Patrick Bodden

Chief Operations Officer

Patrick Bodden, TEP, is the Chief Operations Officer (COO) of the Cayman Islands Monetary Authority (CIMA), a position he assumed on November 1, 2024, as part of CIMA’s leadership restructuring. Originally appointed as Deputy Managing Director, Operations, on October 1, 2009, Mr. Bodden has been a key leader within CIMA, guiding essential operational initiatives.

In this role, Mr. Bodden is responsible for advising and assisting the Chief Executive Officer in formulating and implementing policies 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 and is a member of the Authority’s Management Committee, which primarily considers and makes decisions on licensing and registration applications for regulated financial entities.

Mr. Bodden’s earlier tenure at CIMA spanned from February 2001 to April 2008, during which he served as Head of Fiduciary Services (2001–June 2006) and Deputy Managing Director (June 2006–April 2008). From April 2008 to September 2009, he held the post of Head of Operations at Bodden Corporate Services.

Mr. Bodden has been active in the financial services industry since 1991, holding senior roles 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.

A 1988 graduate of Embry-Riddle University of Florida, Mr. Bodden is also a current member of the Society of Trust and Estate Practitioners (STEP), holding the organisation’s Trust and Estate Practitioner designation.