The Cayman Islands Investment Bureau has a new deputy director, Ms Patricia Ullett.
In her new post, Ms Ullett will not only draw from her Master in Business Administration degree, but also from her family’s experience as entrepreneurs. Her parents, Mr. Pete and Mrs. Olga Ullett, owned and operated People’s Boutique, which eventually merged with Arabus and National Bakery, which is still run by Ms Ullett’s sister Bernice.
Ms Ullett says her excitement and anticipation about working with the bureau full time comes from her interest in the country’s economic development, particularly with regards to small businesses. That desire, she says, comes from having watched her parents successfully organise businesses in Cayman.
‘My father didn’t have any formal education when he started his businesses but he could figure in his head how to plan his production and accounting better than some people with academic degrees,’ she said. ‘But our parents back them didn’t have the challenges that small business owners face today, so I’m very excited for the opportunity to assist the bureau in its work to provide guidance and direction for entrepreneurs in today’s vibrant business world.’
In preparation for her new post Ms Ullett has been trained in areas specific to CIIB’s roles in business mentoring and counselling for small businesses, and will manage a staff complement of eight employees at the Bureau.
CIIB Executive Director Mr. Dax Basdeo said, ‘With our existing relationship with Ms Pat we are looking forward to her joining us full time as we continue to grow the Bureau’s programs and services.’
Chief Officer in the Ministry, Mrs. Gloria McField-Nixon, says, ‘We are pleased that we are able to attract qualified Caymanians to senior posts within the Ministry and the Government service and I have no doubt that Ms Ullett will excel in her new role.’
This story and more on the bureau’s activities can be found on www.investcayman.gov.ky