Business in brief

KPMG receives award

Following a post-recognition review, conducted by Investors in People International, KPMG in the Cayman Islands continues to meet the requirements of the Investors in People (IiP) Standard.  

This international standard provides a benchmark for well-run organizations and is an award of best practice, acknowledging companies dedicated to excellence in people management. After successfully achieving an additional 127 evidence requirements from the IiP framework, KPMG Cayman has been awarded the IiP Gold accreditation. Only 4 percent of organizations assessed by IiP International have received the Gold standard.  

KPMG was originally recognized as the first organization in the Cayman Islands, and in the Caribbean, to achieve the IiP standard in 2004 – successfully completing a post-recognition review in 2007, 2010 and 2013.  

“I am incredibly proud to be part of an organization that genuinely cares for its people and continuously demonstrates an extraordinary level of passion and commitment to the development of its employees and the culture within which we work together,” said Sarah Cowell, People, Performance and Culture partner.  

“Organizations succeed by investing in their people,” says Kevin Lloyd, managing partner, KPMG. “We are committed to creating a work environment where our employees can fulfil their potential, which is why we are particularly proud to accept the Investors in People Gold accreditation award.” 

Hilary Kennedy, the Investors in People International Assessor appointed to facilitate the review, said, “KPMG in the Cayman Islands has a genuine care and compassion for their staff. This sentiment is echoed by almost every interviewee, with the emphasis on ‘genuine.’ It is the deciding factor for many of the firm’s top performers, when comparing KPMG with competitive employers.” 

Business solutions provider Digicel Business is the winner of the Avaya Partner of the Year award. The award was presented Jan. 16 at the Avaya Partner Connection Day event in San Juan, Puerto Rico. 

The award ceremony, which marked the end of a week of conferences and seminars, was held to recognize and award Avaya’s best partners and collaborators in 2013.  

This year, Digicel Business was nominated in four categories, including Best Marketing Partner of the Year, Best Project of the Year and Best Sales Executive of the Year. In 2012, Digicel Business won the Best Project of the Year award for the Digicel Contact Centre and Sales Executive of the Year was awarded to Digicel Business Enterprise Account Manager, Duwayne Watson of Digicel Jamaica. 

Caoire Kennedy, head of Business Sales at Digical, said, “We have been very focused on expanding our technical integration capabilities and the broad range of technologies we can offer to our business clients in Cayman. With our 10-year anniversary on the horizon, this great news could not come at a better time.”  

RBC Wealth Management has been awarded Best Private Banking Services Overall in Cayman for the third year in a row, as well as in the Caribbean for the fifth year, by banking publication Euromoney. 

The Euromoney Private Banking and Wealth Management Survey, which is based primarily on a peer ranking methodology, recognized the Cayman business for providing the best services to ultra high net worth clients. 

David Foster, co-head, Caribbean, RBC Wealth Management, said: “Prestigious awards like these aren’t won by chance but by continued hard work and ongoing commitment to outstanding client service. We can therefore all be justly proud of these achievements both in Cayman and in the Caribbean region more widely.” 

RBC Wealth Management also received the Best Private Banking Services Overall accolades for its offering in Canada for an unprecedented seventh consecutive year.  

Law firm Mourant Ozannes will hold its annual regulatory seminar on Feb. 27 at The Westin Grand Cayman Seven Mile Beach Resort.  

“Regulatory Enforcement in Offshore Jurisdictions” will be hosted by the firm’s litigation partner Hector Robinson. Guest speakers will include Sidney Myers, a partner and head of financial services at Berwin Leighton Paisner in London, and André Mon Désir, deputy general counsel of the Cayman Islands Monetary Authority. They will be joined by Mourant Ozannes’ speakers Christopher Edwards (partner, Guernsey), Justin Harvey-Hills (partner, Jersey) and Tim Richards (senior associate, Cayman Islands).  

The afternoon seminar, which is free, will be comprised of four sessions and a panel discussion, followed by cocktails. For more details, visit the Mourant Ozannes website or contact Orla O’Connor at 814-9241 or orla.o’[email protected] 

In other news at Mourant Ozannes, Tracey Forbes was admitted as an attorney-at-law in the Cayman Islands on Jan. 21 following the completion of her Articles of Clerkship with the firm.  

Ms. Forbes, daughter of Luke and Alta Forbes, attended Trinity College School in Canada before obtaining her bachelor of laws degree with honors at the University of Liverpool. She completed her postgraduate diploma in legal practice at the College of Law, Manchester. Ms. Forbes is currently undertaking a master’s degree in international legal practice, specializing in corporate and commercial law. 

Before undertaking her Articles of Clerkship with Mourant Ozannes, Ms. Forbes gained extensive experience at local law firms in the Cayman Islands and spent a month in East Africa undertaking pro bono work at legal clinics in Kenya, Rwanda and Uganda. 

She has accepted a position as an associate with Mourant Ozannes. At her swearing-in, she said: “I would like to express my thanks to the partners at Mourant Ozannes for allowing me the opportunity to train with the firm and for the guidance they have provided to me as I developed throughout my training.”  

Articled clerk Elkie Rose will complete her 18 months as a trainee with a secondment to Cayman law firm Solomon Harris’s Zurich branch in Switzerland before being called to the Cayman Islands Bar in March. 

Managing partner Sophia Harris said the Zurich office, opened in 2008 and headed by partner Nick Reid, remains important to the firm and is a significant driver of investment funds work covering all aspects of investment funds work, including management companies, segregated portfolio companies, special purpose vehicles, limited partnerships, trusts and private equity.  

“The Zurich branch remains strong notwithstanding the economic challenges in Europe. We have no doubt that Elkie will greatly benefit from the experience whilst she is there,” Ms. Harris said. 

Mrs. Rose has worked in the firm’s litigation, property and corporate departments during her service as trainee. The mother of three is married to Cabinet Secretary Samuel Rose. 

Mrs. Rose commenced employment with Solomon Harris as a school leaver 11 years ago and is the third trainee lawyer to benefit from the Solomon Harris trainee program to which “the firm is committed to enable talented, hard-working young Caymanians to reach their maximum potential,” Mrs. Harris said. 

The staff of Maples and Calder raised more than $2,500 for Meals on Wheels at a staff bake sale. 

Meals on Wheels provides meals to individuals in need, delivering 100 meals five days a week to residents of George Town and Bodden Town, and 50 meals three days a week to East End residents.  

“Maples and Calder has a strong history of supporting local organizations that exist solely to benefit the members of our community,” said Paul Lumsden, managing partner of Maples and Calder’s Cayman office.  

Campbells added two attorneys to its investment funds practice. Susan Lock, formerly of Ogier, joins Campbells as a partner, together with Jonathan Law, a former partner with Harneys. 

Ms. Lock advises on the struct
uring and establishment of investment funds and their regulation and operation. She also advises on cross-border corporate finance and M&A transactions. She has been admitted as an attorney in the Cayman Islands in 2006. 

Mr. Law advises a range of clients from fund managers to administrators and investors on all aspects of establishing, operating and participating in offshore fund structures.  

He also advises on trade and acquisition finance transactions. Mr. Law was admitted as an attorney in the Cayman Islands in 2004. 

Elkie-Rose-S

Mrs. Rose

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From left, Campbells lawyers John Wolf, Susan Lock, Jonathan Law and Alan Craig.

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