George
Town, Grand Cayman; 14 June 2019

Chamber
Pension Plan’s board of trustees welcomes FLOW Finance Director
Giosino Colaicovo, who was appointed earlier this month following the
term fulfillment of previous trustee, Derek Jones.

Mr
Colaicovo is one of two trustees appointed by the Chamber of Commerce
under the terms of the Trust Deed. The board is made up of nine
trustees who serve on a voluntary basis for three years. All are
senior level executives and professionals from the business
community.

“This
is an exciting venture,” said Mr Colaiacovo. “I look forward to
working alongside my fellow trustees to provide members of Chamber
Pension with the best possible value and performance.”

Mr
Colaiacovo moved from Canada to Grand Cayman in 2006 and currently
manages FLOW’s financial functions.

“Mr
Colaiacovo brings over 20 years of expertise in providing strategic
commercial and operational support,” said Board of Trustees
Chairperson, Paul Schreiner. “His background in accounting and
finance will be greatly beneficial in delivering on the board’s
strategic operational objectives.”

Mr
Schreiner continued: “I would like to also thank Derek Jones for
his own service to the board these past three years. We wish him a
fond farewell and are grateful for the commitment and expertise he
provided to the board and its members.”

ENDS

PHOTO CAPTION : Chamber Pension Plan’s new Trustee, Giosino Colaiacova

#
# #

ENDS

The Chamber Pension Plan was
established in 1992 prior to the Cayman Islands Government
implementing the National Pensions Law. The Plan is a non-profit
pension plan, committed to providing independent governance,
transparent operations and competitive, conservative risk-adjusted
returns.