Scotiabank backs CIFSA presentations

As a sponsor of the Cayman Islands Financial Services Association’s Everybody’s Business’ campaign, Scotiabank & Trust (Cayman) Ltd. is taking an active role in increasing public knowledge about the importance of the financial services industry to every aspect of life in the Cayman Islands.

As Ms Sharon Diaz, senior manager Retail Banking at Scotiabank, explains, ‘The financial services community is much more than just offices and paperwork. The industry is made up of real people including your friends and neighbours. All these workers rent or buy a home, shop in local stores, eat in local restaurants, and use many local services for their home, family, and business. Beyond that, our staff is very active in the community, contributing time and money to hundreds of charitable and social causes. The industry is tightly interwoven with Cayman society and it is important that people recognize and embrace it as a core part of the Islands.’

The Everybody’s Business programme is a joint effort of the portfolio of finance and CIFSA. Just four months into the campaign they have spoken to local groups and been interviewed on local television and radio over a dozen times. Some of the community speaking events included George Hicks High School, community youth workers, Cross Talk on Rooster, Rotaract, Rotary, Kiwanis, Cayman Prep and High School, St. Ignatius High School and Youth Flex on Radio Cayman.

With strong support from the September sponsors of Everybody’s Business, Scotiabank, Deloitte and fellow sponsors dms Management Ltd., Cayman National Bank, Butterfield, KPMG, Julius Bär, Aon Insurance Brokers, Cayman Islands Society of Professional Accountants and the Cayman Islands Insurance Association, the campaign has very broad support among industry leaders.

‘When people look more closely at the broad impact of financial services in Cayman they can also begin to see the incredible opportunities it presents to them personally’, says Ms. Diaz. For more information about the campaign please visit

Who they are

A not-for-profit association, CIFSA was founded in November 2003 and is funded by its private sector members who currently include Admiral Administration, Appleby, Banco Santander S.A. (Brazil), Butterfield Bank, Cayman Management, Cayman National Bank, Close Brothers, CIBC Bank and Trust (Cayman), Citi Hedge Fund Services (Cayman), Coutts, Deloitte, Deutsche Bank, dms Management Ltd., Efg Wealth Management (Cayman), Fidelity Bank (Cayman), Greenlight Reinsurance, Ltd, FirstCaribbean International Bank, Julius Baer Bank, KPMG, Meridian Fund Services (Cayman) Limited, Mourant, Ogier, PricewaterhouseCoopers, Queensgate, Rawlinson and Hunter, Royal Bank of Canada, Scotia Bank & Trust, Spectrum Global Fund Administration (Cayman), Sul America International Bank, Walkers, Wilmington Trust Cayman, and Young and Young CPA.

The Association’s board and membership also comprises the Islands’ key associations including: the Cayman Islands Insurance Association, the Cayman Islands Society of Professional Accountants, the Society of Trust and Estate Practitioners, the Cayman Islands Fund Administrators Association, the Cayman Islands Company Managers Association, the Cayman Islands Bankers Association, the Insurance Managers Association of Cayman and the CFA Society of the Cayman Islands.