Latest update April 7th, 2025 12:08 AM
Moen McDoom new NBS Chairman
– McDonald is Vice-Chairman
Mortgage giant, the New Building Society, has named Attorney at Law Moen McDoom as its new
New Vice-Chairman, Floyd McDonald
Chairman of the Board of Directors.
McDoom once served in that capacity before relinquishing the position to Dr. Nanda Gopaul, a former Permanent Secretary of the Office of the President.
According to NBS yesterday, at a meeting of the Board of Directors held on Wednesday, Mc Doom, Senior Counsel, was appointed.
McDoom, an attorney-at-law, is also a Commissioner of the Guyana Elections Commission (GECOM).
Former Police Commissioner (ag), Floyd McDonald, was also appointed as the institution’s Vice Chairman.
“The Directors, Management and staff extend congratulations to these gentlemen and wish them every success in guiding the NBS forward,” the society said in a release yesterday.
McDoom has succeeded Gopaul who had earlier indicated his intention of vacating the position of Chairman of the New Building Society since his appointment as the Minister of Labour under the Donald Ramotar administration in December.
The society is the largest mortgage lender in Guyana disbursing advances totaling $4.2B last year and recording $772M in profit.
It recently opened a new head office on Avenue of the Republic, Georgetown.
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