Conyers donates to food bank and Feed our Future
Each of Conyers six global offices has made a donation to local charities that are helping support those impacted by the COVID-19 crisis. Conyers’ Cayman office has donated US$22,000 to local organisations Feed our Future and the Cayman Food Bank with the firm matching staff donations.
“During this extraordinary time, we feel it is more important than ever that we actively support our local communities,” said partner and head of Conyers Cayman office Kevin Butler. “Local charities that support our vulnerable populations are under immense pressure as they seek to help those affected as a result of the pandemic. We are committed to helping by directing resources to organizations like Feed our Future and the Cayman [Food Bank] that are positioned to mobilise quickly to help those most in need.”
Bank partners with education department, charities to provide school meals
CIBC FirstCaribbean partnered with Kiwanis Club of Grand Cayman, the Department of Education and Feed our Future to provide meals or supermarket vouchers to 553 children at the local primary and secondary schools through the Homeschool Lunch Programme.
Prior to the island-wide school closure, students across the 13 government schools received free breakfast, snacks and lunches on a daily basis. The number has been increasing daily with the recent closure of non-essential businesses.
Kiwanis Club of Grand Cayman director Kadi Pentney said, “We are so grateful for CIBC FirstCaribbean’s donation towards the Homeschool Lunch Programme. These funds will be used to support the programme’s 553 students, and specifically will provide one meal per student.”
She said, “Initially we planned for this programme to be for the six weeks that schools would be closed, but now we are planning for it to run until the end of August as long as we continue to receive support from the community and generous donors like CIBC FirstCaribbean.”
At the discretion of each canteen, hot meals cost approximately CI$6.50 and are delivered by district. However, with the number of COVID-19 cases on the rise, the majority of canteens and schools have expressed the need to switch from providing hot meals to supermarket vouchers to protect their staff. Lunch vouchers are $6 per day for primary school students and $8 per day for high school students, with the majority being provided by Foster’s supermarket five days a week.
JTC donation to charities to support global relief effort
JTC has made a group-wide donation of GBP100,000 (US$123,000) to support charities in their international efforts to combat the impact of the COVID-19 pandemic.
The donation will be split between three charities which were selected by employees from across JTC’s global network of offices.
The World Health Organization will receive GBP54,000, through its COVID-19 Solidarity Response Fund. The WHO is leading and coordinating the global effort, supporting countries to prevent, detect and respond to the pandemic.
Medecins Sans Frontieres will receive GBP30,000 and UK charity Comic Relief will receive GBP16,000.
Nigel Le Quesne, chief executive officer of JTC, said, “As we are all acutely aware, the ongoing effects of COVID-19 continue to be felt in every corner of society around the world and it is absolutely right that we make our own contribution to the international charities which have specific programmes concentrating on the response to the pandemic.
“As a global business, we want to offer our financial support to a number of international charities that will make a significant impact.”
Highwater adds new director
Highwater Limited, a boutique firm providing director services to the alternative investment industry, has added fund professional Nick Tappin to its board.
Tappin is based in Geneva and serves as an independent director on the board of alternative investment entities. He has considerable experience with setting up and overseeing multi-jurisdictional hedge funds with specific investment fund experience in the areas of audit, fund accounting, back and middle office, valuation, human resources, compliance, risk management, corporate governance and tax.
Gary Linford, Highwater founder and managing director, said, “My team and I have had enjoyed a close working relationship with Nick since January 2007. We are delighted to have him on board.”
Tappin joined Highwater after 13 years at Jabre Capital Partners, a major hedge fund group based in Geneva.
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