CIMA appoints Head of Information Systems

The Cayman Islands Monetary Authority has appointed Charles (Chuck) Thompson as Head of Information Systems.

Mr. Thompson, an Information Technology specialist with over 30 years experience, started in his new role on 3 August 2009.

He will be responsible for the implementation of CIMA’s information systems strategy and governance plan, oversee the Information Systems team of 10 staff and offer on-going support services for all IT projects. Mr. Thompson will also be required, as a senior manager, to provide guidance, collaboration and effective solutions for all business functions.

Most recently, Mr. Thompson spent 14 years as the Head of Information Technology and Facilities for the Western Hemisphere at Fortis Bank (Cayman) Limited. His main responsibilities there included the management of a $5 million dollar budget, numerous staff as well as hardware and software.

Before his tenure at Fortis, he spent 16 years at International Risk Management (Cayman) Ltd., where he ‘had the privilege of working for the father of the Captive Insurance concept-the late Fred Reiss,’ Mr. Thompson said. He was first employed as a programmer and later progressed to business analysts, eventually ending his tenure as the Manager of Information Technology.

In addition to his extensive experience, Mr. Thompson holds various certificates in IBM technical AS/400 courses; Microsoft desktop, server and LAN application courses; and a certificate in Microsoft MCP, DR/BCP.

‘We are pleased to have someone with his vast knowledge and experience become part of the Authority,’ said Managing Director, Mrs. Cindy Scotland.

‘His prior leadership in the financial services industry will serve well as he works collaboratively with the senior management team to handle strategic challenges and further create and implement technological solutions to assist CIMA in remaining a leading financial services regulator.’