Welcome to the IIA Cayman Islands Chapter!

Welcome to the IIA Cayman Island Chapter

The Cayman Island Chapter of the Institute of Internal Auditors (IIA) was founded in August 2010 and formally recognized by the IIA in April 2011.  The Chapter signed a compact agreement with the Institute in 2013 to formalize the role of the Chapter.  The Chapter now has 67 members, serving in the public sector, utilities, professional firms, and commercial organizations.

The current leadership team was voted into place in May 2025 and aims to build on the work of previous teams and to cooperate with other chapters in the Caribbean to leverage the skills, knowledge and experience that is available in this region.

Chapter Officers

The IIA in Cayman

The three Cayman Islands (Grand Cayman, Cayman Brac and Little Cayman) form a self-governing British Overseas Territory in the western Caribbean Sea.

The 264 km3 (102 square mile) territory is located to the south of Cuba and northeast of Honduras, between Jamaica and Mexico’s Yucatán Peninsula.  The capital city is George Town, Grand Cayman, the most populous of the three islands.  Current population of the territory totals approximately 65 000 inhabitants.

The tourist industry is aimed at the luxury market and caters mainly to visitors from North America.  Total tourist arrivals exceed 2 million annually (pre-pandemic), with more than three-quarters from the US.

The economy of the Cayman Islands is based mainly on the tourism and financial services sectors, together representing 50–60 % of the territory's gross domestic product.  With no direct taxation, the islands are a thriving offshore financial centre.  More than 65,000 companies were registered in the Cayman Islands as of 2017, including more than 280 banks, 700 insurers and 10,500 mutual funds.  A stock exchange was opened in 1997.  Nearly 90% of the islands' food and consumer goods are imported.

Dear Members,

This year marks a truly remarkable milestone – 15 years of the Internal Audit profession in the Cayman Islands. Together, we have grown from a small network of dedicated professionals into a vibrant community that champions integrity, accountability, and excellence in governance.

Over the past decade and a half, our profession has evolved, adapted, and thrived in the face of change. We have built trust with stakeholders, strengthened organizations, and contributed to the resilience and transparency of our islands’ economy. Each of you – through your expertise, commitment, and passion – has been part of this success story.

As we celebrate this anniversary, let’s not only look back with pride, but forward with excitement. The future holds new opportunities for innovation, collaboration, and leadership within our profession. Together, we will continue to raise the standard, inspire the next generation of auditors, and keep making a difference for the Cayman Islands and beyond.

Here’s to 15 years of achievement – and to the many more chapters of success we will write together.

With gratitude and congratulations,

Nathan

In November the Cayman Islands Chapter was proud to host the IIA Caribbean forum – the first event of this nature – elevating the profile of the Caribbean region! The event was fully supported by the North America Board of the IIA including our President and CEO of the Institute of Internal Auditors – Anthony Pugliese.

This was more than a forum– it was our chance to showcase the strength, talent, and professionalism of the Cayman Islands and the wider Caribbean, and to:

• Learn from world-class speakers and thought leaders.

• Network with peers from across the region and beyond.
• Engage with the North American Board members of the IIA.
• Elevate the profile of our Caribbean internal audit community on the global stage.

Everyone who attended sent a powerful message - Cayman Islands and our region is vibrant, capable, and ready to lead.

We came together, learned together, and celebrated together – and made forum one to remember!

The Cayman Chapter also appreciated the support provided by Governor Jane Own who hosted the IIA Board and representatives from the professional bodies and firms based in Grand Cayman.

We also took the opportunity to host an advocacy event support by the IIA Board, the Cayman Islands Monetary Authority (CIMA); representatives from other professional groups on island and CI Government representatives.

Special thanks to all who attended, especially EY who hosted the advocacy event.