- February 26, 2024
- General
PHOTO CAPTION (L-R): Panel discussion on reskilling staff featuring Dr. Robertson, UCCI; Glenda McTaggart, DART; Chris Bailey, PwC and Shervanna Deleveaux, RF Bank & Trust.
(Grand Cayman, Cayman Islands) RF Bank & Trust, a leading investment bank, hosted the RF HR Leadership Forum on February 20th, 2024, at the Marriott Cayman. The event brought together decision-makers and professionals in Human Resources under the theme 'Thriving Through Innovation', providing a platform for insightful discussions and growth opportunities aimed at positioning clients and the wider public for success.
The forum, a highlight among the series of events led by RF Bank & Trust throughout the year, featured several panel discussions and a keynote presentation from local experts. Allan Shine, Head of Financial Advisory Services at RF Bank & Trust (Cayman) Limited, delivered an insightful presentation on the financial landscape for Cayman-based employees, emphasizing the critical need for comprehensive financial planning, especially amid economic challenges.
Highlighting the power dynamic in recruitment and compensation negotiations, Haley Quirk and Hannah Sharvin of Expertise Group conveyed to the audience that employees wield significant influence. Research indicates that matching compensation offers for employees that are resigning results in only an average retention period of six months before employees seek better opportunities elsewhere again. To avoid this, they urged employers to adopt a proactive stance in providing competitive compensation packages to existing team members, rather than reacting to market pressures.
Closing out the half day event, Dr. Robertson, President of The University College of the Cayman Islands, moderated a panel on 'Upskilling the Workforce', addressing the pressing issue of skill gaps observed on both national and regional levels. The panel featured Shervanna Deleveaux, AVP of Human Resources at RF Bank & Trust; Chris Bailey, Director at PwC; and Glenda McTaggart, Senior Manager of Education Programmes at Dart. Dr. Robertson advocated for a concerted focus on youth education while panelists shared ideas and solutions for internal training programs.
The RF HR Leadership Forum served as a pivotal platform for industry leaders to exchange insights, strategies, and best practices, driving forward the collective pursuit of innovation and excellence in Human Resources management.
"We are thrilled to have facilitated such enriching discussions and collaborations at the RF HR Leadership Forum," remarked Brett Hill, CEO of RF Bank & Trust (Cayman) Limited. "In an ever-evolving landscape, it's imperative that we come together to address the challenges and opportunities facing our workforce. We remain committed to fostering an environment conducive to growth and success for all."
For more information about RF Bank & Trust and upcoming events, please visit www.rfgroup.com.
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About RF Bank & Trust
Since its inception in 1997, RF has been committed to helping clients create and manage wealth. We are your regional private bank connecting with the best in local and international investments. With offices in Cayman, The Bahamas and Barbados, we have collectively 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.rfgroup.com and follow us on Facebook @rfbanktrust
MEDIA CONTACT
Rachael Allahar
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RF Bank & Trust
603-6000
Rachael.allahar@rfgroup.com