Business in brief

AON 

Aon Global Risk Consulting announced the addition of Liz Frederick. As head of the global insurance-linked securities practice Frederick will focus on administration and advisory services for ILS products, including catastrophe bonds, transformers, sidecars and other ILS related structures and products on a stand-alone entity basis and via Aon’s White Rock cell platform.  

Prior to joining Aon Risk Solutions, Frederick was managing director and head of insurance-linked securities at Kane. Frederick holds a bachelor’s of business administration degree in accounting from William and Mary and a designation as a certified public accountant.  

She is a Becker CPA Exam Review instructor for the University College of the Cayman Islands, a member of the Cayman Islands Society for Public Accountants and serves on the education committee of the Insurance Managers Association of the Cayman Islands.  

 

Fidelity 

Fidelity Bank & Trust International Limited (Fidelity) has appointed Jennifer P. Dilbert, an economics graduate of the University of Western Ontario in Canada, a Member of the Order of the British Empire and a Justice of the Peace in and for the Cayman Islands to the board of Fidelity and its subsidiary companies effective 6 December, 2012 at the Annual General Meeting of Fidelity. 

She will replace Hugh Sands who is retiring from the board. Anwer Sunderji, Fidelity Group chairman said: “We are pleased to welcome Jennifer Dilbert to our board. She has extensive knowledge of the financial services and banking industry in the Caribbean having served as Executive Director of Deutsche Bank (Cayman) Limited and in a supervisory role of the financial services industry in Cayman for fifteen years.” Mrs. Dilbert has also served as the Cayman Islands government representative in the United Kingdom.  

During this time she was seconded for a period to head the Cayman Islands Monetary Authority. Mrs. Dilbert is the Cayman Islands’ first Information Commissioner, a position she currently holds. She has served on various Boards and Committees in the Cayman Islands government, the financial industry and the Cayman community including the board of Monetary Authority; the council of the Stock Exchange and vice president of the Bankers Association.  

All necessary approvals for her appointment have been received from the Cayman Islands Monetary Authority, The Central Bank of The Bahamas and the Governor of the Cayman Islands. As a director of the parent company, she will also serve as a director of Fidelity Bank (Cayman) Limited and Fidelity Bank (Bahamas) Limited.  

 

General Registry  

Since Monday, 5 November, all services provided by General Registry are available at the government administration building at 133 Elgin Avenue in George Town.  

The registry counter is now located on the first floor, in the same area as Trade and Business Licensing, and is open Monday to Friday from 8.30am to 5pm. 

General Registry’s move to GAB enables all company service transactions to be completed in one location. It allows the public to register a company and apply for or renew a Trade and Business License at the same counter. 

In addition to counter services the registry offers online services for births, deaths and marriage certificates. Persons can order certificates online and either request courier delivery (at an extra cost), or collect them from the customer service counter in the government administration building. 

 

Walkers  

Walkers appointed Annalisa Wallace as an articled clerk.  

A recipient of the 2008 Walkers Legal Scholarship, Ms Wallace undertook her LLB at Durham University in the United Kingdom. Graduating with honours in June 2011, she then went on to complete the Legal Practitioner’s Course with commendation at the College of Law in Manchester in the UK. 

Ms Wallace’s relationship with Walkers dates back to her school days, having first come to the firm on work experience in 2007, while a student at Cayman Prep. She is familiar to many in Walkers’ Cayman Islands office, having also spent the past three summers there as a legal intern, working in the Structured Finance, Investment Funds and Trusts groups.  

In her spare time, Ms Wallace enjoys volunteering with The Pines Retirement Home and the Cayman Islands Humane Society. With the help of the skills honed at Walkers, she was also able to qualify as a volunteer with the Independent Parental Special Education Advice charity in the UK. 

“Annalisa has had a long association with Walkers and her academic performance throughout her legal studies has been excellent,” said Antonia Hardy, managing partner of Walkers’ Cayman Islands office. “We are delighted to welcome her to the firm as an Articled Clerk and look forward to her succeeding in the challenging yet highly rewarding career of law.” 

Ms Wallace now joins Nikhil Jha and Nadine Walter as Articled Clerks currently training with Walkers. She is formally articled to partner Ramesh Maharaj who will act as principal during the course of her articles and will begin training in the Dispute Resolution Group.  

Walkers’ Articles Programme is an intense 18-month practical training period, rotating through all of the firm’s practice areas. The clerks receive a combination of formal legal training and invaluable hands-on experience, giving them the chance to determine which area of the law to specialise in. 

“It has been a pleasure to see Annalisa develop from high school student to law student and now as a young professional,” commented Anthony Partridge, Senior Counsel with Walkers and Deputy Chairman of Walkers’ Trainee Committee. “We are delighted to be leading her through the next 18 months on her journey to becoming a successful attorney with Walkers.” 

In addition to the Articles Programme, Walkers’ commitment to developing the next generation of Caymanian legal talent begins with the firm’s Legal Scholarships, of which Ms Wallace was a recipient in 2008. Scholarship recipients are sponsored by Walkers to study law, as well as receiving the benefit of mentoring and support from the firm. Currently Walkers is sponsoring the legal education of another nine talented young Caymanians. 

Walkers was the first firm in the Cayman Islands to establish a comprehensive ‘Articled Clerk Training Programme’ and Walkers’ methods have developed and been refined during almost 30 years to benefit Caymanians seeking a career in the legal profession. Each year, a number of former scholarship recipients go on to become articled clerks with Walkers and eventually fully fledged attorneys.  

 

MaplesFS 

MaplesFS donated US$15,000 to the Sunrise Caring Association to facilitate the purchase of materials and equipment for specialised programmes at the Sunrise Adult Training Centre. 

Established in 1986, the SRC provides opportunities for adults with disabilities to become responsible and productive residents. This is achieved through life-skills courses, pre-vocational training, supervised job placements and recreational and fitness activities.  

“We are pleased to support the SRC in their efforts to give persons with disabilities independence,” said MaplesFS CEO, Scott Somerville. “We hope that this donation will provide a positive impact on the lives of special needs individuals within our community”.  

 

Appleby  

Appleby (Cayman) partner and immigration expert Nick Joseph assisted the Office of the Complaints Commissioner and her staff to gain a greater understanding of the Immigration Laws of the Cayman Islands. During a series of three half day sessions, those attending the seminars were provided with an indepth overview of the applicable legislation and, in particular, its genesis as the Caymanian Protection Law. 

Emphasis was placed on areas which may be the subject of particular and increased scrutiny with the taking effect of Cayman’s Bill of Rights later this year. Topics included the provisions relating to Caymanians, the rights of persons with permanent residence (of varying types), the position of children, and the gainful occupation of non-Caymanians.  

Complaints Commissioner Nicola Williams said: “In keeping with my commitment as Commissioner to providing top quality, world class training for all my staff, I was delighted to welcome Nick Joseph, partner at Appleby, to the Office of the Complaints Commissioner to provide an intensive training course on Immigration Law, with particular reference to the Human Rights implications on the rights of children born to non-Caymanian parents. This excellent training, as well as the accompanying comprehensive and detailed materials, was very well received by myself and my staff. I can wholeheartedly endorse this course, which will be of great benefit to the OCC when dealing with matters in this subject area, particularly once the Bill of Rights becomes effective in November 2012.” 

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