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Press Release From Independent Source

Scotiabank Signs on to ‘BVI Business Outlook’ 2014

Sponsors Leading Business Leaders Conference for 2nd year
Jason Waters, Managing Director of Scotiabank BVI. Photo: Provided
Scotiabank has announced its sponsorship of the 2014 BVI Business Outlook Conference to be held on January 15, 2014 on Scrub Island. The event which is the island’s ‘A-rated’ business conference attracts the top economists, local and international business leaders as well as several high ranking government officials.

Scotiabank signaled its endorsement of the staging of the event for the second year in a row indicating that it was very pleased to support this significant conference as its pulls corporate and government leaders together to discuss important economic issues on our national agenda and the way forward.

The event is centered around the theme “Taking our Game to the Next Level.” The participating government and private sector leaders will be discussing several crucial matters affecting the island and the region. Topics are expected to include smarter governance,  moving the country’s economy beyond the tourism and financial sectors as well as identifying and maximizing wealth and investment opportunities.  

The leaders will also be addressing the issues of education and training of students effectively for the real working world. Speakers include The Hon. Dr. D. Orlando Smith,  Premier of the British Virgin Islands, Craig Cannoier, Premier of Bermuda, Hon Fabian Picardo, Chief Minister of Gibraltar and several other private sector leaders. 

Speaking further about the Bank’s sponsorship, Jason Waters Managing Director of Scotiabank BVI said “As a major player in the financial sector and an active business leader we think that it is integral for us to assist in supporting the presentation of this conference which will facilitate discussions around rethinking governance of our island and identifying opportunities for economic and social growth. As a Bank we think we can play our part in determining how we can return our economy to a robust position. 

We will be associating our wealth management services with the event as the target audience would be a perfect fit for these products and the leaders will also be delving into new wealth and investment opportunities on island. These are two new products which promise excellent investment opportunities and can bring significant income to both corporate entities and individuals looking for growth, which will in fact help to stimulate confidence in the economy.” 

Scotiabank’s launch of mutual funds and precious metals products are the Bank’s newest products which offer global investment opportunities to grow and protect wealth. Scotiabank is the first bank to sell its own mutual funds locally in BVI. Scotiabank is offering five core Scotiabank Mutual Funds in three asset classes that focus on securities from markets across the world. Investors  are able to  purchase Scotiabank Money Market Fund, Scotiabank US Dollar Bond Fund, Scotiabank US Growth Fund, Scotiabank Global Growth Fund and Scotiabank Canadian Growth Fund.

Speaking about Scotiabank’s sponsorship of the event, Russell Harrigan, organiser of the BVI Business Outlook Conference said that it is “indeed a pleasure to have Scotiabank on board once again as this is a great partnership - especially as the team discusses the importance of having increased wealth and investment opportunities.” He added that having the Bank’s support as a strong player on the local landscape not only speaks to the quality of the event, but also add further depth to the experience for everyone. 

The BVI Business Outlook Conference which has been running now for four years has been a huge success with over 150 business owners and top executives in attendance.

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