UTech, Jamaica to Install its Third Chancellor, Lloyd Carney
The Governor General His Excellency the Most Honourable Sir Patrick Allen, ON, GCMG, CD who is statutory Visitor of the University of the University of Technology, Jamaica is expected to address the gathering to install a new Chancellor. UTech, Jamaica will host the Installation Ceremony for its Third Chancellor, Mr. Lloyd Carney, on Monday, February 13, 2023, at 5:00 pm at the Alfred Sangster Auditorium, University of Technology, Jamaica, Papine Campus. The Hon. Fayval Williams, MP, Minister of Education and Youth will also participate and present the Chancellor with the University Act – the Governing Instrument of the University which incorporates its Charter and Statutes.
The Chancellor is the head of the University and has among his duties, presiding over at least one meeting of the Council annually, the conferring of degrees, diplomas, certificates, and other academic distinctions and awards.
A Jamaican by birth, Mr. Carney has had an illustrious career in the IP (Internet Protocol) networking industry spanning over 30 years. He is the Founder and Chairman of USA-based Carney Technology Acquisition Corp II (CTAC II) - a special purpose acquisition company (SPAC) which successfully raised $400M to focus on technology acquisitions. CTAC I raised $200M and resulted in the acquisition of Grid Dynamics, a Nasdaq listed company, which was in the top 1% of performing SPAC stocks. Grid Dynamics has recently established an engineering centre in Kingston Jamaica.
Mr. Carney holds a Bachelor of Science degree in Electrical Engineering Technology and a Master of Science degree in Applied Business Management from Lesley College in Cambridge, Massachusetts. He has also been awarded honorary doctorate degrees from the Wentworth Institute of Technology and the University of Technology, Jamaica. He serves on several boards including VISA (BOD/Audit Committee Chair), Vertex (BOD/Audit& Comp Committee), and GRID Dynamics (BOD/Chairman of the Board).
Previously, Mr. Carney was the Chief Executive Officer and a member of the board of directors of technology firm, Brocade Communications Systems, a leader in Data center and networking solutions. He successfully led the company until its acquisition by Broadcom for $5.5B. He also served as President of the core IP, wireless Internet, and the enterprise divisions at Nortel Networks.
Mr. Carney has been involved in various philanthropic efforts in Jamaica, South Africa and Haiti focusing on health care and children’s needs.
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Contact:
Michelle Beckford
Corporate Communications Manager
University of Technology, Jamaica
Telephone: 876 970-5299
Email: mbeckford@utech.edu.jm