Running head: REFLECTION PAPER DAY 4 1

Reflection Paper: Day 4

Marteca Soler-Bodden

International College of the Cayman Islands

Seminar: Business and Society

16 & 22 November 2017

Ms. Melisa Bent-Hamilton

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On November 16th, 2017, my business and society class started the day early and went

straight to the Grand Cayman National Museum and then went on the helicopter tour of Stingray

City. We ended the day short around 1:00 for lunch at Hard Rock Caf and then made up for the

rest of the day by attending the CIIPA presentation by Ms. Vanessa Hansen, and the CIMA

presentation by Ms. Prabhavathi Namburi and Ms. Judiann Myles.

The National Museum was established in 1979, but the building of the National Museum

is the islands oldest known surviving building. It has been used a s a post office, commissioners

office, courthouse, jailhouse, schoolroom, public library, bank, church hall, and dance hall. A

notice board in the yard kept citizens informed of current events. On the existing flagpole, a

lantern was hoisted by night to guide returning ships to safe harbour. It is here, on the front steps

of the Old Courts Building, that many important proclamations were read. The Old Courts

Building holds a special place in Caymanian hearts. So many events of national importance have

taken place here that it has become more than a building--it is a symbol of our National

Heritage (About the Building, 2017). Upon arrival, we watched a short video in the audio-visual

theatre introducing us to the museum and giving us some background information about the

building and island. We then visited the different galleries, which were the cultural history

gallery, the legends of scuba diving gallery, the shaped by the sea gallery and about one more.

After, we walked to the helicopter tours on the waterfront. This was a very thrilling and

amazing experience that I would like to take a loved one on some day. We attended the CIIPA

presentation at the school on November 22nd, 2017. During this presentation went over the basics

of CIIPA, who they are and what they offer. CIIPA is the Cayman Islands Institute of

Professional Accountants. They were first formed in 1970 as a small group Today, they have

more than 1,000 active members and are one of the largest professional societies in the Cayman
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Islands. In 2013, CIIPA became an official member of International Federation of Accountants, a

worldwide federation representing the accounting profession. The Society officially became an

Institute in April 2016 during an Extraordinary General Meeting. The change to Cayman Islands

Institute of Professional Accountants reflects the regulatory and educational roles the

organisation plays in furthering the accounting profession and protecting the reputation of the

jurisdiction (CIIPAs Story, 2017).

The second presentation for CIMA gave us some background information about them,

went over all the basics of the company, explained what they do, how they are structured, and

few other things. Ms. Prabhavathi Namburi joined CIMA in 2014 as the Chief Policy and

development officer in the policy and development division. She has a bachelors degree in

commerce, a masters degree in human resources, a bachelors of Law, and pursued the

Professional Practice course at the Cayman Islands Law School. Ms. Namburi is responsible for

conducting research on international regulatory developments relating to financial services, and

developing proposals for regulatory instruments for CIMAs supervisory divisions (The

Navigator, 2014). Public policy is a plan of action undertaken by government officials to

achieve some broad purpose affecting a substantial segment of a nations citizens (Lawrence &

Weber, 2017, p. 137). Ms. Judiann Myles is the Deputy head of the Policy and Development

division. She started working with CIMA in 1999 in the investments and securities division, and

has moved up since. Ms. Myles is an ICCI alumni. She achieved her bachelors in Business

Administration with a concentration in International Finance, and her Masters in Business

Administration. She is also a certified anti-money laundering specialist (CAMS) and is an

Associate Member of the Association of Certified Fraud Examiners (CIMA, 2017).

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References

About the Building (2017). In Cayman Islands National Museum. Retrieved from

https://www.museum.ky/museum-building

CIIPA's Story (2017). In CIIPA. Retrieved from https://www.cispa.ky/About

CIMA. (2014). CIMA Appoints Two Chiefs in Policy and Development. In The Navigator .

Retrieved from http://www.cima.ky/upimages/publicationdoc/TheNavigator-

July_1499178926.pdf

CIMA. (2017). Management Team. In CIMA. Retrieved from http://www.cima.ky/mrs-judiann-

myles

Lawrence, A. T., & Weber, J. (2017). Business and Society: Stakeholders, Ethics, Public Policy

(15th ed.).