Sagicor Bank saddles up for St Leger run

Observer staff reporter

Friday, July 20, 2018

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Sagicor Bank Jamaica Limited announced its entry into horse racing sponsorship as the full-service financial institution partners with Supreme Venture Racing and Entertainment Limited (SVREL) to stage the 92nd running of the Jamaica St Leger.

The Sagicor Jamaica St Leger, the third and final jewel in the native-bred three-year-old Triple Crown series, will be run at Caymanas Park on July 28. The race will venture over 10 furlongs (2000m) and carries a purse of $4 million (inclusive of $1 million from the sponsor).

Chorvelle Johnson, chief executive office (CEO) at Sagicor Bank Jamaica Limited, said that it was only fiiting for her company to invest in the racing industry.

“When Sagicor Bank is thinking about who we want to partner with, we have to think about people who are successful and innovative and that is SVREL.

“You would have heard over the past couple of weeks that we [Sagicor] recently launched our 'swipe in the market' where people no longer need cash to go and buy from the pan chicken man and all of those persons, and so we are innovators — that's what Sagicor Bank does best.

“So when I am listening to all the things that are coming, I definitely know that this partnership with SVREL must have been tied somewhere in heaven. We at Sagicor Bank, and to an extent the Sagicor Group, are very pleased to be here.

“We are pleased to be associated with innovators, pleased to be associated with winners, pleased to be associated with people who are expanding into the Diaspora in a unique way,” Johnson said at the launch of the race day held at Caymanas Park yesterday.

Michael Bernard, chairman at SVREL, welcomed Sagicor on board.

“I want to thank everyone sharing in this momentous occasion. This is momentous because we have one of the biggest banks in Jamaica being our sponsor of the third leg of the Trople Crown, the Jamaica St Leger. It is a great move as we look to build on the racing product,” Bernard said.

The Sagicor Jamaica St Leger will showcase the country's top native-bred three-year-olds as they go in search of glory in what is the hardest Classic to win.

Contenders for top honour will be Drone Strike, winner of the Jamaica Derby; Disability Charm, winner of the 1000 Guineas; Commander Two, winner of the 2000 Guineas; Drummer Boy, winner of the Lotto Classic for the Governor's Cup; and Fayrouz, winner of the Jamaica Oaks.

Others expected to face the starters are champion Two-Year-Old from last year, Marquesas, who was second in the Jamaica Derby; Son Son, who was fourth in the Jamaica Derby; and Royal Aviator, who came sixth in the Jamaica Derby.

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