Business

CIBC FirstCaribbean opens Wealth Management office in Cayman

Friday, June 06, 2014 | 5:26 PM    

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KINGSTON, Jamaica—CIBC FirstCaribbean has officially opened in Cayman Islands its first in a planned regional network of Private Wealth Management offices.

The Cayman office is the start of what will eventually be six CIBC FirstCaribbean Private Wealth Management offices throughout the region, and will be the regional base for this particular area of CIBC FirstCaribbean’s business, Managing Director and Country Head for CIBC FirstCaribbean (Cayman) Limited Mark McIntyre said at the recent opening.

"It makes sense that Cayman would boast the flagship office as our jurisdiction’s reputation for excellence in both service and quality of financial products and offerings is both well-documented and well-earned,” McIntyre said.

He added that coupled with the "strong, established backing of the CIBC name” Cayman is “more than capable of meeting the complex financial requirements of clients with professional, sophisticated attention and sound wealth management expertise".

CIBC FirstCaribbean Private Wealth Management offices will eventually operate in The Bahamas, Barbados, Jamaica, Trinidad & Tobago and Curacao.

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