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Cayman Islands Based Company Celebrates Success in Asian Markets

2017-05-09 09:00

BRIDGETOWN, Barbados,  May 9, 2017 /PRNewswire/ -- As CIBC celebrates their 150th anniversary, CIBC Bank and Trust Company (Cayman) Limited ("CIBC Cayman") is celebrating another two important milestones. CIBC Cayman is proudly celebrating their 50th anniversary in the Cayman Islands and also their 1st anniversary in Hong Kong.

CIBC Cayman, one of the largest trust companies in the Caribbean, is now enjoying further success following their expansion with a new office in Hong Kong. Their office in Hong Kong has been well received and succeeded in breaking into the Asian markets, before celebrating their first anniversary.

The team, led by Andrew Mascall-Robson, Executive Director, Head of Fund Services Asia, and Shirley Yuen, Executive Director, Head of Relationship Management, is already managing many new clients from Hong Kong, Japan, mainland China and Singapore. Fund mandates awarded include Private Equity, Funds of Funds and Hedge Funds. Commenting on this achievement, Mr. Mascall-Robson said, "The response to our new presence has been far beyond expectations. Momentum is strong and interest constantly grows. We are most grateful for all the support extended to us by so many."

CIBC Cayman was established in 1967 as an integrated bank and trust company and provides an extensive product suite of fund administration services, custody, banking, private trust and fiduciary services.

With nearly 11 million personal banking and business clients, CIBC offers a complete range of products and services through its comprehensive electronic banking network, branches and offices across the world. CIBC has a strong and established network of offices in Asia having opened offices in Hong Kong (1968), Tokyo (1970), and Taipei (1989).

With the backing of CIBC's global brand and the knowledge of the region that resides within its new Asia office, CIBC Cayman has the administrative and operational strength to meet the needs of international fund managers, along with the flexibility to adapt as financial markets evolve.

Source: CIBC Cayman

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