George A. McCarthy
Encyclopedia
George McCarthy, OBE is the former Chief Secretary
of the Cayman Islands
. He served as Financial Secretary
for twelve years (from 1992-2004) prior to assuming the post of Chief Secretary in November 2004 until retirement in 2009. The post of Chief Secretary is the second-highest post in the Cayman Islands government and is subordinate only to the governor
. He served as the acting Governor of the Cayman Islands
from October to November, 2005.
His career as a civil servant started in the Internal Audit Department in 1974. He was promoted several times, moving on to become Deputy Financial Secretary in 1985. Mr. McCarthy qualified as a CPA in 1987 and then spent a few years on secondment to Ernst and Young.
McCarthy was appointed Chairman of the Cayman Islands Monetary Authority
in 2009.
Chief Secretary
The Chief Secretary is the title of a senior civil servant in members of the Commonwealth of Nations, and, historically, in the British Empire. Prior to the dissolution of the colonies, the Chief Secretary was the second most important official in a colony of the British Empire after the...
of the Cayman Islands
Cayman Islands
The Cayman Islands is a British Overseas Territory and overseas territory of the European Union located in the western Caribbean Sea. The territory comprises the three islands of Grand Cayman, Cayman Brac, and Little Cayman, located south of Cuba and northwest of Jamaica...
. He served as Financial Secretary
Financial secretary
Financial secretary is an administrative and executive government position within the governance of a State, corporation, private or public organization, small group or other body with financial assets....
for twelve years (from 1992-2004) prior to assuming the post of Chief Secretary in November 2004 until retirement in 2009. The post of Chief Secretary is the second-highest post in the Cayman Islands government and is subordinate only to the governor
Governor
A governor is a governing official, usually the executive of a non-sovereign level of government, ranking under the head of state...
. He served as the acting Governor of the Cayman Islands
Governor of the Cayman Islands
The Governor of the Cayman Islands is the representative of the British monarch in the United Kingdom's overseas territory of the Cayman Islands. The Governor is appointed by the monarch on the advice of the British government...
from October to November, 2005.
His career as a civil servant started in the Internal Audit Department in 1974. He was promoted several times, moving on to become Deputy Financial Secretary in 1985. Mr. McCarthy qualified as a CPA in 1987 and then spent a few years on secondment to Ernst and Young.
McCarthy was appointed Chairman of the Cayman Islands Monetary Authority
Cayman Islands Monetary Authority
The Cayman Islands Monetary Authority is the primary financial services regulator of the Cayman Islands and supervises its currency board....
in 2009.