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The Bahamas Investor – January 2011 Press release

The January issue of The Bahamas Investor, now in its fifth year, celebrates the cadre of local talent that the jurisdiction has available to investors. From SMART Funds to banking innovations, it is home-grown professionals that have been coming up with new ways to aid investment. 

Wednesday, June 22, 2011
Wednesday, June 22, 2011

January 2011 Bahamas Investor focuses on local talent pool

The new issue of The Bahamas Investor, now in its fifth year, published January 1, 2011, highlights the local, home-grown talent that is having an impact on the financial services industry in The Bahamas.

Paul McWeeney, managing director of The Bank of The Bahamas International, takes centre stage in this issue’s Executive Focus feature. During his ten-year tenure as chief of one of the country’s premier commercial banks, he has expanded the bank’s capital reserves from $18 million to $120 million.

He credits the talents of his team for the bank’s continued success. “Some people are better at being told what to do, but we look for people who like to create and communicate their own ideas. And that works in our favour, because people see working here as a chance to be unencumbered. Consequently, we have talented and committed staff.”

The lead story in the Investing section profiles three of the top female lawyers in the country, examining their personal achievements, whilst highlighting their contributions to the progression of financial services and the legal profession in The Bahamas.

One of the profiles is of Pamela Klonaris, a partner at Klonaris & Co. A high-flying lawyer with specialist skills in financial services legislation, Klonaris was the recipient of the Bahamas Financial Services Board’s 2010 Development and Promotion Award in recognition of her development of the 006 SMART Fund or Side Pocket Fund.

“I am sincerely appreciative of and honoured by this award in recognition of my development of the SMART model,” she says. “Having someone lift you up gives you a broader prospective, and I realize that there is still much more left to be done.”

Among the other features in this issue there is an exclusive interview with multi-talented entrepreneur, artist and sportfishing enthusiast Guy Harvey, whose most recent foray into resort management started with the refurbishment and relaunch of the world famous Bimini Big Game resort last year.

“An important part about Bimini, of course, is its history with fishing,” says Harvey. “There’s nowhere else in The Bahamas or even the Caribbean for that matter, apart from?Key West, that has that [level] of fishing history.”

To read these and all of this issue’s features and browse the Investor’s Resource Guide, The Bahamas Investor’s website at www.thebahamasinvestor.com. There is also an archive of past features to explore and users with an RSS reader can arrange to have the latest articles, updated weekly, sent to them automatically by clicking on the RSS icon on the website.

The Bahamas Investor is produced by Etienne Dupuch Jr Publications Ltd–the leading publisher of business and tourism information in The Bahamas. Other publications produced by the Bahamian company include the Bahamas Handbook, Welcome Bahamas, What-to-do, Bahamas Trailblazer Maps and the Dining & Entertainment Guide.

For more information, promotional copies or to submit press releases to the publisher, please contact the Editorial Dept at (242) 323-5665, fax (242) 323-5728 or e-mail info@dupuch.com.

Speaking at the Nassau Conference last week, Brian Moree, senior partner with Mckinney, Bancroft & Hughes, said that The Bahamas was in need of a ministry solely dedicated to financial services. The leading lawyer also advocated a single regulatory body to oversee the entire sector.

Two years after construction commenced, The People’s Republic of China yesterday officially handed over the new, ultra-modern $30-million Thomas A Robinson National Stadium to the Bahamian people–a gift hailed by Prime Minister Hubert Ingraham as a symbol of good bilateral relations.

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