PwC Senior Manager Simon Conway is
enjoying the praise of his colleagues after successfully completing the
challenging Joint Insolvency Examination Board exams.
“The passing of the board exams is
a great achievement by Simon after much dedicated study made even more
difficult as Simon also had to meet client commitments during the course,” said
PwC Partner David Walker.
“Simon is in the final process of
becoming a licensed insolvency practitioner which adds to our standing as one
of the most experienced and qualified restructuring and insolvency practices in
Cayman and the Caribbean.”
Mr. Walker said the company was
proud of Mr. Conway.
“To pass all the tests on the first try is an
accomplishment to be applauded,” he said.
Mr. Conway has been on the
Corporate Finance & Recovery team at PwC Cayman since 2008. With over eight
years experience in liquidations, valuation and independent business review, he
has covered a wide range of industries advising both private and government sectors.
Prior to joining PwC Cayman, Mr.
Conway worked within the restructuring division of a tier-one global bank in
In response to Mr. Walker’s
congratulations, Mr. Walker commented, “Yes, I am delighted, but I swear I will
never take another exam again!”
The board exams are held annually
and cover liquidations, personal insolvency, administrations, company voluntary
arrangements and receiverships. Ten months of preparation are usually required
and individuals passing all exams are appointed as Insolvency Practitioners
with the ability to liquidate, administer or act as receivers over insolvent
companies. Cayman Insolvency law requires that practitioners hold an eligible
insolvency license, of which the UK’s Joint Insolvency Examination Board is