New banking supervisor for Caymans
Chris Hamblin, Editor, London, 13 October 2016
Mrs Gloria Glidden, a certified public accountant, is now the acting head of the Cayman Islands Monetary Authority's banking supervision division, having replaced Charles Ilako.
Mrs Glidden is also deputy head of the division, a post she has held since March 2014. In her new job she is oversees international banks and trusts, among other things that are not relevant to wealth management. She has been with CIMA for the past four years, joining in October 2012 as deputy head of the investments and securities division in which she oversaw mutual funds, mutual fund administrators and entities conducting securities and investment business under the Securities Investment Business Law and the Mutual Funds Law, while also overseeing their compliance with the Money Laundering Regulations and the Proceeds of Crime Law.
As a CPA she spent 18 years in finance departments in various industries such as auditing, utilities, telecommunications and financial services, with five and a half years in hedge fund administration also. She has a Bachelor of Business Administration Degree in Accounting from the University of Miami.