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Programme Latitude · Phase 7 of 7

2032: Consolidation and review

The last phase opens nothing in the growth regions. It closes the programme: three further locations in the mature regions, one further Caribbean registration, and the completion of the client reporting platform for all 50 locations. From the end of 2032 every office reports on one calendar in one format, and every client receives one statement across every booking centre that holds a mandate.

Year
2032
Regions
Caribbean, North America, Europe
Investment
US$18 million
Offices affected
George Town, Miami, Wilmington, New York, Luxembourg

The phase

The Expansion Committee then writes the review. It reports to the Board on what each phase cost, what it returned and which of the four underwriting tests each phase failed. The review decides whether a second programme follows. The Committee holds no standing mandate beyond it, and its secretariat in Panama City closes when the review is delivered.

Milestones

  • Client reporting platform live for all 50 locations, with one statement per client across every centre.
  • Three further locations opened in the Caribbean and North America, taking the group to 50 in total.
  • One further Caribbean registration completed, taking the group to 40 jurisdictions.
  • Client portfolio under stewardship at US$1.5 billion and headcount at 480 at the end of 2032.
  • Written review of all seven phases delivered to the Board, with the cost and return of each recorded.