NEW PROMOTIONS: FOCOL announces leadership continuity change

Anthony Robinson, Dexter Adderley and Clinton Rolle appointed in top roles

NASSAU, BAHAMAS — FOCOL Holdings Limited has announced three top-level promotions in its executive establishment.

Effective January 1, 2022, Anthony Robinson becomes FOCOL Holdings Limited’s deputy chairman; Dexter Adderley has been appointed FOCOL’s president and chief executive officer; and Clinton Rolle becomes managing director and general manager of Sun Oil Limited.

We have employees who have worked with us in senior management positions for well over 10 years, and we feel that this is the time to let them take over the day-to-day running of the company.

– FOCOL incoming Deputy Chairman Anthony Robinson

Sir Franklyn Wilson, who was one of a group of businessmen who acquired the energy company in 1982 and FOCOL chairman since 2014, made the announcement during a meeting with Prime Minister Philip Brave Davis to apprise him of the company’s leadership and succession plan.

Wilson said: “Under the theme ‘Continuity and Change’ and with all other members of the leadership team affirming support, these latest executive movements are the outcome of years of proper succession planning.”

He added: “With faith in Bahamian enterprise, Anthony Robinson and Dexter Adderley, each at an important stage in his career, left multinational corporations to work to build our local entity.

“A member of the board of directors since 1991 and serving as president since 2011, Anthony has given a collective 30 years of leadership in his various roles in FOCOL.

“The deputy chairmanship will afford Mr Robinson the means to continue to apply his passionate commitment to FOCOL and to its sustainable growth and success.

All three men have performed outstandingly in their previous areas of responsibility.

– FOCOL Chairman Sir Franklyn Wilson

“By temperament, professional training and relevant experience, including over a decade each at FOCOL, Dexter Adderley and Clinton Rolle, the new CEO and the new managing director respectively, have assiduously prepared for their new roles.

“All three men have performed outstandingly in their previous areas of responsibility.”

Robinson said: “…What we are doing now is we have employees who have worked with us in senior management positions for well over 10 years, and we feel that this is the time to let them take over the day-to-day running of the company.

“As Sir Franklyn and I continue to direct the company from the board level, we have with us Dexter Adderley, who’s been with the company for 12 years.

“Dexter has 25 years’ experience in the petroleum industry, and we are happy to have him and his team ready to take over the day-to-day operation.”

We have a good slate of projects that we’re working on to continue to develop this industry.

– Dexter Adderley

Having previously amassed 12 years of experience with a global oil company, Adderley joined FOCOL in 2008.

Hired as operations manager, his next steps up the management ladder included the posts of deputy general manager, with responsibility for Sales & Marketing (2009), general manager (2010) and managing director (2012).

Adderley said: “It’s quite an honor to be working with such a well-established organization as FOCOL… I look forward to the opportunities ahead. We have a good slate of projects that we’re working on to continue to develop this industry.”

Clinton Rolle was formerly employed by a global manufacturing organization with focus in production and quality management.

Rolle, who joined the company in July 2011, was Sun Oil’s deputy general manager since January 2013.

A Bahamian-owned, publicly traded and BISX-listed company, FOCOL currently has a market capitalization of more than $400 million and employs some 450 Bahamians in a range of diverse fields and expertise levels.  

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