George Town, Cayman Islands, 4, February 2021 – In a year where many events were forced to go virtual, CIBC FirstCaribbean was able to work within COVID-19 restrictions to host the region’s only in-person Walk for the Cure Event in 2020.

Including in-kind donations which are used to help stage the live walk/run, CIBC FirstCaribbean’s 9^th Annual 5K Walk for the Cure raised over USD 90,000 to benefit the Cayman Islands Cancer Society. Despite weather-related challenges, the October 4^th event drew over 375 participants.

Total donations for the annual fundraiser were slightly lower than the event raised in 2019, but were praised as a significant achievement by the bank’s Executive Co-Chair and Managing Director, Wealth Management, Dan Wright.

“This was a very difficult year for everyone. Between Covid-19 restrictions and increased demand for donations during the pandemic, we are very pleased with the number of corporate sponsors and individual participants who supported this important cause,” said Wright.

“As soon as our local restrictions were lifted to allow gatherings of 500 people, we organized quickly to ensure we could hold an in-person event like we had done for the past 8 years. We’re grateful that we were able to do so, as all other countries who participated in the global walk/run were forced to do so virtually.”

CIBC also held its second “Tennis for the Cure” fundraiser in November, another successful sold-out event where 16 teams had great fun competing in a tennis tournament while raising money for a great cause.

“All of the proceeds from these events come to the Cancer Society to help with our financial aid programme. The Cancer Society has a need-based financial aid programme, and we are helping more than 400 patients who are impacted by cancer. Since Covid happened we have even more people who need our help because so many people lost their job and insurance so they have no income, no insurance and cancer. Times are very difficult so we really appreciate all the sponsors and all the walkers that take part,” said Jennifer Weber, operations manager for the Cayman Islands Cancer Society.

About CIBC FirstCaribbean 

CIBC FirstCaribbean is a relationship bank offering a full range of market leading financial services through our Corporate and Investment Banking, Retail and Business Banking and Wealth Management segments. We are located in sixteen (16) countries around the Caribbean, providing the banking services through approximately 2,900 employees in 64 branches and offices. We are one of the largest regionally listed financial services institutions in the English and Dutch speaking Caribbean, with US$12 billion in assets and market capitalization of US$2 billion. We also have a representative office in Hong Kong providing business development, relationship management and fund administration.

CIBC FirstCaribbean is a member of the CIBC Group. CIBC is a leading Canadian-based global financial institution with 11 million personal banking and business clients. Through our three major business units – Retail and Business Banking, Wealth Management and Capital Markets – CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across Canada with offices in the United States and around the world. 

For more information about CIBC FirstCaribbean, visit www.cibcfcib.com , Facebook, Twitter , LinkedIn, Instagram or YouTube.

Media contact

Daniel R. Wright, Managing Director | Wealth Management, CIBC FirstCaribbean House, 25 Main Street

telephone: 345 914-9401; mobile: 345 925 3929 and email: [email protected]. 

Debra King, Director of Corporate Communications, CIBC FirstCaribbean, Barbados Head Office; telephone: 246 367 2248; fax: 246 421 7148 and email: [email protected].