(George Town, Cayman Islands) RF Bank & Trust (Cayman) Ltd. is pleased to announce the appointment of Richard Maparura, CFA, CA, as Chief Executive Officer, subject to approval by the Cayman Islands Monetary Authority (CIMA). With over 15 years of global financial services experience, Richard most recently served as a Senior Portfolio Manager at Butterfield Group, where he led multi-asset investment strategies for institutional and ultra-high-net-worth clients.
Richard holds the Chartered Financial Analyst (CFA) designation and is a Chartered Accountant, with a background that spans asset management, trading, and auditing. His extensive international experience in banking and audit, combined with deep exposure to global financial markets, reflects RF’s commitment to strong, well-rounded leadership as the firm continues to expand its footprint and capabilities.
In addition to his new role as CEO, Richard will also serve as Group Head of International Asset Management and Banking. In this capacity, he will lead the development and expansion of the RF Group’s international asset management and retail banking services, with a focus on enhancing foreign exchange offerings and other financial solutions tailored to meet the evolving needs of clients.
“We are thrilled to welcome Richard to the RF leadership team,” said Michael Anderson, President & CEO of the RF Group. “His proven expertise in investment management, strategic thinking, and commitment to innovation make him well-positioned to lead our Cayman operations into the next phase of growth.”
This transition also marks the retirement of Brett Hill, who has served RF Bank & Trust (Cayman) Ltd. as CEO with unwavering dedication. Brett also played a pivotal role as acting CFO, guiding the firm through challenging circumstances and ensuring seamless operational continuity during a period of significant change.
“We are deeply grateful to Brett for his leadership, particularly during periods of uncertainty,” added Anderson. “His strategic insight has played a key role in shaping the growth and development of our business model in Cayman. We’re pleased that he will continue to support the RF Group, both as a Director and in his new role as Executive Financial Advisor.”
RF Bank & Trust (Cayman) Limited is authorised to conduct Securities Investment Business by the Cayman Islands Monetary Authority (CIMA), license number 1609101. RF Bank & Trust (Cayman) Limited is also registered as a Broker Member of the Cayman Islands Stock Exchange.
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About RF
Since its inception in 1997, RF has been committed to helping our clients create and manage wealth. We are your regional private bank connecting with the best in local and international investments. Collectively, we have helped clients raise in excess of USD $2.2 Billion in capital, have $1.4 Billion under management and 2 Billion+ assets under administration. Offering a wide range of investment products and services, our financial solutions are designed to help individuals and corporate clients meet and achieve their investment goals. These include Mutual Funds, Investment Management. Investment Banking, Group & Personal Pension Plans, Personal Retirement Accounts, Stock Brokerage, Trust & Estate Planning, and Educational Investment Accounts.
For more information, please visit http://www.www.rfgroup.com and follow us on Facebook @rfbanktrust
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