Before Middle East Energy Shock
Marks & Spencer Tops UK Fashion Retail Rankings as Most Considered Brand
United States Launches Trade Investigation Into Allies Over Forced Labour Practices
United States Launches Trade Investigation Into Allies Over Forced Labour Practices
Russia Accuses Britain Over Storm Shadow Strike as London Reaffirms Ukraine’s Right to Self-Defence
Russia Accuses Britain Over Storm Shadow Strike as London Reaffirms Ukraine’s Right to Self-Defence
Royal Navy to Acquire Twenty Uncrewed Surface Vessels for Autonomous Warfare Testing
Russia Summons British and French Envoys After Ukrainian Storm Shadow Strike on Strategic Facility
Starmer Confirms Britain Will Maintain Sanctions on Russia Despite U.S. Policy Shift
UK Moves to Refine AI Definition in Investment Security Reform
UK Economy Stalls in January as Growth Unexpectedly Falls to Zero
Asian Energy Security Tested as Strait of Hormuz Disruption Threatens Oil Supplies
Iran Sets Three Conditions for Ending Regional War as Diplomatic Efforts Intensify
Tesla Secures Approval to Supply Electricity Directly to Homes Across Britain
Prince William Delivers Tribute to Australia’s Naval Alliance Amid Renewed Royal Spotlight on the Country
UK Foreign Secretary Travels to Saudi Arabia to Reinforce Support for Regional Allies
Putin’s ‘Hidden Hand’ May Be Assisting Iran in Conflict With Trump, UK Defence Secretary Warns
UK Sets April Deadline for Tech Platforms to Strengthen Online Protections for Children
Elon Musk Moves Into Britain’s Energy Market as Tesla Wins Licence to Supply Power
UK Watchdog Warns Fuel Retailers Against Profiteering Amid Iran War Price Surge
Report Claims Iran Used UK Charity Network to Expand Influence
United States and United Kingdom Establish Joint Standards for Counter-Drone Technology
Iran May Be Laying Naval Mines in Strait of Hormuz, UK Warns Amid Escalating Gulf Tensions
US Deploys Bunker-Buster Bombs to UK Airbase as Iran Conflict Intensifies
British Troops in Iraq Intercept Iranian Drones Targeting Coalition Base
Release of Mandelson Files Raises Tensions as UK Seeks Stable Relations With Donald Trump
UK Documents Reveal Starmer Was Warned About Mandelson’s Epstein Links Before Ambassador Appointment
Nearly Five Hundred UK Mortgage Deals Withdrawn in Two Days as Market Volatility Forces Lenders to Reprice
Three Cargo Ships Hit Near Iran as Attacks Spread to Strategic Strait of Hormuz
Why British Police Repeatedly Declined to Investigate Jeffrey Epstein’s UK Links
UK Parliament Ends Hereditary Seats in House of Lords, Closing Chapter on Centuries of Aristocratic Lawmaking
EU and UK Urge Israel to Act Against Rising West Bank Settler Violence Amid Regional Tensions
US Senator John Kennedy Says Keir Starmer Should Not Be Trusted for Military Advice Amid Iran War Debate
UK High Court Rejects Attempt to Revive Terrorism Charge Against Kneecap Rapper
Revolut Secures Full UK Banking Licence After Multi-Year Regulatory Wait
Kentucky’s Bench Boost Powers Wildcats Past LSU in SEC Tournament Opener
British Couple Die After Being Pulled From Water at Australian Beach During Family Visit
British Airways Suspends UK Repatriation Flights as Middle East Travel Disruption Deepens
US Forces Prepare Ordnance at RAF Fairford as Strategic Bombers Deploy for Middle East Operations
Nigel Farage Faces Criticism After Saying Britain Should Stay Out of Iran War
Landmark UK Trial Begins Over Sony’s PlayStation Store Pricing
UK High Court Rejects Bid to Challenge Britain’s Chagos Islands Agreement With Mauritius
Finnish Duo Triumphs in England’s Annual Wife-Carrying Race, Winning a Barrel of Ale
How U.S. and UK National Security Strategies Are Reshaping the Global Business Landscape
Green Party Gains Momentum as Labour Shifts Toward the Political Centre
Royal Navy Destroyer HMS Dragon Sets Sail for Eastern Mediterranean as Regional Tensions Rise
UK Homebuilder Persimmon Warns Iran Conflict Could Dent Property Buyer Confidence
Roman Abramovich Signals Legal Fight if UK Seeks to Seize Chelsea Sale Funds
UK Ready to Back Emergency Oil Reserve Release as Middle East Conflict Pushes Prices Higher
Study of 40,000 Articles Sparks Debate Over Alleged Anti-Muslim Bias in UK Media
×