Techy expert joins financial regulator

| 11/08/2009

(CNS): As information technology takes an increasingly significant role at the Cayman Islands Cayman Islands Monetary Authority (CIMA), the regulator said this week that it was very happy to have Charles (Chuck) Thompson—an Information Technology specialist with over 30 years experience—take up the position of Head of Information Systems. Thompson will be responsible for the implementation of the CIMA’s information systems’ strategic and governance plan CIMA stated.

He will also be required, as a senior manager, to provide guidance, collaboration and effective solutions for all business functions and provide on-going support services for all IT projects as well as oversight for the Information Systems team of 10 staff.

CIMA said that Thompson spent 14 years at Fortis Bank (Cayman) Limited, as the Head of Information Technology and Facilities for the Western Hemisphere. His main responsibilities there included ­­­­­­­­­­­­­­­management of a $5 million dollar budget, numerous staff, hardware and software. Before that he spent 16 years at International Risk Management (Cayman) Ltd. where he “had the privilege of working for the “father of the Captive Insurance concept—the late Fred Reiss”. He first was employed as a programmer and later progressed to business analysts, eventually ending his tenure as the Manager of Information Technology.  

“We are pleased to have someone with his vast knowledge and experience become part of the Authority,” said Managing Director, CindyScotland.  “His prior leadership in the financial services industry will serve well as he works collaboratively with the senior management team to handle strategic challenges and further create and implement technological solutions to assist CIMA in remaining a leading financial services regulator.”

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  1. Bob & Betty Thompson says:

    Congratulations Chuck!!!!  We are very proud of your ambition and success  over the past 30 years.  We are confident that you will be none the less in your present job.

    Keep God as your guide in all of your plans and decisions.


    Dad and Mom  

  2. Anonymous says:

    Congrats to Chuck!  I worked with him at Fortis and found him to be a strong leader especially before during and in the aftermath of Hurricane Ivan.  He was right there helping people despite the fact that his house was destroyed and looked like somebody had dropped a box full of match sticks.  I wish you well guy.