Da Silva missing from board

(CNS): After six years of service at the head of the organisation, former president of Cayman Finance (formerly Cayman Islands Financial Service Association) Eduardo Da Silva has not been re-appointed to the board during the latest general meeting. Eric Crutchley, another long standing senior member, is also missing from the new line-up. On 20 January Cayman Finance said significant structural changes within the association were agreed and implemented and a new group of people have been appointed to the body’s leadership team. Anthony Travers was reappointed as chairman, and Cayman Finance said the new board now represents the key businesses and professional associations in Cayman.

Chairman Anthony Travers offered thanks to Eduardo D’Angelo P. Silva, a founding member of the Cayman Islands Financial Services Association and leader.  “We would like to thank the outgoing board members for their generous contributions of time, talent and passion on behalf of Cayman’s financial services industry,” said Travers.  “Special thanks must go to Eduardo Silva, whose shared vision with Eric Crutchley was the driving force behind the creation of this association.  Their tireless efforts and vision have provided our industry with the platform for a strong, central voice necessary to effectively promote and protect itself from the international threats we face today.”

Denise Gower has been appointed Head of Marketing to manage the plans of the association.  Gower’s previous post was with offshore legal and fiduciary services company Ogier as Senior Manager, Business Development and Marketing. “The latest developments in Cayman Finance are exciting and very important to the future success of Cayman’s financial services industry,” said Gower.  “It is essential that Cayman Finance continue to deliver the right messages to overseas governments and educate both the media and the general public about the benefits that quality offshore financial centres like Cayman provide to the global economy and I am delighted to be working with this energetic and committed Board of Directors.” 

The new board comprises:  Dan Scott (Ernst & Young), Roy McTaggart (KPMG), James Bergstrom (Ogier), Ian Wight (Deloitte), Nick Freeland (PWC), Conor O’Dea (Butterfield Bank), Gonzalo Jalles (HSBC), Stuart Dack (Cayman National Bank), Mark Lewis (Walkers), Gary Linford (representing the Alternative Investment Management Association (AIMA), David Roberts (representing the Cayman Islands Company Managers Association (CICMA), Michael Gibbs (representing the Insurance Managers of Cayman (IMAC), Paul Harris (representing the Cayman Islands Directors Association (CIDA), and Justin Appleyard (representing Society of Trust and Estate Practitioners (STEP).