Business in brief

The Cayman Islands Red Cross raised $56,086 during its 18th annual charitable golf tournament through entry fees, raffle items, hole sponsorships, and a putting contest sponsored by RBC Royal Bank.  

More than 140 golfers participated. 

RBC Royal Bank Country Head and Area Vice President Michael Munnings opened the event by thanking the Red Cross for its role in the community.  

“The Red Cross makes a difference in our local community – day in and day out,” he said. “The turnout at the golf tournament was an awesome display of our community pulling together to raise funds so that the Red Cross can continue to do what it does so well – provide much-needed services to families and individuals in our community.”  

“We sincerely thank all of our sponsors, golfers and volunteers for making this year’s tournament a huge success,” said Jondo Obi, Red Cross director. “We could not succeed without the combined efforts of all involved. The money raised will directly and immediately benefit our local programs and activities. We are especially grateful for the golf tournament’s partners, RBC Royal Bank and RBC Wealth Management Dominion Securities, who have been a long-standing title sponsor.”  

The raffle prizes included autographed RBC golf pro bags, with signature customized RBC favors. In addition, Foster’s Food Fair donated food for the barbecue, which was prepared by Mise en Place. 

Campbells announces scholarship recipients 

Kira March and Zachary Powery have been awarded the Campbells undergraduate scholarships for 2015. “Kira and Zachary both exemplify the qualities we look for when considering scholarship applications and we are proud to support these bright and promising students with their educational endeavors,” said the law firm’s marketing manager Nicole D’Heer-Watson.  

Ms. March is entering her first year at St. Francis Xavier University in Antigonish, Nova Scotia, and will pursue a bachelor’s degree in human kinetics. Upon her return, she hopes to use her degree to work with athletes representing the Cayman Islands. 

Mr. Powery is a three-time Campbells scholarship recipient and is entering his fourth year at Edinburgh Napier University, where he is studying for a bachelor’s degree (Hons) in accounting with law. He plans to become a certified accountant and is now considering paralegal studies after completing his degree.  

Both scholarship recipients spent their summer interning at Campbells, where they received firsthand exposure to the day-to-day operations of the firm’s accounting and marketing departments. 

“We are pleased to support these two promising young Caymanians,” said John Wolf, partner and head of Corporate.  

He added, “We trust both Kira and Zachary will do great things upon completing their studies and it is evident that they both have promising futures ahead of them.”  

Pan-American Life celebrates launch 

Pan-American Life Insurance Group, a provider of insurance and financial services throughout the Americas, launched its newest affiliate, Pan-American Life Insurance Company of the Cayman Islands on Sept. 14 at The Ritz-Carlton, Grand Cayman. The new company, led locally by April Panton, group manager, will operate as a Class A insurer and provide health insurance solutions to businesses in Cayman.  

Samson & McGrath’s Trevor Burke admitted to Cayman Bar 

Trevor Burke QC was generally admitted to the Bar of the Cayman Islands by Justice Charles Quin QC on Sept. 23.  

Mr. Burke has been involved in many high-profile cases in England over the past 30 years. Since taking silk in 2001, his practice has become increasingly focused on fraud, money laundering, white-collar crime and corruption. He has spent much of the last two years involved in the new international litigation which resulted in a series of trials in the Old Bailey involving corruption, phone hacking and abuse of public office.  

Samson & McGrath Managing Partner David McGrath said, “We are delighted and honored to welcome a barrister of the quality and standing of Trevor Burke to our firm. … His reputation as a skilled tactician and advocate goes before him, and we very much look forward to him forming an integral part of our white collar crime, fraud and human rights team.” 

In addition to working with the Samson & McGrath team, Mr. Burke will also be available for instruction by other Cayman firms. 

Extended hours for business licensing 

The Business Licensing Counter, formerly known as the Trade and Business Licensing Counter, will soon feature increased hours of operations. 

As of Oct. 1, the counter on the first floor of the Government Administration Building will be open from 9 a.m. to 4 p.m., Mondays to Fridays. This will give an additional three-and-a-half hours per week for people to submit their trade and business, liquor, tobacco, and Special Economic Zone licence applications. 

The counter falls under the remit of the Department of Commerce and Investment. Ryan Rajkumarsingh, the Director for DCI, said the change is being done to give clients more time to license their businesses. “We’re looking to make it as easy as possible for people to handle their trade and business licensing,” he said. “By extending our hours, we hope to encourage persons to meet their various licensing requirements.” 

DCI’s main office and Cayman Brac office will maintain their usual hours of 8:30 a.m.-5 p.m., Mondays to Fridays. 

Fidelity Bank Bahamas appoints new chairman 

Anwer J. Sunderji, chairman of Fidelity Bank & Trust International Ltd., has announced the appointment of D. Anthony Jones as chairman of the board of directors of its banking subsidiary, Fidelity Bank (Bahamas) Ltd. He succeeds Sir William Allen, who retired as chairman but remains on the board. 

Mr. Jones is a retired senior partner of Peat, Marwick, Mitchell & Co. (now KPMG), and for the past 28 years has acted as an independent director and business consultant in the financial industry. He has been a director of Fidelity Bank (Bahamas) Ltd. since 2009 and also serves as a director of Fidelity Bank & Trust and its banking subsidiary in Cayman.  

“We would like to thank Sir William for his contributions as chairman over the years,” said Mr. Sunderji. “His extensive expertise and greatly admired style of leadership have attributed to the constant growth and, in turn, the success of the company. At the same time, we are very pleased to have found such an outstanding successor to Sir William in D. Anthony Jones – a man with an outstanding resume reflecting his vast knowledge in the financial field.”  

Alan Craig, Kira March, Zachary Powery and John Wolf
From left, Campbells partner Alan Craig, Kira March, Zachary Powery and John Wolf, partner and head of Corporate at the firm.

Red Cross Golf Winners

Winners of the 2015 RBC Cayman Islands Red Cross Golf Tournament with RBC Royal Bank Country Head and Area Vice President Michael Munnings, left, and Cayman Islands Red Cross Director Jondo Obi.

Pan American Life, Cayman Office Launch 2

From left, Clayton Price, managing director, Marsh Management Services; Gene Thompson, director, Health City; April Panton, group manager, Pan-American Life and Mark Scotland, director, Aitheras Aviation Group at the Pan-American Life Insurance Group launch.