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It is our aim to provide the best-performing, most trusted pension plan for employees and businesses in the Cayman Islands in an efficient and cost effective manner.

Our vision is to be the recognised leader for the provision of pension plans in the Cayman Islands. We will achieve this by focusing on providing maximum risk-adjusted returns for our members through prudent and shrewd investing, tailored to the individual’s specific needs and goals, while also excelling in customer service because we always put our members first.


The Chamber Pension Plan is driven by individuals whose core values include integrity, prudence and creating peace of mind for members.

How it all started

Our story started in 1992 when the Chamber of Commerce spotted the need for an affordable pension plan that was run for the benefit of the Cayman Islands' community, rather than for profit. Today the Chamber Pension Plan is the most cost-effectively run plan in the Cayman Islands when all relevant expenses are taken into account.

As a not-for-profit entity, we do not charge the management fees or account-level charges that many of our competitors impose on their members. Our cost base is very low, which benefits each and every member, as more of your dollars are invested in your future.

The Plan is a defined contribution pension plan and is registered under the National Pensions Law. It is available to all Caymanians and residents who either work for an employer participating in the Chamber Pension Plan or are self-employed.

Today the Chamber Pension Plan is one of the largest multi-employer pension plans on the island with over 18,000 members and over 1,600 employers participating. The local financial industry has shown its confidence in the Plan, with banks, law, accounting, and investment companies among our member firms.

Accountability and Transparency
Board Members.
Our Structure
Volunteering as a trustee
Cayman Islands Chamber of Commerce

The Plan is controlled by its members through an elected board of trustees who are all senior-level executives and professionals from the Cayman Islands' business community. These volunteer trustees, all fellow members, constantly monitor the performance of the investment managers, fund administrators and partners. Click here for more information about our Trustees.

The Plan’s investment portfolio is managed by professional international money managers, as described under the Investment Managers section.

Low administrative costs, efficient management and sound investment policies are combined so our members can rest easy, knowing that their money will be working hard for them until they retire. Click here for more information about the Plan structure.

Ever consider being a trustee of the Chamber Pension Plan?

Your time and expertise could be a valuable asset management of the Plan. Download the form here.

Sponsored by the Cayman Islands Chamber of Commerce, the Chamber Pension Plan was created with only the best interests of workers in the Cayman Islands at heart. It is a plan designed for and managed by the community which means it meets our local needs better than any foreign plan ever could.

The Chamber of Commerce, as the sponsor to the Chamber Pension Plan, participates in the management of the plan by appointing two Trustees to the Board.


Visit caymanchamber.ky for further information about the Cayman Islands Chamber of Commerce.   

Board of Trustees

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Giosino Colaiacovo | Chamber of Commerce Representative to the Board, Chairperson

Giosino Colaiacovo is the Finance Director at Cable & Wireless Ltd. (FLOW). He manages the overall finance function, provides strategic commercial and operational support. Mr. Colaiacovo has acquired over twenty years of accounting and finance experience within the Telecommunications, Pharmaceutical / Retail and Manufacturing industries. His practice also includes acquisition & mergers, initial public offer (IPO) and specifically orchestrating commercial / financial alignment to deliver on strategic operational objectives. Background Gio originally from Toronto, Canada moved to Grand Cayman in 2006 Professional Activities

