Regional bank CIBC FirstCaribbean recently announced the appointment of Mr. Paul Michael Jenkins to the post of Private Wealth Investment Advisor.
The experienced banking executive will work with CIBC FirstCaribbean clients in The Cayman Islands, Barbados and the Eastern Caribbean to provide international investment advice. He has amassed a significant amount of experience in the area of Private Wealth Management, having worked with institutional and private clients in Canada and the Caribbean for over 15 years, most recently with Scotiabank & Trust in The Cayman Islands.
Mr. Jenkins holds an honours Bachelor’s degree from The University of Western Ontario (Western University), and an MBA specialising in Finance from Alliance Manchester Business School in the United Kingdom. He has spoken internationally at several conferences and written numerous articles on the discipline of wealth management.
He said he was eager to provide clients with access to a new Investment Advisory Platform. This new management platform uses state-of-the-art financial asset management tools provided by BNY Mellon’s Pershing. It delivers direct access to investment accounts from any Wi-Fi location globally, providing clients with real time portfolio positions and valuations.
“This is a game changer in our development of our clients’ portfolios” he noted. “As a relationship oriented bank, it’s our job to know our clients’ accounts inside-out and provide them with the products and services tailored to maximize their wealth potential.”
Glenn Abell, Director, Private Wealth Management, welcomed Mr. Jenkins to CIBC FirstCaribbean. “We are pleased to have someone of Paul’s calibre join our Private Wealth Management team. His knowledge will add new and increased depth to our relationship management team.”
Mr. Jenkins’ appointment took effect from 21 February, 2018.
About CIBC FirstCaribbean
CIBC FirstCaribbean is a relationship bank offering a full range of market leading financial services through our Corporate and Investment Banking, Retail and Business Banking and Wealth Management segments. We are located in seventeen (17) countries around the Caribbean, providing the banking services that fit our customers’ lives through approximately 3,000 employees in 68 branches and offices. We are one of the largest regionally listed financial services institutions in the English and Dutch speaking Caribbean, with over US$12 billion in assets and market capitalization of US $2 billion. We also have an office in Hong Kong. The face of banking is changing throughout the world and CIBC FirstCaribbean intends to lead these changes with the expertise, integrity and knowledge gained from banking in the Caribbean since 1836.
CIBC FirstCaribbean is a member of the CIBC Group. CIBC is a leading Canadian-based global financial institution with 11 million personal banking and business clients. Through our three major business units - Retail and Business Banking, Wealth Management and Capital Markets - CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across Canada with offices in the United States and around the world.
