FORMER First Global Bank (FGB) boss Wayne Wray is being tipped for a post within Government’s investment and export promotion arm Jamaica Trade & Invest (JTI), Sunday Finance has been reliably informed.

A high-ranking Government source, who wished to remain anonymous, told this newspaper on Friday that Wray is being considered for a role handling “investments” at JTI.

Wray resigned from FGB in September after the bank took a US$20-million ($1.78 billion) hit from irregular bond trading activities. Five positions — including head of treasury — at various levels of the FGB management structure were made vacant after the disclosure.

If appointed, Wray will be joining an organisation which also experienced a major shake-up recently, with the dismissal of president Robert Gregory. Gregory was dismissed in August after JTI board members expressed concerns that critical focus was not being placed on expanding the reach and impact of JTI into other sectors not traditionally encouraged in the pursuit of investment.

Wray has also held executive positions within the Jamaica Bankers Association and is a former chairman of the Jamaica Institute of Bankers.