CIBC FirstCaribbean
CIBC FirstCaribbean has announced the appointment Mark McIntrye as managing director for its business in the Cayman Islands.
On 17 January, Mr. McIntyre took over the position from Tom Crawford, who retires from the company in June of this year. In addition to assisting Mr. McIntyre with his transition into the business, Mr. Crawford retains his portfolio as vice chairman of the bank, with responsibility for special projects within the offices of the executive chairman and chief executive officer.
CEO Rik Parkhill said Mr. McIntyre is “a dynamic leader, with a proven track record of developing high performance teams and achieving consistent results in a competitive environment.”
“Many people within CIBC FirstCaribbean will remember Mark from an earlier stint with the bank after the merger of the Caribbean operations of CIBC and Barclays Bank,” Mr. Parkhill said.
“He brings to the table excellent skills as a negotiator and problem-solver, who is experienced in the delivery of exceptional customer service in a very demanding environment. Given the focus on the customer experience outlined as a priority for CIBC FirstCaribbean, such skills will be exactly what we need to deliver on our promise of significantly improving our service to our clients. We expect that Mark will be a robust contributor to the discussion as we chart our course for future growth,” Mr. Parkhill said.
Mr. McIntyre holds an MBA from the University Of Strathclyde Graduate School Of Business in Glasgow and a Certificate of Professional Development from the Wharton School, University of Pennsylvania.
He has previously worked with a number of financial institutions in Cayman, since entering the field of banking in 1988.
“I was privileged to be part of the team when the bank was formed, and even after leaving I followed its progress with interest,” Mr. McIntyre said. “I am excited to be able to contribute to the future development of CIBC FirstCaribbean.”
RBC Wealth Management
RBC Wealth Management has appointed John D’Amato as manager Investments Services, Caribbean, based in George Town, Grand Cayman.
Mr. D’Amato joins RBC Wealth Management’s Caribbean Investments team where he will be responsible for overseeing the delivery of international wealth management services and customised solutions to high net worth and ultra high net worth clients. He reports to Andrew McCartney, head of Investments, Caribbean, RBC Wealth Management.
Mr. D’Amato, who moves to Cayman from Toronto, Canada, has more than 20 years experience in investment and wealth management, having held senior positions with Scotiabank and TD Waterhouse. He holds a degree in Economics from York University, Canada.
Deanna Bidwell, head of Caribbean, RBC Wealth Management, said she is delighted to welcome Mr. D’Amato to the Investments Services team in the Caribbean.
“John has strong leadership, sales and people management skills and demonstrable experience of building and developing high-performing investment teams,” she said. “He is a great addition to our team and will help us further grow our suite of investment solutions for our high net worth clients.”
Rawlinson & Hunter
Rawlinson & Hunter has donated more than $5,000 worth of computer equipment to the Ministry of Education, Training and Employment to help with the School Supply Access Programme through the ministry’s Behaviour and Education Support Team.
The computer equipment will be used to assist the approximately 500 primary and secondary school “at risk” children, who do not have access to supplies to complete school work, public schools that are short of computers for use during the school day and for after school care programmes.
The equipment includes 27 PCs, 15 monitors, a large colour printer and all new hard drives, keyboards and mouses.
Commenting on the donation, William Walmsley, partner with Rawlinson & Hunter, said: “The education of our youth is essential to the successful development of our society. In this competitive educational environment it is imperative to provide young people with the tools necessary to succeed. It is our hope that this equipment will be utilised to the fullest”.
Michael Myles, programme coordinator and liaison officer – At Risk Youth, said: “On behalf of the Minister and Ministry of Education, Training and Employment, we thank Rawlinson & Hunter for their generous donations and support. This equipment will assist the Ministry’s vision of ensuring that every student is provided with a valuable education.”
Taste of Cayman/Hew’s Supplies
With the support of Hew’s Restaurant and Hotel Supplies, Taste of Cayman 2012 will become a little bit greener. For the first time, festival attendees will be given a Bambu spork to use throughout the whole event. The sporks, a combination of a fork and a spoon, are made from a reusable material and once used will biodegrade in a matter of months.
Taste of Cayman vendor coordinator Robyn Larkin said that “each year more than 80,000 plastic utensils are disposed of at Taste of Cayman. The sporks are intended to be used throughout the night, which will help to bring that number to less than 10,000 pieces for this first year.”
Tax seminar
The Ministry of Finance will host a two-day seminar on US tax compliance and the US Foreign Account Tax Compliance Act. The first day of the seminar on 31 January deals with compliance with US tax directives and address the details of what needs to be done. The second day on 1 February focuses on immigration and expatriation information for US citizens/passport holders, green card holders and Caymanian US dual citizens.
On both days the sessions are scheduled from 4.30pm to 8pm at the Family Life Centre on Walkers Road. Admission is free and no registration is required. Refreshments will be provided.
HSBC
HSBC was named “Global Bank of the Year” by The Banker magazine at the 2011 Bank of the Year Awards. The Banker cited the business strategy around HSBC’s global restructuring and financial performance as reason for the award.
The judges said there was “reason to be optimistic about HSBC – it is in the right places and is making itself leaner and fitter to compensate for the tougher environment overall.”
HSBC Cayman CEO Gonzalo Jalles said the award “confirms HSBC’s global presence and international connectivity while recognising the bank’s commitment to servicing the needs of its customers and clients not only in the Cayman Islands but around the world.”
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