Published On: Wed, Mar 13th, 2013

CIFA Select New Board Members

CIFAWILLEMSTAD - At the General Meeting of Thursday, March 7, the members of CIFA chose two new members to join the board.

These two members are Victor van Hoedt (MeesPierson Curacao) and Stephen Capella (Girobank). The new members replaced Daisy Tyrol-Carolus (MCB) and Arthur Adams (AIC), who resigned as board members.

The total CIFA board consists of 9 members and next to the newly elected Board members, the Board consists of: President Etienne Ys, Eric Paassen, Bass Horsten, Sabine Altena, Wendell Meriaan, Zuleika Lasten and Derk Scheltema.

Action Plan 2013

The Board will continue to focus on implementing the Action Plan 2013. The Action Plan focuses particularly on promotion, product development and knowledge migration. The promotional activities of CIFA will mainly focus on the target markets: Colombia, Brazil, Netherlands, USA (Miami & New York) and Spain.

CIFA also wants to organize seminars highlighting the issues and product knowledge migration. The development of products and attracting skilled migrants is of great importance to be able to deal with the competition in other jurisdictions.

Economic Pillar

Despite the fact that the sector is often invisible to the public, the sector is an important economic pillar for the country. The International Financial Sector accounts for 8-10% of the Curaçao economy and is an important source of foreign exchange for Curacao. As an interest organization of the international financial sector CIFA acts as a sounding board for the government, regulators and monetary authorities and is committed to the further development of this important sector of the country.

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