Scotiabank supports tertiary students with educational grants
Scotiabank Cayman has given educational grants totalling US$2,200 each to nine students who are completing undergraduate studies at the International College of the Cayman Islands (ICCI).
The students are pursuing various programmes within the disciplines of Science, Technology, Engineering, Mathematics (STEM) and Business at ICCI and the financial assistance will be used towards tuition and student fees, books, and other educational supplies.
Sarah Hobbs, Vice President and Country Head, Scotiabank Cayman & Trust Ltd said, “We are very pleased to present grants to these deserving students who, despite the challenges posed by the COVID-19 pandemic, continue to persevere in the pursuit of their educational goals.”
ICCI President Byron Coon said the onset of the COVID-19 pandemic had been difficult for several students, some of whom contemplated discontinuing their studies due to a lack of funding. The grants will help the students to navigate the challenges to be able to complete their studies and become more competitive within the employment space, he noted.
Mourant grows services teams
Mourant has added 23 staff to its legal and governance services teams and its business support services in the Cayman Islands in the last 12 months.
Of the 23 appointments, ten were recruited to the legal services teams, ten to governance services and a further three to the firm’s business services and support teams.
More than half of the positions were filled by Caymanians, the firm said in a press release.
The firm recently announced the promotion of Jonathan Moffatt to Partner in the Litigation department. He specialises in commercial and insolvency work and has played an integral role in a number of the firm’s most complex and challenging matters, including the Primeo Fund and Qunar.
Another new appointment is Louise Somers, who joins from the Department for International Tax Cooperation as Head of Tax Reporting for Mourant Governance Services.
In the last six months, Mourant has appointed 11 new partners across its offices and practice areas, with 36% of these appointments being female.
Mourant currently employs more than 550 people in six offices.
Ogier epxands family leave benefits
Ogier has expanded the support it provides for new parents by enhancing the maternity, parental, adoption and surrogacy leave benefits in Cayman, and across all of its jurisdictions.
The firm now offers 18 weeks paid and 34 weeks unpaid maternity leave across its offices in Cayman, BVI, Hong Kong, and Singapore, bringing the policies in line with its Channel Islands offices.
Permanent employees are entitled to this benefit from their first day with Ogier, as continuous service requirements were removed from the Ogier maternity leave policies in 2021.
Parental and paternity leave benefits have increased to 9 weeks paid and up to 43 weeks unpaid.
As a result of the changes, Ogier said, the firm now significantly exceeds statutory requirements across all offices for parental leave and provides equal benefits for families who have adopted children or had children by surrogate.
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