CIMA appoints new deputy head
Shakira Cox
(CNS Business): The Cayman Islands Monetary Authority (CIMA) last month named Shakira Cox Deputy Head of the Banking Supervision Division, responsible for providing support to the overall operation and management of the division, both on-site and off-site. CIMA Acting Managing Director Patrick Bodden said of the appointment, “With the recent expansion of the Banking Supervision Division, and given her relevant background and expertise in the banking and regulatory industry, I am confident that Ms Cox will bring extensive value to the authority.”
Cox began her career with the Ernst & Young (EY) office in Barbados in 2007. She joined EY in the Cayman Islands in 2011 and then moved to The Bahamas office in 2015, where she primarily served assurance clients ranging from large multinational retail banks to private banks, trust companies, pension plans and hedge funds.
While there, she was also responsible for executing and managing financial and regulatory audits of entities supervised by regional bodies such as The Central Bank of The Bahamas, the Turks & Caicos Financial Services Commission, the Central Bank of Curacao and St Maarten, and entities under the oversight of international regulators such as FINMA, the Swiss Financial Market Supervisory Authority.
Cox obtained a dual bachelor of science degree in economics and accounting in 2007 from the University of the West Indies in Barbados. In 2015, she became a Fellow of the Association of Chartered Accountants.
Category: Banking
Let’s hope there’s a succession plan so that a Caymanian will be groomed to take over eventually. But does that ever happen? Government should lead by example but it doesn’t. Look at the Legal Dept. Can you find a Caymanian at the helm in any of its top positions?
Most of the same nationality, and so little achieved in the process.