CIMA Appoints Deputy Head of Investments and Securities Division

GRAND CAYMAN (Wednesday, 14 January 2015) Ms. Juliette Maynard has been appointed Deputy Head of the Investments and Securities Division of the Cayman Islands Monetary Authority (CIMA).  The appointment took effect from 1 January 2015.  

In this post, Ms. Maynard is responsible for overseeing the licensing, regulation and supervision of mutual funds, mutual fund administrators and entities conducting securities investment business under the Securities Investment Business Law and the Mutual Funds Law and ensuring compliance under the Money Laundering Regulations and the Proceeds of Crime Law.

The new Deputy Head says, “It gives me a great deal of satisfaction to know that CIMA has recognized the efforts which I have made during my time with the Authority, and to see the confidence they have placed in me to serve at a higher level.”

She joined the Cayman islands Monetary Authority in December 2012, in the role of Chief Analyst in the Investments and Securities Division, where her responsibilities included the supervision of a team of Analysts and Senior Analysts, the oversight of the risk assessments of licensees, and the planning, execution and reporting of Divisional inspections.  

Managing Director, Mrs. Cindy Scotland, says, “Once again, we are pleased to be able to fill this key position through promotion from within the Authority.  Juliette has demonstrated a level of professionalism in her previous role which, coupled with her academic qualifications, will be an asset in the new position. Her willingness to share her knowledge and provide guidance to her team is also an asset as we continue to groom and promote our junior staff for succession. ” 

Ms. Maynard has more than fifteen years of management experience in the audit, advisory and financial services industries and has worked in various jurisdictions across the Eastern Caribbean, the United States and Canada.

She is a Fellow Chartered Accountant, holding the Certified General Accountant (CGA) designation.  Ms. Maynard is a member of the Certified General Accountants Association of Canada and of The Institute of Chartered Accountants of Barbados.  She is also a Certified Internal Auditor (CIA), as well as a Certified Information Systems Auditor (CISA).