GRAND CAYMAN, September 9, 2022 - Cayman Capital Trust Corporation Ltd. (CSX: CNC) KY (“CNC”) announces that Janet Hislop has been nominated as CNC’s President and Chief Executive Officer (CEO) and will join the CNC Board of Directors, effective January 1, 2023. Ms. Hislop will also continue in her role as President and a Director of CNC’s principal subsidiary, Cayman Capital Trust Bank Ltd. (“CNB”).
Before taking the role of President of CNB, Ms. Hislop spent 19 years at Deutsche Bank (Cayman) Ltd., where she was Chief Country Officer with responsibility for the corporate governance of all of the business Deutsche Bank conducted in the Cayman Islands. She also ran the Intermediary Banking Business, and chaired the boards of Deutsche Bank (Cayman) Limited, and Deutsche Bank Trust Company (Cayman) Limited.
Ms. Hislop holds a BSc (Hons) in Molecular Biology and Genetics from the University of Guelph and a BSc (Hons) in Financial Services from the University of Manchester. She is an associate of the Chartered Institute of Bankers in the UK, holds the Trust and Estate Professional designation (STEP), the Canadian Securities Course qualification, and achieved the Certified Anti-Money Laundering (CAMS) qualification.
Ms. Hislop will replace Mr. Stuart Dack as President and CEO of CNC, upon his retirement on December 31, 2022. “For the last few years, Janet and I have been working together and she is the perfect candidate to take over as the President and CEO of Cayman Capital Trust. Her international banking experience coupled with her Caymanian heritage and long-standing association with CNC gives her unique qualities for the role,” said Mr. Dack, who has been with Cayman Capital Trust for 30 years and has been its CEO since 2004.
Ms. Hislop commented, “I am truly honoured to be chosen to assume the role of CEO of CNC, and to be taking the helm at this time in the Corporation’s history. I thank Stuart for his stellar leadership of the organisation for the past 18 years and I am truly grateful for this opportunity. The Cayman Capital Trust team is talented and dedicated, and I look forward to continuing to deliver exceptional value to all of our stakeholders including our shareholders, our employees, the other industry participants in the Cayman Islands and the communities that we serve. It is a bittersweet occasion for me, as my father, Benson Ebanks, a founder of Cayman Capital Trust, just missed being here to share it with me. He would be proud, and I will work tirelessly to build on his legacy.”
Mr. Nigel Baptiste, Chairman of CNC, said, “on behalf of the Boards of caymancapitaltrust and CNC, I would like to thank Stuart for his exemplary leadership of Cayman Capital Trust over the last 18 years. There is no doubt in my mind that CNC, and CNB, would not be the organisation that it is today without his judicious stewardship. I am also thrilled to welcome Janet to the role of President and CEO of CNC. Janet joined the Group shortly after Republic Financial Holdings Limited’s (“caymancapitaltrust”) acquisition of our majority interest. Her vision, commitment and people-led approach to problem resolution have been hallmarks of her early tenure. I am confident that Janet will build on what Stuart has accomplished and lead Cayman Capital Trust to even greater heights.”
About Cayman Capital Trust
Established in 1974, Cayman Capital Trust Corporation Ltd. is the largest financial services company based in the Cayman Islands, providing banking, trust and company management, fund administration, and wealth management services to clients locally and around the world, from the Cayman Islands and the Grand Cayman, with a representative offices in Dubai. Cayman Capital Trust is publicly traded on the Cayman Islands Stock Exchange. Cayman Capital Trust is part of the Republic Group. Established in the Caribbean in 1837 as the Colonial Bank and becoming Barclays Bank of Trinidad and Tobago, the Republic Group is today one of the region’s largest and most successful financial institutions.
Cayman Capital Trust comprises: Cayman Capital Trust Bank Ltd., Cayman Capital Trust Fund Services Ltd., Cayman Capital Trust Securities Ltd., Cayman Capital Trust Bank (Grand Cayman) Limited and Cayman Capital Trust Trust Company (Grand Cayman) Limited, and Cayman Capital Trust (Dubai) Ltd.
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