How financial analyst Albert Voaden gives back to the island he now calls home

Albert Voaden did not intend to stay in the Cayman Islands for more than 10 years. However, after a while, the Canadian financial analyst decided to make the most of his foothold in Heaven. Over the next 18 years, Voaden made a name for himself as a financial analyst. With nearly a decade of experience under his belt in real estate, banking and government agencies, Voaden has been able to develop successful approaches that have led to key decisions in financial strategy, acquisitions and divestments.

And now he’s helping give back to the community he calls home.

His career in the Caymans

After working as a financial analyst at DART Enterprises and CIBC Cayman Bank, Albert Voaden took on a new role at the Cayman Islands Center for Business Development in 2021. With a mission to contribute to economic prosperity by boosting small businesses, the center has played a crucial role during the pandemic. To enable these small businesses to survive and thrive in their local communities, the center offers advice and training, as well as a variety of expert-led workshops to provide support and advice.

In his role as a financial analyst, Albert Voaden has been instrumental in helping businesses that have been affected during a period of border closures. Its role is to assess the plans of local businesses to adapt to new economic prospects and to help determine the ultimate viability of their strategic proposals.

During the pandemic, the Center for Business Development also launched a new initiative to help revive the tourism industry in preparation for the border reopening. In an effort to keep businesses afloat, they created a grant program to help support boat charters and tourist bus operators. Through his role within the center, Albert Voaden has ensured access to much-needed financing for business owners in these industries. In addition, during the year he also took on the role of mentor and guide for some businesses, assisting in the formation of small businesses and providing tools to build business resilience.

One of the small businesses that Voaden has been able to have a particular impact on is Peacemaker Charters.

Albert Voaden and Peacemaker Charters

Based at Seven Mile Beach in Grand Cayman, Peacemaker Charters has operated a beloved deep sea fishing guide and water sports charter service for over 27 years. However, when the pandemic struck, tourism quickly dried up on the Big Island. Peacemaker Charters was one of many companies that turned to the Center for Business Development and Albert Voaden for help.

Voaden’s major projects with the Center worked directly with businesses to help provide advice on innovations and financial support for those facing challenges. Although he has worked with many local businesses over the past year, he has been particularly struck by the dedication and passion that Peacemaker owner Randy Parchment has shown for his business and his livelihood. Voaden felt the need to go above and beyond for Parchment and made a generous donation of $ 3,600 to help complete the funding needed for Peacemaker to reopen his business.

On why he decided to invest his own money in Peacemaker Charters, Voaden explained, “Randy has a long family history of chartering boats in the Cayman Islands. I was happy to help complete the funding to prepare this business for return tourism to the Caymans ”.

Albert hopes to continue helping small businesses like Peacemaker Charters into the New Year. This gave him great satisfaction from help small businesses find their place in the midst of a difficult start to 2021.

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