The board of Massy Hold­ings Ltd an­nounced yes­ter­day the ap­point­ment of Ja­maican fi­nan­cial ex­ec­u­tive, Patrick Hyl­ton, as chair­man des­ig­nate of the group, ef­fec­tive June 1, 2026.

In a news re­lease on its web­site, Massy said Robert Ri­ley will con­tin­ue to serve as chair­man of the com­pa­ny and to lead the board in that ca­pac­i­ty, ex­er­cis­ing all pow­ers, du­ties, and re­spon­si­bil­i­ties of the chair­man’s of­fice.

Massy said Hyl­ton’s ap­point­ment forms part of the Board’s es­tab­lished suc­ces­sion plan­ning process and re­flects its com­mit­ment to strong gov­er­nance, lead­er­ship con­ti­nu­ity and the or­der­ly tran­si­tion of board lead­er­ship over the long term.