Mrs Judiann Myles has been appointed as the Deputy Head of Policy and Development at the Cayman Islands Monetary Authority (CIMA).

She has been promoted from chief policy and development officer to the new position effective November 1, 2014.

Myles began her regulatory career with the Authority in 1999 in the investments and securities division, where she held various positions before rising to the rank of chief analyst in 2007. In 2009, Myles transferred to the policy and development division.

In her capacity as Chief Analyst she oversaw the licensing and monitoring of mutual funds, mutual fund administrators, and persons conducting securities investment business. Mrs Myles also supervised a team of Senior Analysts, and led the Authority’s on-site inspections of regulated entities both locally and abroad.

Cindy Scotland, managing director of CIMA, said: “We are very pleased to have been able to fill this key position from within the Authority, and to recognise and encourage the professional development of another young Caymanian. Judiann has had the benefit of working in two CIMA Divisions, and this experience, coupled with her training and industry exposure will serve her well in this new role.”

Her extensive regulatory training includes a 6-month secondment with a local audit firm, and various training programmes hosted by the Caribbean Financial Action Task Force; the World Bank; the Financial Stability Institute, and the United States Securities and Exchange Commission.

Mrs Myles holds a Bachelor of Business Administration (International Finance) degree and a Masters in Business Administration. She is also a certified anti-money laundering specialist (CAMS) and an Associate Member of the Association of Certified Fraud Examiners.

Myles said, “I’m very happy with the way my career at CIMA has progressed, and I’m looking forward to the challenges and opportunities which this new position will bring.”