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Cayman Finance Restructures To Better Promote Islands' Offerings

Thursday, February 11, 2010

Cayman Finance – the promotional agency for the Cayman Islands finance industry – has announced that it has reorganized its structure in order to better represent the island’s financial services industry to the international community. The announcement was made by Cayman Finance’s reappointed Chairman Anthony Travers, following the body’s annual general meeting.

A new and broader board was elected to represent key businesses and professional associations in Cayman, including: Dan Scott of Ernst & Young; Roy McTaggart of KPMG; James Bergstrom of Ogier; Ian Wight of Deloitte; Nick Freeland of PwC; Conor O’Dea of Butterfield Bank; Gonzalo Jalles of HSBC; Stuart Dack of the Cayman National Bank; Mark Lewis of Walkers; Gary Linford, representing the Alternative Investment Management Association; David Roberts representing the Cayman Islands Company Managers Association ; Michael Gibbs representing the Insurance Managers of Cayman; Paul Harris representing the Cayman Islands Directors Association; and Justin Appleyard representing Society of Trust and Estate Practitioners.

“We would like to thank the outgoing board members for their generous contributions of time, talent and passion on behalf of Cayman’s financial services industry,” said Travers. “Special thanks must go to Eduardo Silva, whose shared vision with Eric Crutchley was the driving force behind the creation of this association.”

“Their tireless efforts and vision have provided our industry with the platform for a strong, central voice necessary to effectively promote and protect itself from the international threats we face today.”

Denise Gower was appointed Head of Marketing to manage the association’s plans. She has experience in marketing and public relations in both financial services and tourism sectors, most recently with offshore legal and fiduciary services company, Ogier, as Senior Manager, Business Development and Marketing.

“The latest developments in Cayman Finance are exciting and very important to the future success of Cayman’s financial services industry,” said Gower. “It is essential that Cayman Finance continue to deliver the right messages to overseas governments and educate both the media and the general public about the benefits that quality offshore financial centres like Cayman provide to the global economy, and I am delighted to be working with this energetic and committed Board of Directors.”

Cayman Finance is a not-for-profit association that promotes the high quality, transparency and integrity of Cayman’s international financial services. Funded by the private sector and partnering with the Cayman Islands government, Cayman Finance’s mission is to educate the media, politicians and the public at large about the positive impact Cayman’s financial services industry has on both global and local economies.