Wed, Oct 7, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Former Caymans Attorney General Richard Coles is now Chairman of industry body Cayman Finance

Wednesday, April 20, 2011
Opalesque Industry Update – The former Attorney General for the Cayman Islands, Richard Coles, is the new Chairman of Cayman Finance, the voice of Cayman’s financial services industry.

Coles was appointed last week at the organisation’s AGM in Cayman and immediately declared his commitment to further develop Cayman Finance’s relationship with the Cayman Islands Government.

He said, “This organisation has developed an impressive history of working with Government to achieve its mission of promoting Cayman’s financial services industry. It is my intention to build upon this relationship further and to take the activities of Cayman Finance to a new level.”

The new chairman brings a wealth of experience to the post. Coles has been a Member of the Cabinet and Legislative Assembly, a Government Minister (appointed on the recommendation of the British Government) and acting Governor of the Cayman Islands. He is currently an independent director for hedge funds, structured finance vehicles and investment and financial sector companies and had built a successful law firm in England prior to moving to Cayman.

A new board was also elected at the AGM and the directors are as follows: Peter Cockhill (Ogier), Nick Freeland (PwC), Gonzalo Jalles (HSBC), Mark Lewis (Walkers), Roy McTaggart (KPMG), Conor O’Dea (Butterfield), David Roberts (Cayman Management), Daniel Scott (Ernst & Young), Henry Smith (Maples and Calder), Ian Wight (Deloitte).

(press release)

Cayman Finance is a private-sector membership-based organisation that has been established to promote Cayman’s financial services industry through public relations, public affairs and marketing initiatives.

See our Nov-2010 Opalesque Caymans Roundtable here: Source


What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  2. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  3. DoubleLine’s Jeffrey Gundlach warns of another round of market shakedown[more]

    Komfie Manalo, Opalesque Asia: DoubleLine Capital co-founder Jeffrey Gundlach is painting a bleak future as he warned that the U.S. equity market and other risk markets, such as high-yield "junk" bonds, are facing another round of selling pressure. Gundlach said in an interview with

  4. A hedge fund strategy that seems to have fizzled[more]

    From The hedge fund strategy that has attracted the most money this year is on course to cause some of the biggest losses for investors, in the latest example of the dangers of going with the crowd. Institutions and individuals have piled an estimated $20 billion (Dh73 billion) into ma

  5. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i