Ed Rahming assumed the position of Financial Controller for the Grand Bahama Development Company (GB Devco) in August 2004. GB Devco owns over 70,000 acres of land on Grand Bahama Island including 17-miles of pristine beachfront. Devco is responsible for master planning all land zoned areas as tourist/commercial and residential within the Freeport area and undertakes development in its own right as well as selling land to third party Developers.
Through hard work, Rahming will strive to achieve his immediate goals for GB Devco which include leading the financial planning on new Devco land development projects, the implementation of new accounting and human resource IT systems and the execution of a strategic marketing plan geared towards spurring more foreign land development investments in Freeport.
Born in Nassau, Rahming is a native Bahamian. He studied at the College of the Bahamas and Southern Adventist University. In 1996 Rahming passed the Certified Public Accountant examination and received his licence two years later. He admits that like most young people, early on he thought he knew it all! However, he did take the time to listen to some very important words that his mother told him when began his career.
‘Early on my mother said these words that had a profound affect on me – ‘you can learn from anyone.’ Usually, we think that you can only learn from people who are smarter than you but this thinking is wrong. Believing that I can actually learn from anyone has allowed me to keep an open mind, to listen to everyone I meet along the way and to learn as much as I possibly can,’ said Rahming.
Rahming has more than eight years of experience most of which was gained while working for Deloitte & Touche’s Financial Advisory Services at offices in The Bahamas, Cayman Islands, London and New York. His hobbies are reading, playing basketball and carpentry.
In addition to his leadership role at GB Devco, Rahming is a member of the American Institute of Public Accountants, the Cayman Islands Society of Professional Accountants, Association of Certified Fraud Examiners, Association of Insolvency and Restructuring Advisors and the Georgia Society of Certified Public Accountants.