Business titan William McConnell dies 

William “Billy” McConnell, the former managing director at Lascelles deMercado & Company and Wray & Nephew Group, has died.

Loop News was informed by close business associates of McConnell that he died on Wednesday afternoon after a battle with cancer.

A local private sector titan, McConnell was inducted into the Private Sector Organisation of Jamaica’s Hall of Fame in 2006.

When contacted by Loop News, PSOJ president Howard Mitchell said he had received reports of McConnell’s passing but had not yet been able to independently confirm the news.

He, however, expressed sadness at the report while offering condolences to the McConnell family.

“The PSOJ is deeply saddened at the news,” Mitchell told Loop News.

“Mr McConnell is held in high regard… we want to express our condolences,” he said.

McConnell retired from Lascelles in June 2011, but has since then served on a number of private and public sector boards.