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Michael Lee-Chin    

Michael Lee-Chin was born in Jamaica in 1951 to very humble beginnings.

Michael Lee-Chin was born in Jamaica in 1951 to very humble beginnings. In 1986, at the age of 35, Michael showed his entrepreneurial spirit by purchasing AIC Limited (AIC) for $200,000; by the mid nineties and under Michael’s stewardship,AIC became Canada’s largest privately held mutual fund company. In September 2009, Michael sold AIC’s retail mutual fund business to Manulife Financial, Canada’s largest insurance company. This was the second company which Michael built from the ground up and sold to Manulife Financial; in 2007 Manulife Financial purchased the Bekshire TWC Financial Group, an investment dealer with approximately 1,000 financial advisors and $12.5 billion in assets under administration.

In 2002, Michael returned to his homeland of Jamaica and purchased a 75% stake in the National Commercial Bank of Jamaica Limited (NCB). At the time of purchase, he immediately deployed a transformation team with a mandate to improve employee morale, increase customer confidence and modernize the bank’s IT infrastructure. Today, NCB is the largest bank in the country and has a reputation for being a leader in corporate citizenship and for its mantra “Building a Better Jamaica”.In 2006, Michael co-founded Columbus International Inc., a diversified telecommunications company which provides services to over 21 countries across the Caribbean and Latin America. Michael, through Portland Investment Counsel, continues to manage over $1.8 billion for Manulife Financial Inc. He is currently the Executive Chairman of Portland Holdings Inc., Portland Investment Counsel Inc. and Chairman of Portland Private Equity.

Among his many personal accomplishments, Michael has received the doctor of laws degree from a number of distinguished universities including, McMaster University, University of Toronto, Northern Caribbean University, Wilfred Laurier University, the University of West Indies and York University.In 2008, Michael received the Order of Jamaica, one of the country’s highest national honours for outstanding service in business and philanthropy. In 2010 Michael joined the Board of the Trust for the Americas (a dynamic development institution affiliated with the Organization of American States "OAS")recognizing his “leadership in the area of corporate social responsibility”. The OAS is an organization that, with 35 member countries, facilitates development, security, human rights, democracy and prosperity throughout the Western Hemisphere.

News


Round 2 for Michael Lee-Chin - Canadian Business

The former mutual-fund visionary has plotted a comeback. His plan? Same as last time.

Chinese community to honour Michael Lee-Chin | Share News

In the late 1800s, Chinese immigrants from Hong Kong landed in Jamaica destined for indentureship.

One on one with Michael Lee-Chin | Advisor.ca

Michael Lee-Chin's out to reshape the Canadian investment landscape. But that takes more than just launching a few funds.

Michael Lee-Chin's private equity gamble - The Globe and Mail

The man who made his name with mutual funds hopes his new strategy will cushion investors from market swings.

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