Dan Scott, Ernst & Young’s regional managing partner, has left the board of Cayman Finance.
The organization which represents Cayman’s financial services industry issued a statement thanking Mr. Scott for more than five years of service on the board, saying he played “an instrumental role in growing the reputation of the Cayman Islands.”
Rohan Small, a partner at EY, will fill the open position on the Cayman Finance board.
“It has been a privilege to have served on the board of Cayman Finance and I am extremely proud of what has been achieved since its inception,” Mr. Scott said. “I have every confidence that Cayman Finance will continue to serve the Cayman Islands’ brand well both as a key stakeholder and advocate for our financial services industry.”
Mr. Scott was recently named a recipient of the Officer of the Most Excellent Order of the British Empire (OBE) for his services to the financial services industry and the judiciary in the Cayman Islands.
Cayman Finance said his board departure is related to the growing commitments as managing partner at global professional services firm EY where he is responsible for the firm’s operations in the Bahamas, Bermuda, British Virgin Islands and Cayman Islands.
Mr. Scott’s brother, Jude Scott, is the chief executive officer of Cayman Finance.
Ian Wight, chairman of the financial services association, said, “We congratulate Mr. Scott for his achievement in being awarded the OBE, and are grateful for his commitment and leadership on the Cayman Finance board in developing and maintaining the country as a leading financial services jurisdiction.”