CIBC FirstCaribbean appoints new private wealth investment advisor

Paul Michael Jenkins. (Photo courtesy of CIBCFirstCaribbean)

CIBC FirstCaribbean has appointed Paul Michael Jenkins to the post of Private Wealth Investment Advisor, according to a recent release.

Jenkins will work with CIBC FirstCaribbean clients in The Cayman Islands, Barbados and the Eastern Caribbean, to provide international investment advice, the bank said.

According to the release, Jenkins boasts an extensive portfolio in the areas of Private Wealth Management, having worked with institutional and private clients in Canada and the Caribbean for over 15 years, most recently with Scotiabank & Trust in The Cayman Islands.

He holds an honours Bachelor’s degree from The University of Western Ontario (Western University), and an MBA specialising in Finance from Alliance Manchester Business School in the United Kingdom.

He has spoken internationally at several conferences and written numerous articles on the discipline of wealth management.

Jenkins said he was eager to provide clients with access to a new Investment Advisory Platform, which uses state-of-the-art financial asset management tools provided by BNY Mellon’s Pershing.

The management platform “delivers direct access to investment accounts from any Wi-Fi location globally, providing clients with real time portfolio positions and valuations,” according to the release.

“This is a game changer in our development of our clients’ portfolios,” Jenkins said.

“As a relationship-oriented bank, it’s our job to know our clients’ accounts inside-out and provide them with the products and services tailored to maximize their wealth potential.”

Glenn Abell, director of private wealth management, welcomed Jenkins to CIBC FirstCaribbean. He said, “We are pleased to have someone of Paul’s calibre join our private wealth management team. His knowledge will add new and increased depth to our relationship management team.”

Jenkins’ appointment took effect from February 21 this year, according to the bank.