Premier Alden McLaughlin is in London this week to attend a meeting of the Global Islamic Finance and Investment Group and meet Foreign and Commonwealth Office officials.
Mr. McLaughlin was scheduled to leave for London on Sunday.
The FCO recently appointed the premier to the newly formed Global Islamic Finance and Investment Group, along with Bermuda Premier Craig Cannonier and CEOs and presidents of several global banks.
Mr. McLaughlin is being accompanied by Home Affairs Chief Officer Eric Bush and Financial Services Councillor Roy McTaggart. They will be met in London by Financial Services Minister Wayne Panton.
During his trip to London, the premier is also planning to attend separate meetings with FCO Minister Mark Simmonds, the U.K. Treasury and the Cayman Islands Government Representative Lord David Blencathra regarding the budget and various Cayman Islands Government projects, according to a statement from the Premier’s Office. He is also scheduled to attend the finance group meeting at Lancaster House.
Senior Minister of State Baroness Sayeeda Warsi, in a letter to the premier making his appointment, wrote, “This ambitious group brings together leading individuals in both industry and government to jointly set out a vision for the future of Islamic Finance in global markets. Over the next 12 months, Global IFIG hopes to make concrete recommendations to governments, regulators and the industry to help secure Islamic Finance’s place within global cross-border finance.”
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