Levar Smith appointed group president, CEO of Federal Capital Group

The board of directors of Federal Capital Group has announced the appointment of Levar Smith to the position of group president and CEO, effective in just over two years.

He will take up the position on January 2, 2027.

In his new role, Smith will oversee the Group’s business operations in Jamaica and across the Caribbean.

According to the Group, Smith brings a wealth of experience and leadership to his new position, having dedicated 18 years of service to Marathon Insurance Brokers, a subsidiary of Federal Capital Group. Over the course of his career, Smith has held various key positions within the organisation, culminating in his current role as president and CEO of Marathon Insurance Brokers.

“His vision and leadership have been pivotal to Marathon’s continued success, earning him a stellar reputation in the industry,” Federal Capital Group said in a release.

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EXECUTIVE LEADERSHIP

The appointment of a new general manager for Marathon Insurance Brokers is scheduled for October 1, 2026, in order to ensure a seamless three-month transition period of executive leadership. Smith will continue to lead the organisation during the period of transition, even as he prepares to assume his expanded responsibilities within the Group.

“We are confident that under Mr Smith’s leadership, Federal Capital Group will continue to thrive and strengthen its presence across the region,” said Richard Burgher, chairman of the board. “His experience, dedication, and proven leadership skills will be critical in guiding our continued growth and success.”