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Chamber of Commerce Hosts AGM

Business 16 Feb, 2023 Follow News

Chamber of Commerce Hosts AGM

Chamber of Commerce Volunteer of the Year, Christina Spratt receives her award from outgoing President Mr. Shomari Scott.

Former Chamber President Shomari Scott stands with honorees at the AGM held on February, 9th.

The Chamber of Commerce welcomed a new president at its Annual General Meeting on Thursday 9th January at the Marriott, Grand Cayman.

Nelson Dilbert, who takes over from Past President, Mr. Shomari Scott, will serve and the organization’s new president and brings a wealth of experience in the business sector.

He is the owner of Cayman Spirits Company and comes from a family with a long history in business in the Cayman Islands.

In his remarks Mr. Dilbert noted that he would be focusing on the new airline routes, along with the Chamber’s relationship with young entrepreneurs, and working with government agencies to establish closer ties.

Cayman Islands Premier Wayne Panton gave the keynote addressed and his remarks, told the audience that he was glad to see Mr. Dilbert at the mantle of the Chamber of Commerce, calling him a ‘serial entrepreneur’ who had solidified his place in the Cayman business community throughout the years.

‘I am looking forward to working with him to continue to grow Cayman’s economy, post covid and it is our intention that the rising tide lifts all boats,’ he remarked.

The premier noted that the impacts of the Covid-19 still live with us in the Cayman Islands, though the resilience of the Caymanin economy could be seen at places such as the Ritz Carlton, which is said to be fully booked for the next year.

Cayman’s compliance with the global financial regime were lauded by the Premier, who said he was proud of the work being done by the Ministry of Financial Services under the leadership of Financial Services Minister, the Honourable Andre Ebanks.

During Thursday’s AGM, Chamber members and partners appraised the organization’s financial performance over the past fiscal year, in addition to recognizing key donors.

The organization suffered a net loss of over CI$ 21,000; up from CI$ 83,000 in its previous budget.

As the recovery of Cayman’s economy continues, the future looks bright according to Chamber representatives, who lauded the Islands’ counter-measures in the wake up the disruption caused by the worldwide pandemic.

The government’s handling of the crisis, has no doubt been a major catalyst for the resurgence.

New Council members for the Chamber of Commerce were also announced at the AGM and a cadre of fresh new talent has emerged to continue the strides gained by the outgoing president and his team.

Several volunteers and donors were also recognized for their contributions to the work of the Chamber of Commerce. 

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