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You are here: Homepage > Press Room > Press Releases 2009 > CIDB Appoints Vice President

Cayman Islands Development Bank (CIDB) new President and General Manager, Ms. Tracy Ebanks

Published 12th August 2009, 9:29am

The Cayman Islands Development Bank (CIDB) is pleased to announce the appointment of Ms Tracy Ebanks as Vice President/Deputy General Manager, Credit and Portfolio Management.

Ms Ebanks will be responsible for CIDB’s credit and risk functions as well as growing the Bank’s loan portfolio. She will oversee the day-to-day operations of the credit division, including the provision of ongoing staff training in the areas of interviewing, credit assessment, loan administration and supervision and project and appraisal management. She will also offer technical assistance and financial counseling to customers.

Announcing the new appointment today, Mr Ralph Lewis, President/General Manager said: “We are delighted to welcome Tracy to the CIDB management team. Her expertise and experience provides the perfect fit for the position of Vice President/Deputy General Manager with a special focus on overseeing the credit business. This is a segment that has grown considerably and with her wide range of retail experience and capabilities, Tracy will be well placed to lead the continued growth of this important part of our business.”

Ms Ebanks has worked in retail banking for over twenty years, most recently as Senior Account Manager, Client Solutions for Scotiabank where she was responsible for analysing and preparing credits for the Bank’s large commercial customers. Prior to this she worked for Canadian Imperial Bank of Commerce where she trained as a Manager and became a consumer lender.

She said: “I am very excited to be working with the CIDB and growing the bank’s business customer base. I look forward to the challenges of transitioning from serving a large corporate client base to focusing on assisting small businesses and local residents. This will enable me to get more involved with the local community and I am dedicated to really making a difference.”

A long time member of the Bank, Ms Ebanks served on the Board of Directors for three years, leading the Credit and Loan Delinquency Committee. She added, “I have seen how the CIDB has grown over the last three years and I am delighted to embrace new, innovative ways to work with staff, increase the Bank’s customer base and bring in new business.”

Ms Ebanks is a member of the National Women’s Volleyball Team and Treasurer for the Cayman Islands Volleyball Federation. In 2000, she was awarded the Quincentennial Life Achievement for service to the community. Her short term personal goals are to become a more active member of the community through professional development and to learn a foreign language.

About the Cayman Islands Development Bank (CIDB)

The CIDB was established in March 2002 and employs 15 staff. Its primary function is to provide financing and to promote and facilitate the expansion and strengthening of the economic and social development of the Cayman Islands. The CIDB is committed to finding innovative ways to assist Caymanians whilst carefully managing risk and ensuring continuous improvement of its customer service.

 

For more information, please contact the Financial Services Secretariat at (345) 945-5819 or via email at financepr@gov.ky.