The Cayman Islands Institute of Professional Accountants (CIIPA) recently hired Alfred Tweneboah to serve as its director of regulatory affairs and policy. Tweneboah, a fellow chartered accountant of the Institute of Chartered Accountants in England and Wales, brings considerable accounting and policy experience to CIIPA. He previously served as senior policy advisor for the Ministry of Financial Services & Commerce and has more than a decade of experience working at ‘Big Four’ audit firms both locally and onshore before taking the post at CIIPA.
“We are pleased to bring Alfred on board and know his experience and his work as a senior policy professional will serve us well,” CIIPA Chief Executive Officer Sheree Ebanks said. “Our team continues to grow as we develop more resources and services that help our members, the accounting profession and Cayman’s financial services industry as a whole.”
Tweneboah’s role with CIIPA will be multifaceted. He will spearhead CIIPA’s efforts as the Cayman Islands’ anti-money laundering regulator as the jurisdiction continues preparations for the FATF 5th round mutual evaluation.
“With the Cayman Islands having been removed from the FATF grey list in October 2023, it’s more important than ever to ensure we continue doing our part to fight corruption and money laundering,” he said. “I look forward to working with our team, firms and other stakeholders to ensure we do just that.”