Business in brief

U.S. business students learn about Cayman 

Five students from Falls School of Business at Anderson University in Indiana took a closer look at Cayman’s economy for one week this month. The students visited businesses and met with public and private sector agencies. 

The visit was facilitated by Suahil Housholder, née Scott, a Caymanian employed at the Indiana institution, where she is also completing a master’s degree.  

Mrs. Housholder said the objective of the trip was to explore and experience Caymanian culture and gain an understanding of business environments, and typical business methods and practices.  

The students visited the Department of Commerce and Investment, the Cayman Islands Monetary Authority and the Cayman Islands Chamber of Commerce, and toured Cayman National Bank, CUC, The Ritz-Carlton and Dart Enterprises. The students also visited Triple C School, which has ties to Anderson University. 

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CIMA appointment  

Juliette Maynard has been appointed deputy head of the Investments and Securities Division of the Cayman Islands Monetary Authority.  

She is responsible for overseeing the licensing, regulation and supervision of mutual funds, mutual fund administrators and entities conducting securities investment business under the Securities Investment Business Law and the Mutual Funds Law, and ensuring compliance under the Money Laundering Regulations and the Proceeds of Crime Law.  

Ms. Maynard joined CIMA in December 2012 as chief analyst in the Investments and Securities Division. She has more than 15 years’ experience in management in the audit, advisory and financial services industries and has worked in various jurisdictions across the Eastern Caribbean, the United States and Canada.  

Marriott Beach Resort supports community 

The Grand Cayman Marriott Beach Resort participated in a number of community outreach programs during the holiday season, including: volunteers from the hotel hosted a holiday lunch at Sir John A. Cumber Primary School; and the hotel organized a Wish List Holiday Collection on behalf of the Cayman Islands Family Resource Centre in aid of nine families with young children.  

Valerie Hoppe, assistant director of human resources at the Grand Cayman Marriott, said: “Marriott International believes that strong neighborhoods, towns, and cities are vital to the wellbeing of the local society and economy and feels a special responsibility and role in helping communities thrive. In 2014 alone, we invested more than 3,500 hours of community service and we have plans to do so much more this year.”  

New hire at stock exchange 

Eva Holt has joined the Cayman Islands Stock Exchange as deputy head of Listings and Compliance. Ms. Holt has responsibility for supervising and processing listing applications and ensuring compliance among existing participants with the exchange’s listing rules and procedures. 

“Ms. Holt maintains the long-standing practice of having first-class expertise available to all users of the exchange to facilitate the listing process,” said Valia Theodoraki, chief executive officer, CSX.  

She joins the CSX from Walkers’ Jersey office, where she was head of Listings and a member of the Finance and Corporate Group. Previously she was with Mourant’s Jersey office for five years.  

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