Ma­jor­i­ty state-owned Telecom­mu­ni­ca­tion Ser­vices of Trinidad and To­ba­go (TSTT) has a new chair­man, fol­low­ing the res­ig­na­tion of Sean Roach on Jan­u­ary 15.

The new TSTT chair­man is An­tho­ny Peyson, who the com­pa­ny de­scribed yes­ter­day "as a high­ly re­gard­ed In­for­ma­tion Com­mu­ni­ca­tions Tech­nol­o­gy (ICT) con­sul­tant with a dis­tin­guished ca­reer span­ning over 25 years in the en­er­gy, fi­nance and telecom­mu­ni­ca­tions in­dus­tries."

Peyson was first ap­point­ed as a TSTT di­rec­tor on De­cem­ber 15, 2023.

From March 2020 to May 2022 he was a cy­ber­se­cu­ri­ty ar­chi­tect at the Mon­deum In­ter­na­tion­al Ser­vice Cen­ter and from Feb­ru­ary 2014 to present he has been CEO and founder of FRISC Busi­ness Ser­vices Ltd.

He is a for­mer em­ploy­ee of TSTT, hav­ing worked for the com­pa­ny from Jan­u­ary 2011 to Sep­tem­ber 2014, as the tech­ni­cal se­cu­ri­ty ar­chi­tect, which was a po­si­tion he held af­ter be­ing the man­ag­er, re­search and de­vel­op­ment from Au­gust 2009 to Jan­u­ary 2011.

In ad­di­tion to be­ing a Di­rec­tor of TSTT, Peyson is the deputy chair­man of the Trinidad and To­ba­go Elec­tric­i­ty Com­mis­sion (T&TEC).

He is al­so the found­ing pres­i­dent of the (ISC)2 Caribbean Chap­ter. He has pre­vi­ous­ly served on the board of di­rec­tors for the lo­cal chap­ter of the As­so­ci­a­tion of Cer­ti­fied Fraud Ex­am­in­ers and the Na­tion­al In­for­ma­tion and Com­mu­ni­ca­tion Tech­nol­o­gy Com­pa­ny Lim­it­ed (iGovTT).

He has a BSc in Com­put­er Sci­ence from Lon­don Met­ro­pol­i­tan Uni­ver­si­ty and a diplo­ma in Elec­tri­cal/Elec­tron­ics and In­stru­men­ta­tion En­gi­neer­ing.

He holds sev­er­al pro­fes­sion­al cer­ti­fi­ca­tions, in­clud­ing Cer­ti­fied In­for­ma­tion Sys­tems Se­cu­ri­ty Pro­fes­sion­al ((ISC)2), Cer­ti­fied Fraud Ex­am­in­er (As­so­ci­a­tion of Cer­ti­fied Fraud Ex­am­in­ers), Cer­ti­fied Eth­i­cal Hack­er (The EC Coun­cil), Cer­ti­fied Cis­co De­sign As­so­ciate (CIS­CO) and Cer­ti­fied Da­ta Pri­va­cy So­lu­tions En­gi­neer (ISACA).

For the fi­nan­cial year end­ed March 31, 2024, TSTT re­port­ed an af­ter-tax prof­it of US$19 mil­lion, which was a 35.7 per cent in­crease com­pared to the US$14 mil­lion it earned in its fi­nan­cial year end­ed March 31, 2024.

The com­pa­ny's prof­it was large­ly dri­ven by the re­struc­tur­ing un­der­tak­en by the TSTT ex­ec­u­tive led by for­mer CEO Lisa Agard, fol­low­ing the com­pa­ny's ex­ter­nal au­di­tors, EY, is­su­ing "a ma­te­r­i­al un­cer­tain­ty re­lat­ed to go­ing con­cern sec­tion in the TSTT fi­nan­cial state­ment for the year end­ed March 31, 2021. EY opined that TSTT’s fi­nan­cial po­si­tion “may bring in­to ques­tion the en­ti­ty’s abil­i­ty to con­tin­ue in the fore­see­able fu­ture as a go­ing con­cern.”

Agard and the TSTT chief fi­nan­cial of­fi­cer, Shi­va Ram­nar­ine, were fired in No­vem­ber 2023, fol­low­ing a cy­ber­at­tack that oc­curred about a month be­fore.

Fifty-one per cent of TSTT is owned by Na­tion­al En­ter­pris­es Ltd, an in­vest­ment hold­ing com­pa­ny that is ma­jor­i­ty owned by the Gov­ern­ment. The mi­nor­i­ty 49 per cent stake in TSTT is owned by Ca­ble & Wire­less (West In­dies) Ltd, which is owned by Lib­er­ty Glob­al Hold­ings, a telecom­mu­ni­ca­tions com­pa­ny con­trolled by US bil­lion­aire John Mal­one.