Business in brief

CIBC FirstCaribbean 

CIBC FirstCaribbean supported a couple of initiatives in recent weeks.  

The bank sponsored the Cayman Islands Humane Society’s “Furball Gala”. Funds raised at the gala go toward the $45,000 to $50,000 that the society needs to keep the shelter running each month and continue helping abandoned cats and dogs in Grand Cayman.  

In addition, CIBC FirstCaribbean donated to the Cayman AIDS Foundation to assist with the organisation of the CAF Tea Party being held on 18 May at the UCCI Hall. Money raised from the Tea Party will go toward the CAF’s programmes, which provide education on the dangers of HIV, help prevent the spread of HIV, AIDS and other sexually transmitted diseases, as well as give support to people living with and affected by HIV and AIDS.   

For more information about the Cayman AIDS Foundation Tea Party, call Noel Smith at 946-3029. 

 

Mourant Ozannes  

Mourant Ozannes was named Legal Team of the Year at the inaugural STEP Caribbean Awards. The awards have been established by STEP Caribbean in 2013 to highlight excellence among private client lawyers.  

Tim Prudhoe, chairman of the judging panel, said, “Mourant Ozannes are able to call upon a breadth of expertise amongst a team whose members are the envy of the offshore world”. 

Morven McMillan, head of Mourant Ozannes’ International Trusts & Private Client practice in the Cayman Islands, said, “this is a tremendous accolade for the team and an endorsement of our ethos which is to provide clients with exceptional service through an integrated international trusts and private client practice covering both contentious and non-contentious matters across all our jurisdictions. I am very honoured that we should win the first STEP Caribbean Legal Team of the Year award.” 

Douglas Close, global head of Mourant Ozannes’ International Trusts & Private Client practice, added, “I am delighted that our integrated approach has been recognised, together with the strength of our global team.” 

 

CIMA  

Deborah Ebanks, head of the Cayman Islands Monetary Authority’s Currency Division has presented Kara Coe, the Caymanian graphic designer who designed the 10th anniversary Heroes’ Day coin issued by the authority, with a complimentary coin.  

Miss Ebanks said, “the currency staff worked rather closely with Kara. CIMA is pleased to be able to make this presentation as a token of our appreciation for all her efforts with this project. Given the Heroes Day theme, it is fitting that Kara is a creative young person, and even better that she is a former employee of CIMA.”  

Ms Coe, a graphic designer with the Government Information Service, said her inspiration for the design “derives from Heroes Square in George Town. The sailors represent Youth, Culture and Sports, and the woman represents Gender Equality. I have also embraced the historical use of catboats and positioned them to represent the three Islands. And the three fishing boats are Man-o-Wars. Finally, I have wrapped the whole piece in thatch rope another significant historical piece of our cultural heritage.”  

The coat of arms is depicted in gold on the obverse side.  

The cost of this limited edition silver coin is CI$93.72 or US$110. The coins come in an elegant presentation case, and a certificate of authenticity is included.

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