Special Assistant to the Managing Director
Mitchell Scott was appointed Special Assistant to the Managing Director effective 10 February 2014.
Mr. Scott is responsible for conducting research on specific aspects of financial services regulation and financial industry developments on behalf of the Managing Director and for providing briefings, research and background documents to the Managing Director for meetings, presentations and speaking engagements. Mr. Scott also coordinates logistics for specific meetings/discussions with local stakeholders and overseas regulators and regional and international organizations and serves as key administrator for the Managing Director on special projects.
The Head of the Policy & Development Division from 2003 to 2014, Mr. Scott was also Head of the Investments & Securities Division.
Mr. Scott was employed by the Cayman Islands Government in June 1986. He became an analyst in the Banking Supervision Department in July 1986 and gained experience and training in this area, including a year on secondment to the Bank of England, until he became responsible for the licensing/registration and supervision of mutual funds and mutual fund administrators in 1993.
Mr. Scott returned to Banking Supervision at the end of 1995 and was appointed Acting Inspector of Financial Services in October 1996. He held the position of (interim) Managing Director of the Monetary Authority on its establishment in January 1997 before heading up the newly formed Policy & Research (now Policy & Development) Division in July 1997.
Mr. Scott has represented CIMA at local and international conferences and on a number of committees with industry participation, including the (Anti-Money Laundering) Guidance Notes Committee and the Funds Industry Steering Committee (2002).
A 1986 graduate of Furman University, South Carolina, Mr. Scott has a Bachelor of Business Administration (Accounting) degree.