CIMA Appoints Deputy Head of Policy and Development Division

GRAND CAYMAN (Tuesday, 11 November 2014) The Cayman Islands Monetary Authority (CIMA) has a new Deputy Head of Policy and Development in the person of Mrs. Judiann Myles.  She was promoted from Chief Policy and Development Officer to the new position effective 1 November, 2014.

Managing Director, Mrs. Cindy Scotland, says, “We are very pleased to have been able to fill this key position from within the Authority, and to recognise and encourage the professional development of another young Caymanian. Judiann has had the benefit of working in two CIMA Divisions, and this experience, coupled with her training and industry exposure will serve her well in this new role.”

Mrs. Myles began her regulatory career with the Authority in 1999 in the Investments and Securities Division, where she held various positions before rising to the rank of Chief Analyst in 2007. In this post, she was responsible for overseeing the licensing and monitoring of mutual funds, mutual fund administrators, and persons conducting securities investment business, whilst supervising a team of Analysts and Senior Analysts.  She led the Authority’s on-site inspections of regulated entities both locally and abroad.  

In 2009, Mrs. Myles transferred to the  Policy and Development Division, where she  developed regulatory measures and coordinated private sector consultations, as well as monitored domestic and international financial regulatory developments in order to provide updates and recommendations to the Authority’s senior management and the Board of Directors as required. 

She has extensive regulatory training, including a 6-month secondment with a local audit firm and various training programmes hosted by the Caribbean Financial Action Task Force; the World Bank; the Financial Stability Institute, and the United States Securities and Exchange Commission.

Mrs. Myles holds a Bachelor of Business Administration (International Finance) degree and a Masters in Business Administration.  She is a certified anti-money laundering specialist (CAMS) and is an Associate Member of the Association of Certified Fraud Examiners. 

She says, “I’m very happy with the way my career at CIMA has progressed, and I’m looking forward to the challenges and opportunities which this new position will bring.”