CIMA appoints new head of insurance supervision

The Cayman Islands Monetary Authority (CIMA) has appointed Kara Ebanks as head of its Insurance Supervision Division.

Ebanks has served as deputy head since April 2021 and is well-known by the industry, the financial regulator said. Since joining CIMA in 2007, she has become a core member of the insurance team and has been involved in many high-level matters. 

kara-ebanks
Kara Ebanks

In addition to her day-to-day responsibilities, Ebanks will continue to serve as the primary contact for most international associations and National Risk Assessment activities.

CIMA Managing Director Cindy Scotland said, “Having moved through the ranks, Kara has brought enthusiasm and energy to her role and has been instrumental in the team’s growth and success over the years.”

Related news

Regulatory News

Government delegations to attend FATF plenary, EU meetings 

Regulatory News

Fund industry associations challenge SEC securities lending and short position reporting rules

Regulatory News

Legislative changes proposed to strengthen CIMA’s AML enforcement, information sharing