The Cayman Islands Monetary Authority (CIMA) has appointed Ruwan Jayasekera as head of its insurance supervision division.
Jayasekera, who joined CIMA in 2007, was appointed acting head of insurance division in March of this year.
Jayasekera took over from Morag Nicol, who had served as acting head since April 2014 following the departure of CIMA’s last full-time insurance supervision leader, Gordon Rowell.
Cindy Scotland, managing director of CIMA, said, “The search for a suitable candidate to fill the role as head of insurance has been ongoing for some time now due to a worldwide shortage of highly skilled and experienced persons in the field of insurance supervision, especially with the competitive salary/remuneration expectations.”
She added: “Having been appointed as acting head of insurance for the past four months, Ruwan Jayasekera has proven his ability to successfully lead the insurance supervision division with confidence.”?
