Sigma Finance Corporation, one of the longest-established financial companies in the Cayman Islands, has donated CI$10,000 to the Cayman Islands National Recovery Fund.
Executive Director of the fund Angela Martins received the cheque from Company Secretary for Sigma and Partner at Maples and Calder, Alisdair Robertson and Senior Vice President of Maples Finance Limited, Hugh Thompson, 16 December.
Mrs. Martins expressed her appreciation to Sigma and Maples Finance, states a GIS press release.
‘The National Recovery Fund is most grateful for this kind donation. It will allow one more family to rebuild their roof and start the process of recovering from the devastating effects of the hurricane,’ she said.
Sigma Directors are Managing Partner Deloitte, Cayman Islands, Ian Wight; Partner of Turner & Roulstone, Cayman Islands, Keith Parnell; Partner of Rawlinson & Hunter, Cayman Islands, William Walmsley; Senior Vice President of Maples Finance Limited, Mr. Hugh Thompson, and Managing Director of Gordian Knot Limited, Stephen Partridge-Hicks. The Company Secretary is Mr. Alasdair Robertson, Partner at Maples and Calder.
In making the donation Mr. Wight commented, ‘As one of the longest standing financial companies, we wanted to demonstrate our commitment to the Cayman Islands. We feel it important to make a significant contribution to the community in general and the recovery process in particular – the Cayman Islands National Recovery Fund seemed the best way of doing this.’
Mr. Robertson added, ‘Sigma was extremely impressed with the speed of recovery in the business sector and appreciates the hard work by the people of Cayman in making this happen. At the same time we recognise that for some, the recovery process will take some time. We hope that this contribution will assist in making the recovery quicker for those who have suffered as a result of Ivan.’
Who they are
Sigma Finance Corporation is a Cayman Islands incorporated company and has been operating since 1995. Sigma is a finance company rated AAA/Aaa/AAA long term and A-1+/P-1/F-1+ short term by Standard & Poor’s, Moody’s and Fitch respectively, and earns modest but stable returns on its capital from the business of lending to very high credit quality borrowers.