Cindy Scotland, OBE

Chief Executive Officer

Mrs. Cindy Scotland, OBE, is the Chief Executive Officer (CEO) of the Cayman Islands Monetary Authority (CIMA), a title she assumed on 1 November 2024 as part of CIMA’s leadership restructuring. Her appointment marked a historic transition, following over two decades of distinguished service as Managing Director, a role she held since June 2000.

She joined CIMA at its inception in 1997 as Head of Currency Operations and was later promoted to General Manager. Prior to that, she served with the Cayman Islands Currency Board for six years, including three years as Manager. Having held various leadership roles throughout her tenure, Mrs. Scotland has played a key role in supporting the stability and success of the Cayman Islands’ financial services sector.

In her current role, she oversees policies ensuring sound currency management and effective supervision of regulated entities while maintaining strong relationships with the Cayman Islands Government and international regulatory bodies. She represents the jurisdiction extensively on regulatory and cooperation matters, currently serving as deputy chairman of the Group of International Financial Centre Supervisors. She also served as co-chair of the Financial Stability Board’s Regional Consultative Group for the Americas for two consecutive terms from 1 July 2019 - 30 June 2023. 

She also regularly engages with global bodies, including the International Monetary Fund and the Caribbean Financial Action Task Force, as well as regulators in the UK, US, and Europe. Additionally, she serves on several local boards and committees, including the Cayman Islands Government Education Council, the Cayman Islands Stock Exchange Authority, and the Anti-Money Laundering Steering Group.

A recipient of the 2004 Young Caymanian Leadership Award, she was made a life member of the International Association of Business Leaders in 2005. She holds a Bachelor of Arts in Economics from Macalester College and qualifications in offshore business management from the Institute of Chartered Secretaries and Administrators. She is also a Notary Public of the Cayman Islands and a contributing author to various industry publications. 

In recognition of her distinguished public service and significant contributions to the financial services industry, Mrs. Scotland earned the Officer of the Most Excellent Order of the British Empire (OBE) award in 2024.