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Dr. Patricia Downes-Grant was appointed President and Chief Executive Officer of Sagicor Life Inc. on January 1, 2006, having served as Group Chief Operating Officer, since July 1, 2002. She joined Sagicor in 1991 and held several senior positions, including those of Vice President, Investments and Treasury and Executive Vice President, Finance and Investments, before being appointed Chief Executive Officer.

She holds an MBA in Finance, an MA in Economics, and a Doctorate in Business Administration (Finance). Prior to joining Sagicor, Dr. Patricia Downes-Grant was a Senior Manager in the Management, Consulting and Insolvency Division of Coopers & Lybrand (now PricewaterhouseCoopers). Dr. Downes-Grant also has significant work experience in development banking. She served as Chairman of the Barbados Stock Exchange and Barbados Central Securities Depository. She is a director of several companies within the Sagicor Group and other private companies in Barbados.

In 2014, Dr. Downes-Grant was honoured for her services to the financial industry and was awarded Commander of the British Empire (CBE). More recently, an Honorary Doctor of Laws degree was conferred on Dr. Downes-Grant by the University of the West Indies in recognition of her contribution to the financial services industry in the region.