Wright retires from CIBC FirstCaribbean
Dan Wright will retire as managing director, Wealth Management, of CIBC FirstCaribbean with effect from 28 February 2023.
He joined CIBC FirstCaribbean in December 2012, as director, Private Wealth Management, and since then has been leading the bank’s strategic initiative to build its wealth management business.
Wright has been managing director since October 2013 with regional responsibilities for the bank’s international corporate banking business and two trust companies, FirstCaribbean International Bank & Trust Company (Cayman) Limited and FirstCaribbean International Trust Company (Bahamas) Limited.
In more recent times, he has also served as co-chair of the bank’s regional Walk for the Cure together with current CEO, Mark St. Hill.
Prior to joining CIBC FirstCaribbean, Wright worked as senior vice president and head of International Wealth Management for Bank of Nova Scotia in Toronto with specific responsibility for their private banking business in the Caribbean, Latin America and Asia.
He was also Chair of the BNS trust company in the Bahamas and a director of a number of Caribbean-based businesses in the Cayman Islands and Jamaica.
The wealth management team formerly led by Wright now reports to Chief Commercial Officer Pim van der Burg and is managed on a day-to-day basis by Glen Abell.
Wright will continue in his role as CEO & chairman of CIBC Cayman Bank Limited.
Harneys announces firmwide promotions, leadership changes
Across the firm’s office Harneys has promoted four lawyers to partner and six senior associates to counsel at the start of the year.
In the Cayman office the promotions included Gráinne King, partner, and Anya Allen, counsel, in Litigation & Insolvency, and Marc Piano, counsel, in the Investment Funds, Corporate, and Banking & Finance. The appointments are still pending approval by the Cayman Islands Immigration authorities.
The start of 2023 will further see leadership changes at the law firm.
Following a transition period, William Peake will begin his role as global managing partner, and Ross Munro will return to his previous role as CEO and chair of Harneys Fiduciary.
Carey elected to The International Academy of Estate and Trust Law
Carey Olsen Cayman Islands partner Bernadette Carey has been elected to The International Academy of Estate and Trust Law (TIAETL) – as one of only three Cayman Islands private lawyers to be listed in the Academy Roster.
The by-invitation-only organisation is selective. All chosen electives must have practiced law in the Academy’s area of interest for a minimum of ten years and distinguished themselves as a market leader in their respective jurisdiction. Members are also selected on the basis of having demonstrated significant interest in the continuing development of the law of their country, Carey Olsen said.
Carey is the head of Carey Olsen’s trusts and private wealth practice in the Cayman Islands and has a broad private client practice advising on wealth structuring and estate planning matters, the administration and restructuring of trust and family offices, and the resolution of cross-border trust and estate disputes. She regularly advises on all aspects of trusts and estates law in the Cayman Islands.
“I am very honoured to have been elected as a member of TIAETL,” she said. “The Academy’s representatives span 41 countries, and its global network is at the forefront of estate and trust law developments around the world. It is a very prestigious professional organisation to be invited to join.”
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