Sagicor Head Office in Wildey, remained in honour of Cecil Francis De Caires. at Sagicor Head Office, in Wildey, St. Michael.
The late Cecil F. De Caires was lauded for his contribution to the insurance sector in Barbados by Minister in the Office of the Prime Minister, Senator Darcy Boyce last Friday evening.
The accolades came during the re-naming ceremony of the Sagicor Head Office in Wildey, St. Michael, in honour of Mr. De Caires, followed by the unveiling of his bust.
Senator Boyce stated that he believed it was appropriate for Sagicor to rename its headquarters in remembrance of Mr. De Caires.
Son of the late Cecil Francis De Caires, Geoffrey De Caires with designer of the Bust Jason Hope at Sagicor Head Office, in Wildey, St. Michael.
"The company has remained profitable and well run, and the business of Life of Barbados has been and continues to be a significant part of the portfolio of Sagicor.?? Life of Barbados, the company started by Cecil De Caires, has been a significant contributor to Sagicor and this Sagicor Head Office building was also, at one time, the headquarters building of Life of Barbados.
"It is, therefore, fitting that Sagicor, which is now a beacon in the Barbados insurance sector, should want to rename its headquarters in memory of Cecil De Caires, an earlier beacon in the Barbados insurance sector, the founder of Life of Barbados, and a person with the same type of entrepreneurial disposition as Sagicor," he said.??????
Furthermore, Senator Boyce added that it was also important to remember the philanthropic work of Mr. De Caires.
"[He] was also a great champion of volunteer service to various charities and was considered the "Father of Lionism" in Barbados. He also served as Chairman of the Thelma Vaughan Memorial Home for the Physically Handicapped and as President of the Barbados and the Caribbean Association for the Mentally Retarded," the Minister explained.??
Family, friends, former business partners and other members of the insurance and business sector in Barbados and across the Caribbean were on hand for the ceremony.??