Wednesday, July 8, 2015
Wednesday, July 8, 2015
Etienne Dupuch Jr Publications is pleased to announce the release of the July-December issue of The Bahamas Investor magazine.
A primary resource of business and finance news and information, the full-colour 132-page publication is essential reading for anyone looking to live, work or invest in The Bahamas.
The maritime industry, which has been a driving force in the Bahamian economy for centuries and is the subject of this issue’s cover story, is looking to diversify and grow its income. Already the fifth largest ship registry in the world, The Bahamas is looking to explore synergy in financial services, residential sales and tourism.
“We want to introduce shipowners to Bahamian financial services and the skilled labour pool available in The Bahamas. We are looking beyond just being a registrant for shipowners and their ships, but also to encourage them to be part of The Bahamas,” says Bahamas Maritime Authority chairman Anthony Kikivarakis.
Other stories in this issue include a look at banking, wealth management and estate planning at CIBC FirstCaribbean, which has recruited two Nassau-born professionals with the experience and the passion to drive the business forward.
Managing director of CIBC Trust Company (Bahamas) Ltd Carmen Butler and managing director of banking services Marie Rodland-Allen are overseeing the bank’s expansion in the region, as it targets new markets in the Caribbean and Latin America. Launching private wealth management centres in the Cayman Islands and The Bahamas, with another soon to follow in Barbados, CIBC is putting the region at the heart of its strategic growth plan.
“When we speak to clients, most of them know The Bahamas and what it represents,” says Butler. “It is a jurisdiction that has been tried and tested and they know that the laws are in place to protect them and their investment. They are confident that we have a cadre of financial services professionals and lawyers that are here to help them. FirstCaribbean is looking to leverage those advantages.”
The next generation of top professionals in The Bahamas is the subject of another feature in this issue about the rise of talented Millennials. Now in their 20s-30s, this group is overachieving in a range of doctrines from policy and research to accounting, ensuring that the next few decades of financial services in The Bahamas will be as successful as the last, if not more so.
Bahamians are also putting their shoulder to the wheel when it comes to the country’s biggest economic driver: tourism. The Island House boutique hotel is now open, adding a touch of class to the New Providence tourism offering. “We do have beautiful hotels here, but we are trying to create something different by bringing island and city together and creating something that is unique,” says Bahamian and hotel project manager Lauren Holowesko.
For all these stories and more pick up a copy of The Bahamas Investor at various points around The Bahamas, including banks, real estate agents, financial services providers, lawyer’s offices and government ministries.