Acting bank president made official

| 14/07/2010

(CNS): After nine months acting in the role Tracy Ebanks has been appointed as the President and General Manager of the Cayman Islands Development Bank (CIDB). The bank provides local people with small business and student loans, as well as mortgages. Confirmed in her post Ebanks says she strongly believes in rekindling the economy by assisting local growth, creating jobs and counselling and advising customers. With more than two decades of banking experience, particularly in lending, Ebanks’ position as a board director ensured her direct involvement with CIDB management as long ago as 2002.

She honed her skills during a series of commercial bank positions at CIBC Bank and Trust and then at Scotiabank where, as senior account manager, she handled some of the major commercial borrowing clients.
At CIDB, Ms. Ebanks chaired two committees dealing with credit review and loan delinquency respectively, and in August 2009, she took her appointment as vice president/deputy manager quite in stride.
Just three months later, the resignation of the bank’s president saw her promotion to acting president and general manager.
Ebanks brought her reputation for down-to-earth pragmatism to an institution that handles high risk loans, promoting the economy by stimulating the Islands’ entrepreneurial spirit.
“No application is too small for CIDB,” she noted. “The bank considers loan requests from locals to start up or run a range of small businesses, from automobile repairs, bakeries and beauty salons, to farm applications and retail tourism sales.”
In addition, the bank recognises the need to assist small and modest home owners in restructuring their mortgage loans.
Ebanks uses her extensive credit background to assess application viability while also protecting CIDB assets.
“It is great to work with a government entity that has the same focus and recognises the role that banks have to play,” she said. “I find returning to my grass roots and helping Caymanians achieve their goals and dreams to be hugely rewarding,” she added.
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  1. Anonymous says:

    Congratulations Tracey. 

  2. Charles Wambua (Nairobi, Kenya) says:


    Congratulations are in order Tracy. Wishing you and the entire CIDB family God’s blessings and wisdom in this. The best is yet to come!


    All the best,

    Charles in Charge!



  3. Joan (Hurst) Whitcomb says:

    That’s my daughter!! I’m proud of her achievements. As a former teacher at CIHS, Cayman was home to me too. Cheers! 

  4. Anonymous says:

    Well done, Tracy! Deserved. But your "grass roots"? They are in Canada so what do you mean by that comment?

  5. Anonymous says:

    Great Job!



  6. Kerry Horek says:


    Well done Tracy.

    I wish you all the best.

    God bless.

  7. Twyla Vargas says:

    Good girl, Tracy I congragulate you.

  8. Anonymous says:

    I’m proud to see that a person who genuinely cares about the well-being of Caymanians holds such a position.

    She truly is a pleasure to deal with on apersonal and business level.

    Her attitude and hard-word motivates others to strive for the betterment of our country.

    Great job Tracy!

  9. pauly cicero says:


    • Anonymous says:

      I knew you would reach the top, because when you worked at the Scotia Bank many years ago you were most efficient, kind and nice.