  • Certified Public Accountant
  • Certified General Accountant

Mario Ebanks | Chamber of Commerce Representative to the Board, Chair-Elect

Appointed in February 2012 as the Director of the Department Labour & Pensions in the Cayman Islands Government, he served in that capacity until August 2015, including Acting as the Superintendent of Pensions from December 2012. Mr. Ebanks previously served for 10 years as the Senior Consultant and Project Leader with Premier Solutions Group, and prior to that as the Senior Manager for Human Resources and Human Capital Consulting for Deloitte & Touche. He served previously in the Cayman Islands Government, in the Ministry of Community Development which was then responsible for Labour & Pensions, from 1994 to December 1997. In July 2015 he became the Chief Human Resources Officer of the Cayman Islands Airports Authority (CIAA). Background Mr. Ebanks originally from Cuba moved to the Cayman Islands at a young age. Memberships He is also a member of the American Management Association, the Society for Human Resource Management, the Employment Management Association, and the Global HR Forum. Locally he is a Past President of the Cayman Islands Society for Human Resource Professionals, and has been actively monitoring, advocating, and commenting on relevant Human Resource regulations and practices. He served as the Deputy Chairman of the Immigration Business Staffing Plan Board, and formally the Deputy Chairman of the Cayman Turtle Farm Board. He was also a Member of the Labour Appeals Tribunal, and the Investors in People Council. As a Rotarian since 1992, he served as President of the Rotary Club of Grand Cayman Central in 1998-99, he is a Paul Harris Fellow, and served as District Director for Vocational Service during the term of Past District Governor RC (Bobby) Bodden. Mr. Ebanks and his wife Lovenia have attended 7 Rotary International Conventions, ranging from Singapore in the East to Buenos Aires Argentina in the South. He has a wealth of exposure to corporate governance, having served as President of a number of organizations, including: The Overseas Students Association, the Rotary Club of Grand Cayman Central, Junior Achievement, and the C.I. Society for Human Resource Professionals. In addition to the above mentioned statutory bodies, previously he also served as a Member of the Education Council, a member of the Community College Board of Governors, and a Trustee of the International College of the Cayman Islands. Education A 1986 graduate of the School of Business Administration of the University of Miami, Mr. Ebanks holds a BBA degree in International Finance & Marketing, with a minor in Economics, where he was a Bank America scholar. He also attained a Master’s in Business Administration (MBA) from the University of Tennessee, Executive Master’s programme in 2002, where he was a Deloitte scholar. He is also a graduate of the University of North Carolina (Chapel Hill) and SHRM “Business of Human Resources” executive certification series, as well as a participant in the Disney’s Human Resource Management certificate programme. Mr. Ebanks also holds a Certificate in Global Remuneration Administration from the World @ Work Professional Society, and has also participated in the Ivy Leadership Programme, through the University of Western Ontario.

Blair Miller | Financial & Professional

Blair Miller has been working in the investment funds industry for over 20 years. He is a Manager at SGGG Fund Services (Cayman) Inc. (“SGGG”). SGGG provides administration services to the investment funds industry and has a Mutual Fund Administrator’s License issued by the Cayman Islands Monetary Authority. Background Prior to joining SGGG, Mr. Miller worked as an Associate Director and Manager for companies that provided fiduciary services to the offshore investment funds industry with a focus on investment managers. He has served as a director of hedge funds, private equity funds and investment management companies. His prior experience includes serving as an account manager, a fund accountant, and trader. Professional Activities He qualified as a Chartered Alternative Investment Analyst in 2006 and a Chartered Investment Manager in Canada in 2001. He is a member of the Chartered Alternative Investment Analyst Association and the Cayman Islands Directors Association. Education Mr. Miller has a Bachelor of Business Administration Degree from Western University in London, Canada.

Paul McGeough | Hospitality & Tourism

Paul McGeough is the Sales Manager/Procurement Manager at Elite Marble & Granite. He has over twenty years experience in sales management, procurement and negotiations. Background Prior to joining Elite in 2015, Paul was the Procurement Manager for over five years with Green Thumb Building Materials. Education

  • St. Aidan's Secondary School, Dublin Ireland
  • Irish Institute of Purchasing and Materials Management

Bradley Kruger | Hospitality & Tourism

Bradley Kruger is the lead partner of Ogier's Corporate team in the Cayman Islands. He advises on IPOs, SPACs, M&A transactions and joint ventures, as well as investment fund formation, regulation, governance, restructuring and terminations. He is part of Ogier's multi-disciplinary Private Equity team, specialising in acquisitions and disposals made by private equity funds, including the structuring of vehicles for these purposes, and the exit of investments through IPOs. Brad is also a member of the firm's Digital, Blockchain and Fintech group, working with blockchain companies, token issuers, technology companies and cryptocurrency fund managers on a regular basis. Brad is a leading advisor in the offshore space and has been consistently recognised by IFLR1000, Chambers Global and Legal 500 for several years running. Background Prior to joining Ogier in 2006, Brad practiced at Fraser Milner Casgrain in Ontario (2002-2006) and Shearman & Sterling in California (2001). Memberships Brad is a member of the Cayman Islands Legal Practitioners Association, the Law Society of Ontario and the State Bar of California. He is also a member of the Prospectors & Developers Association of Canada and serves as a trustee of the Cayman Islands Chamber of Commerce Pension Plan. Education Brad received his Bachelor of Environmental Studies from York University, Ontario, in 1995, Master of Business Administration from Schulich School of Business, Ontario, in 1999 and Bachelor of Laws from Osgoode Hall Law School, Ontario, in 1999.

