Cibc FirstCaribbean appoints new private wealth investment advisor

Regional bank CIBC FirstCaribbean recently announced the appointment of 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.

Jenkins holds an honours Bachelor’s degree from The University of Western Ontario (Western University), and an MBA, specializing 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.”

Jenkins’ appointment took effect from February 21, 2018.