Tuesday, May 21, 2024

240 George McCarthy
Chair - Cayman Islands Monetary Authority CIMA

George A. McCarthy, OBE, is Chairman of the Board of Directors of the Cayman Islands Monetary Authority.

A former Financial Secretary for the Cayman Islands, McCarthy previously served as CIMA’s Chairman, from the Authority’s inception in 1997 until it gained operational independence from the Government in 2003.

McCarthy retired in June 2009 after serving 35 years as a Cayman Islands civil servant. His most recent position was that of Chief Secretary, a post he held from November 2004. During his tenure in that role, he was responsible for the Portfolio of Internal and External Affairs, which encompassed the Portfolio of the Civil Service, the Legislative Department, the Immigration Department, and the Royal Cayman Islands Police Service among its areas of responsibility.

Prior to that, he was the Financial Secretary for 12 years, from 1992 to 2004.

Mr. McCarthy joined the Civil Service in 1974 in the Internal Audit Department and was appointed as the Deputy Financial Secretary in 1985. He earned his Certified Public Accountant (CPA) designation in 1987, following which he had a two-year secondment with Ernst & Young before returning to government.

Mr. McCarthy was appointed as a Justice of the Peace in 1992 and named Officer of the Most Excellent Order of the British Empire (OBE) in 1994.