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Mary-Lou Gallegos, head of insurance at the
Cayman Islands Monetary Authority, is to retire in January
2007 after 32 years in the Cayman public sector.
The role of overseeing the growing captive
sector in the domicile will be handed to her successor Morag
Nicol, currently deputy head of insurance at the regulator.
Cayman was the second largest captive
domicile with a total 737 captives at 30 June 2006. |