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Cable Bahamas Limited Names Victor Marcial Chief Financial Officer for Cable Group of Companies

The nation’s leading communications provider strengthens executive team with CFO appointment

 

Cable Bahamas Group of Companies is pleased to announce the appointment of Victor Marcial as the Chief Financial Officer.  Marcial is a highly accomplished, dedicated accounting and financial management executive with over a decade of progressive experience.  He has a passion for developing and implementing appropriate controls, automation in routine business processes and challenging the status quo with new and creative ideas.

I am pleased to welcome Victor to our leadership team,” said Franklyn Butler, CEO for Cable Group of Companies.  “His deep and extensive experience in leading financial operations will make an immediate impact.  I am confident Victor will provide strong leadership and will be an excellent addition to our executive team.”

In his new role, Marcial will be responsible for developing the best in class financial management, and he will play an integral part in driving sustainable long-term business growth and profitability.

“I am thrilled to join the Cable Group of Companies and look forward to working with the team to execute on the company’s priorities, accelerate growth and enhance value for shareholders and all stakeholders” said Marcial.

Victor Marcial will work closely with CEO Franklyn Butler, and the Cable Group of company’s executive team to achieve business expansion and profitable growth.

Founded in March 1995, CBL Group has grown from a cable TV service provider to become the first communications provider in The Bahamas to offer ‘triple play’ service. Today, the 100% Bahamian owned company is publicly listed on BISX with over 3,000 Bahamian shareholders. The network is comprised of 14 free-to-air broadcast systems, eight stand-alone cable TV systems and four triple play systems networked by submarine fibre. CBL Group is the only 100% Bahamian owned communications provider, delivering residential and corporate broadband internet, cable television and fixed line calling, to 99% of the Bahamian population, 24 hours a day, 365 days a year.

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