CIMA promotes deputy to acting head of banking supervision division


The Cayman Islands Monetary Authority (CIMA) has appointed Gloria Glidden as acting head of the banking supervision division. She replaces Charles Ilako.

In her new role, Glidden will be responsible for overseeing the supervision of both international and commercial banks and trusts, the development bank, as well as money services businesses, building societies and co-operative societies in the Cayman Islands.

Prior to this role, Glidden held the position of deputy head of the division since March 31, 2014 and now she will be working closely with Sharon Braithwaite, deputy head, in the management of the division.

The Authority is pleased to be able to fill a key position through promotion from within the company.

Glidden joined the Authority on October 1, 2012, as deputy head of the investments and securities division, overseeing the licensing, regulation and supervision of mutual funds, mutual fund administrators and entities conducting securities and investment business under the securities investment business law and the mutual funds law and sought to ensure their compliance under the money laundering regulations and the proceeds of crime law.

Previously, she has participated in international forums, such as the US-Caribbean Public Private Dialogue on correspondent banking, as well as other regulatory and industry seminars, both locally and abroad.

Glidden is a certified public accountant with 18 years’ post-qualification experience in finance and accounting spanning various industries such as auditing, utilities, telecommunications, and financial services with five and a half years in hedge fund administration.

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