Peter Melhado is the President and CEO of the ICD Group, a Jamaican-based conglomerate with interests in real estate development, e-commerce, technology distribution, property management, business process outsourcing and general insurance.
Mr. Melhado began his career as a project engineer with the UK-based construction firm, Kier International. He subsequently worked in the manufacturing sector with brewer and beverage producer Red Stripe, before entering the banking sector in 1993 with the Manufacturers Group. Mr. Melhado became the CEO of the Manufacturers Group in 1995, led the company’s acquisition of Sigma Investment Managers in 2001 and held that position until merging Manufacturers Sigma with Pan Caribbean in 2004, currently Sagicor Bank Jamaica. He subsequently joined the ICD Group in 2005.
Mr. Melhado currently serves as Chairman of Sagicor Group Jamaica, West Indies Home Contractors, Industrial Chemical Company, Gallagher Caribbean Group, Social Commerce (Puerto Rico) and Red Stripe. His directorships include BCIC, Advantage Communications, WIHCON Properties, RJRGLEANER Communications Group along with several Sagicor subsidiaries.
Passionate about education, he has been Board Chair of the American International School of Kingston since 2006.
He is also committed to national development and has sat on a variety of public sector company boards, including the Airports Authority of Jamaica, the Port Authority of Jamaica and Tax Administration of Jamaica and is a former Vice President of the Private Sector Organisation of Jamaica.
Mr. Melhado attained a B.Sc. in Mechanical Engineering from McGill University (1985) and an MBA from Columbia University Graduate School of Business (1990), with a concentration in Finance.