McLaughlin is ICCI keynote

The International College of the
Cayman Islands has announced business and community leader Carlyle McLaughlin
will be the keynote speaker at its 40th anniversary banquet. The event is on 24
September at the Westin Casuarina Resort.

College President John Cummings
said Mr. McLaughlin was the obvious choice as the keynote speaker because of
his successful career and community service.

Attendees can expect Mr. McLaughlin
to discuss the College’s history and impact as Cayman’s first institution in
the country to offer a college education that is internationally accredited,
along with ICCI’s plans for the future.

As testament to that impact, Mr.
McLaughlin credits his bachelor’s degree in business at the International
College in 1976 as the stepping stone that launched his 25-year career in
accounting.

“My most vivid recollection was
being a part of a movie that was filmed to promote the college way back when,”
said Mr. McLaughlin, referring to a film that featured life in the Cayman
Islands in 1974 — including collecting college students in a van around the
island — the British governor and the emerging banking industry.

Mr. McLaughlin was his high school
valedictorian, but family did not have the financial means to send him overseas
to go to a university. Government and private scholarships were not readily
available to Caymanian students in those days.

He got his first break when the
International College granted him a scholarship where he studied business and
accounting alongside Caymanian and international students, earning his
bachelor’s degree.

“I used to hitchhike to go to
school because I didn’t have a car. Then I would have to walk to the street
corner (about three-fourths of a mile) where Countryside Village is now to
catch a ride into town to go back to work,” said Mr. McLaughlin.

Later, the predecessor of Ernst
& Young sponsored Mr. McLaughlin’s studies toward a master’s in business
administration, which he earned in Florida, and set him on a course to pass the
CPA exam.

Mr. McLaughlin retired as senior
partner from Ernst & Young and is former chairman of Cayman Islands
Monetary Authority. He has served on numerous boards and associations,
including the International College, Cayman Islands Society of Professional Accountants,
the Immigration Board, the National Drug Council, the National Pensions Board,
Cayman Islands National Insurance Company and the Cayman Islands Turtle Farm.

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