Highwater hires former CIMA head


Highwater, the Cayman Islands-based boutique corporate governance services firm, has hired Yolanda Banks McCoy, the former head of the investments and securities division of the Cayman Islands Monetary Authority (CIMA).

McCoy, who will be based in Cayman and has more than 19 years of financial services experience, joins Highwater’s team of directors.

Prior to joining HighWater, she was the head of investments and securities division of CIMA since November 2006. She was responsible for the regulation and supervision of hedge funds, fund administrators and securities investment companies operating in or from the Cayman Islands, as well as ensuring sound compliance and market conduct in accordance with Cayman Islands regulatory laws and CIMA’s policies and procedures.

“HighWater is one of the most highly respected director services operations in Cayman and I am pleased to be joining such a well-established and experienced team,” said McCoy.

Gary Linford, managing director of Highwater, said: “We are absolutely delighted to welcome Yolanda to Highwater.  Her years of experience with CIMA, and extensive knowledge of the global hedge fund industry and Cayman Islands’ regulatory infrastructure, compliment the team perfectly.  HighWater has an impeccable reputation for corporate governance in the industry and Yolanda’s skills will ensure its continuation.”

Highwater, CIMA, McCoy

Cayman Funds