NCB celebrates 30-year milestone in Cayman

Published 12.20.22

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NCB Cayman Limited bank (NCB) celebrated its 30th anniversary in the Cayman Islands with an event at Tillies rooftop last week.

Earlier this year, NCB was recently granted a Class A banking licence by the Cayman Islands Monetary Authority.

It will facilitate the delivery of private banking and investment banking services to locally based high-net-worth residents and local Cayman companies for the first time.

Chairman Michael Lee-Chin, who visited Cayman to mark the occasion, said: “It’s wonderful to return to the Islands and celebrate so many achievements with our award-winning team. Upgrading our license means we can continue to serve the Cayman Islands as the jurisdiction of choice for high-net-worth clients in the region and beyond.

“Our team have worked hard to put this in place and this energy sets us up for continued success through next year and beyond, remembering our roots, remaining grateful for the opportunities we’re presented with, and staying close – as ever- to our clients.”

NCB’s Managing Director, Tuula Jalasjaa, said the bank’s success is testament to its team in Cayman, “and the recent Citywealth Future Leaders Awards in London for Cheyenna Calderon and Alessandro Sax, winning Private Banker of the Year and Investment Director of the Year, are something we’re especially proud of”.

We look forward to a bright future for NCB in the Cayman Islands and would like to thank our current clients, colleagues and professional partners for their support to date.”

NCB elected to celebrate its 30th anniversary by donating to two local charities: Plastic Free Cayman, whose mission is to reduce single-use plastic in the Cayman Islands, and the Cayman Islands Cancer Society.

Representatives from both charities received a donation of $5,000 each at the event.


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