Michelle Majid

Deputy Head - Financial Stability & Statistics Division

During her tenure at the Cayman Islands Monetary Authority (CIMA), Michelle Majid has been instrumental in various learning and development initiatives across CIMA, as well as other strategic projects including the inaugural Financial Stability Report.

Prior to joining CIMA, Mrs. Majid was employed with the Central Bank of Trinidad and Tobago, where she held various senior roles, including Senior Examiner in the Financial Institutions Supervision Department and a Senior Economist in the Macroprudential Analysis Unit. While there, and with over 20 years of regulatory and supervisory experience, Mrs. Majid also spearheaded various high-level strategic initiatives, such as the consolidation supervision framework, the development of macroprudential indicators, implementation of specific aspects of Basel I/II/III, execution of the stress testing framework for banks, development of a systemically important financial institutions regime, and for several years led the production of the annual Financial Stability Report. She also represented the Central Bank regionally and internationally, on diverse regulatory and financial stability areas.

She holds a Bachelor’s in Mathematics and Computer Science and a Masters in Economics, both from the University of the West Indies, St. Augustine. She also earned an MBA from Edinburgh Business School, Scotland and a Postgraduate Certificate in Higher Education from the University of Greenwich, UK. Mrs. Majid is also a Certified Anti-Money Laundering Specialist, a Certified Financial Crime Specialist, a Certified CryptoCurrency Auditor and a certificate holder in Sustainability and Climate Risk. She also earned qualifications as a Project Management Professional.