–NCB Capital Markets CEO says

HIGHLIGHTING that Guyana is at a pivotal moment in its development, Chief Executive Officer (CEO) of the NCB Capital Markets limited, Angus Young has said that there is much need for capital that will nurture emerging markets here.
Young made those remarks during the launch of the Second Regional Investments and Capital Markets in Guyana being hosted by the Jamaica Stock Exchange at the Pegasus Suites and Corporate Centre.

As he spoke about the pivotal role of broker dealers in facilitating the growth and expansion of business, he noted that it is the role of broker dealers to democratise access to wealth creation opportunities in Guyana.
“The broker dealer will also bring fresh capital from the region into Guyana as investors seek to participate in the fastest growing economy in the world,” Young said.

Against this backdrop, he indicated that the NCB’s support for the conference signals its enduring relationship with the Guyana capital markets and its relationship which he noted predates oil production.
With this, Young said: “Guyana is at the defining moment in its history, driven by the growth of its energy sector and the subsequent opportunities it has unlocked. The rapid developments we are witnessing is unprecedented.

“On one hand, with this progress comes the need for capital, patient capital that would nurture emerging industries, support infrastructure and ultimately fuel the growth of businesses on all levels.”

On the other hand, NCB’s CEO added that to truly unlock the benefits of the development, there must be collaboration in all levels to develop a capital market structure that democratises wealth for every Guyanese citizen.
Additionally, he said that they look forward to the day that the Guyanese capital market is hailed as one of the most robust a world and commensurate with the economies with the country’s current economic standing.

The second day of the Second Regional Investments and Capital Markets continues today under the theme, “Financing for Success: Where Passion, Prosperity and People Align.”