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Business Briefs: November 2022

Girl in graduation gown smiles at camera
Emma Turnbull, above, and Anja van Genderen, below, received Dart high school scholarships in 2014 and are now at the forefront of scientific research in their respective areas.

Young Caymanians' research could change lives
Two young Caymanians and former Dart Scholars — Emma Turnbull and Anja van Genderen — are at the cutting edge of scientific research as they continue their postgraduate studies in the STEM-related fields of virology and biochemistry.

Turnbull this summer completed a master's degree in immunobiology, cancer and transplantation, graduating from Newcastle University with Distinction. She is now starting a three-year Ph.D. in virology, undertaking groundbreaking research looking at how immune cells react when the lungs are infected with respiratory viruses such as COVID-19 and influenza.

Van Genderen is completing her final year at Uppsala University, in Sweden, where she will graduate with a Master of Science in chemistry (biochemistry) before beginning her Ph.D. next year. Her field of study is the properties of enzymes in RNA, or ribonucleic acid, which is present in all living cells.

“They are wonderful role models for our younger Dart Scholars and for the next generation of girls thinking about careers in STEM,” said Glenda McTaggart, senior manager of education programmes at Dart.

Girl in graduation cap smiles at camera turns 6

Camana Bay tenant B1 turned six years old on 11 October. What better way for staff to celebrate the day it was incorporated than by rolling up their sleeves, donning a pair of gloves, picking up a shovel and planting some trees!

The team headed over to Uncle Sammy’s Pond, a 3.5-acre protected heritage site under the National Trust. Named in honour of Sam Parson’s of Mount Pleasant, West Bay, the pond plays a critical role in the dry season when there are few freshwater sources available to local wildlife. At the dry season’s peak, migratory birds pass through Grand Cayman in search of food and water.

block one employees at national trust volunteering day

Mourant welcomes new articled clerk
Mourant is pleased to welcome Caymanian Kathy Gonzalez to its Cayman Islands team as an articled clerk, currently with the Finance and Corporate department.

Gonzalez recently completed her Postgraduate Diploma with Distinction in Legal Practice from Oxford Brookes University, prior to which, she received her LLB (Hons) in 2021 from the University of Liverpool.

Mourant's Articled Clerk Scheme is open to Caymanians who are about to complete the Legal Practice Course (LPC), the Professional Practice Course (PPC) or the Bar Vocational Course (BVC). The scheme provides a dynamic and challenging experience, with training in all practice areas, a personal mentor for the duration of the Articles and the possibility of a rewarding career on completion.

CIIPA, Rewired Earth partner to host Climate Week NYC webinar on using markets as a force for good
The Cayman Islands Institute of Professional Accountants and Rewired Earth are pleased to have partnered to participate in one of the largest climate action events on earth — Climate Week NYC.

CIIPA and Rewired Earth in September launched Warrior Accountants, Trailblazer Lawyers and using the financial markets as a force for good, a live webinar focused on driving sustainability through investment and the role international financial centres like the Cayman Islands play. The webinar was delivered as part of Climate Week NYC, an annual summit that brings together international business, policy and advocacy leaders to discuss issues surrounding global climate action.

Moderated by international broadcast journalist Nik Gowing, the webinar featured keynote speeches from The Lord McNicol of West Kilbride, Chancery Advisors’ Dan Harris and CIIPA Chief Executive Officer Sheree Ebanks.

The panel featured a mix of experts across the accounting, investing and legal sectors, including St. James’s Place Director of Investments Robert Gardner, Ogier Partner Joanne Huckle, PwC Disruption and Innovation Partner and Rewired Earth Co-founder David Marriage and KPMG IMPACT Senior Manager Staci Scott.

Butterfield adjusts rates in response to Fed funds increase
Butterfield Bank (Cayman) Limited (“Butterfield”) announced that, in step with the recent increase in the US Federal Funds Rate, Butterfield has adjusted its Prime Rate for US and CI dollar lending for residential mortgages, consumer loans and corporate loans.

The US and CI dollar prime rates for residential mortgages, consumer loans and corporate loans will increase by .75% to 6.25% effective 23 Sept.

CIIPA honours young Caymanians’ academic achievements at 14th annual Awards Gala
Cayman Islands Institute of Professional Accountants leaders lauded 40 young Caymanians who reached academic milestones in their respective accounting careers during the 14th annual CIIPA Awards Gala in September at the Kimpton Seafire Resort.

Three special awards were also presented, with Claire O’Dea picking up the Rising Star Award, Stuart Broad the Outstanding Member Award and Charles Bolland the Pioneer Award.


This article was originally published in the November 2022 print edition of Camana Bay Times. 

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