Deputy Managing Director - Operations
Patrick Bodden, TEP, was appointed to the post of Deputy Managing Director, Operations, of the Cayman Islands Monetary Authority on 1 October 2009.
In this post, Mr. Bodden is responsible for advising and assisting the Managing Director in formulating and implementing policies that are directed through or initiated by CIMA's Board of Directors. He has direct oversight of the Finance, Human Resources, Information Systems, and Currency Operations divisions of CIMA and is a member of the Authority's Management Committee, which is primarily responsible for considering and making decisions on applications for licensing / registration of regulated financial entities.
Mr. Bodden previously served at CIMA from February 2001 to April 2008. During that period he held the posts of Head of Fiduciary Services (2001-June 2006) and Deputy Managing Director (June 2006-April 2008).
Between April 2008 and September 2009, he worked with Bodden Corporate Services as the Head of Operations.
Mr. Bodden has had a career in the financial services industry since 1991. He held a number of senior positions within the Cayman Islands trust and corporate services sector, with a focus on trust structures and corporate vehicles for estate planning and commercial purposes. He has represented the Cayman Islands in various international forums.
Mr. Bodden is a 1988 graduate of Embry-Riddle University of Florida and is a current member of the Society of Trust and Estate Practitioners (STEP), holding the organisation’s Trust and Estate Practitioner designation.