William Shaw | Industry & Commerce

William provides fiduciary services to a wide range of investment funds including hedge funds, multi-manager funds, private equity funds, unit trusts and segregated portfolio companies, primarily focusing on serving as a director to private equity funds for clients in North America and Asia. William takes a commercial, value-add approach to fund governance and is highly responsive to the funds that he serves. Background William previously worked for Veronis Suhler Stevenson, a middle-market private equity firm in New York, where as the Controller he focused on the day to day operations of several investment vehicles. Prior to that William was an Audit Senior Manager with Ernst & Young. William began his career with Coopers & Lybrand in Boston in 1997. Professional Activities

  • Certified Public Accountant
  • Member of the American Institute of Certified Public Accountants
  • Member of the New York State Society of Certified Public Accountants
  • Member of the Cayman Islands Institute of Professional Accountants
  • Member of the Cayman Islands Directors Association
  • Member of the Alternative Investment Management Association
Education Northeastern University, Boston, Massachusetts - Bachelor of Science, Accounting and Finance, 1997 (Magna Cum Laude)

Grant Hiley | Industry & Commerce

Grant is a Director in Financial Advisory with Deloitte in the Cayman Islands. He specializes in court appointed and voluntary liquidations, the wind down of Cayman Islands domiciled alternative investment funds, and restructuring engagements. Background Grant has over twelve years' experience in public accounting, ten of which have been based in the Cayman Islands. Grant has served as a trustee to the Chamber Pension Plan since May 2017. Professional Activities

  • Certified Public Accountant
  • Certified Insolvency and Restructuring Advisor
  • Certified Fraud Examiner
  • Cayman Islands Qualified Insolvency Practitioner
  • Trustee of the Chamber Pension Plan
Educational Background Grant has a Bachelor of Business Administration (major in accounting) and a Master of Accountancy from Texas State University.

Cinthya Zerpa | Financial & Professional

Cinthya Zerpa is the Deputy Manager for VBT Bank & Trust, LTD in the Cayman Islands. As Deputy Manager she provides calculation of NAVs, preparation of financial reports and the execution of mutual fund accounting. Background Cinthya, originally from Venezuela, has over 10 years in the banking and finance industry and provides a wealth of knowledge in her field. Professional Activities

  • Florida International Bankers Association (FIBA): Anti Money Laundering Associate (AMLCA)
  • IAS: International Accounting Standards
  • ENIAC: Advanced Techniques for the Effective use of MS Excel
  • IDEPROCOP: Program of Financial Information Standards
  • Masters in Corporate Tax (2009-2012)
  • Advanced Studies in International Tax (2010-2012)
  • Advanced Studies in Corporate Management (2009-2010)
  • Degree in Accounting (2001-2007)

Alessandro Sax | Voluntary & Self-Employed

Alessandro has a passion for investment research and brings many strengths to the partnership, including a deep knowledge and experience in portfolio management, wealth and retirement planning. Background Prior to joining NCB Capital Markets Cayman, Alessandro spent over ten years in multiple roles with institutional asset management firms RBC Dominion Securities Global, Beutel Goodman Company and Guardian Capital LP. During his tenure, he had a variety of roles including Director of Investment Services and Associate. His responsibilities included market research, trading and portfolio management. Professional Activities Chartered Financial Analyst Member of the Cayman Islands CFA Society Education Alessandro graduated with a Bachelor of Administrative and Commercial Studies (Finance & Business Administration) from the University of Western Ontario.