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. Since her original appointment as Managing Director in June 2000, she has played a key role in supporting the stability and success of the Cayman Islands’ financial services sector. 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, serving as deputy chairman of the Group of International Financial Centre Supervisors and co-chair of the Financial Stability Board’s Regional Consultative Group for the Americas. She 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, Cayman Islands Stock Exchange Authority, and the Anti-Money Laundering Steering Group.
Mrs. Scotland joined CIMA at its inception in 1997 as Head of Currency Operations and was later promoted to General Manager. Before that, she spent six years with the Cayman Islands Currency Board, serving as its Manager for three years.
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.
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