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Dax Basdeo

Chief Officer, Ministry of Financial Services and Commerce

Dr Dax Basdeo oversees the strategy, operations, and administration of the Cayman Islands Ministry of Financial Services and Commerce. 

Entities under his leadership include the Department of Financial Services Policy and Legislation; the Department of International Tax Cooperation; General Registry; Her Majesty’s Prison Service; Her Majesty’s Fire Service; the Department of Community Rehabilitation; the Department of Public Safety Communication (911); and Hazard Management Cayman Islands. 

The Ministry also has responsibility for the jurisdiction’s financial services regulator, the Cayman Islands Monetary Authority, as well as the Auditors Oversight Authority; the Cayman Islands Stock Exchange; and the Maritime Authority of the Cayman Islands.  

Dr Basdeo’s background is in economics, finance, statistics and strategic management. He holds degrees from the Wharton School at the University of Pennsylvania, the University of Manchester and the University of Maryland.