Scotiabank Colleges New Dorm Facilities

Caption 1
Jacqueline Sharp, President & CEO Scotia Group positions herself to cut the ribbon at yesterday's opening of the newly built Jamaica College 'Mayer Matalon' dormitories. The dorm that is slated to house up to 72 students was built based on the donations of 40 sponsors, of which Scotiabank contributed $15 Million.

Caption 2
Jacqueline Sharp is greeted by Dr. the Hon R. Danny Williams, chairman Jamaica College Foundation when she arrived for the ribbon cutting exercise for the opening of the Mayer Matalon Dorms at Jamaica College.

[Friday, 15 July 2016] Scotiabank was lauded for being one of the major contributors to the building of the newly opened Mayer Matalon dormitory at Jamaica College. The Bank was one of 40 donors to fund to the building, and together with the Matalon family, contributed 50% of the monies required. The dorms were officially opened on July 14 at a total cost of $70 million, now allows the school to house up to 72 students at the new accommodations.

The Scotiabank contribution of $15-million was their tribute to former Jamaica College student Mayer Matalon, who made an immense contribution to Scotiabank and Jamaica through his role on the Scotiabank board for over many years. Matalon who resigned from the Boards of the Bank of Nova Scotia Jamaica Limited and Scotia Group Jamaica Limited in 2011, after having served the Bank for close to 45 years was one of the longest serving board members in the history of Scotiabank Jamaica. During his tenure he offered invaluable guidance and direction to the executive body in particular, and to the Board in general.

Jamaica College is one of Kingston's oldest and most revered all male high schools, with an enviable roster of alumni that gives back to the nation consistently. It was first established as a boarding school for boys however the boarding facilities were removed due to lack of funding. The 2-storey building is fully equipped with bathrooms and storage facilities and will allow the school to offer lodgings to boys in difficult circumstances, as well as to those who travel lengthy distances to school.

Jacqueline Sharp (centre), Scotia Group President & CEO, listens intently as Hon. R. Danny Williams (left), Chairman Jamaica College Foundation chats with Minister of Education, Youth and Information, Ruel Reid (right). The three were at the recent opening of dormitories at Jamaica College. The dorms, that will accommodate up to 72 boys was built by contributions from 40 donors, of which Scotiabank contributed $15-million.

Jacqueline Sharp, President & CEO Scotia Group positions herself to cut the ribbon at yesterday's opening of the newly built Jamaica College 'Mayer Matalon' dormitories. The dorm that is slated to house up to 72 students was built based on the donations of 40 sponsors, of which Scotiabank contributed $15 Million.
Assisting Ms. Sharp with the cutting of the ribbon are, from left, Joseph Matalon (representing the Matalon Family), Dr. the Hon. R. Danny Williams (chairman Jamaica College Foundation), Rachel Hendrickson (daughter of donor Gary "Butch" Hendrickson), Senator Ruel Reid (Minister Education, Youth and Information) and Michael Bernard (Jamaica College Board of Governors).