CIMA celebrates 10 years

The Cayman Islands Monetary Authority will celebrate its 10th anniversary with a series of activities and initiatives during this month.

Held under the theme, ‘Charting a course for a successful future,’ the aim of the celebrations is to recognise and thank those who have contributed to the development of CIMA and the financial industry, to tangibly demonstrate the authority’s commitment to the Cayman community and to increase awareness of CIMA’s work.

The authority has been the regulator of most financial services in the Cayman Islands and manager of the Cayman currency since it began operations on 1 January 1997.

The activities to mark the completion of 10 years of operation will start Sunday, 11 November, when CIMA staff, directors, their families and well-wishers join the congregation at Red Bay Church of God for worship. The thanksgiving service begins at 11am and the Rev. Robert Thompson will officiate.

This will be followed on Friday, 16 November, with a Stakeholder Appreciation Reception at Pedro Castle, to which members of Government and industry have been invited. CIMA will unveil a special numismatic coin issue minted in observance of the anniversary and will launch a tertiary education scholarship. Governor Stuart Jack and Mrs Jack and the Financial Secretary Kenneth Jefferson will be in attendance.

The authority will honour its current staff the following evening at a staff awards dinner and dance at the Grand Cayman Marriott.

For the rest of the month staff will turn their attention to the community. A series of presentations will be made to students at a number of Grand Cayman schools on the Cayman currency and CIMA’s role in its management and protection. As they do annually, CIMA volunteers will also support the Education Department’s Reading Day by reading at schools.

As another highlight of the 10th anniversary, employees have organised the CIMA Charity Walk on 24 November from the West Bay Road Public Beach. This initiative is to raise funds to assist the International College of the Cayman Islands’ library restoration efforts. The library and much of the campus were destroyed during Hurricane Ivan. The library is still not fully restored.

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