BDO

BDO

We specialise in the auditing of offshore mutual funds and captive insurance companies. Our clientele also includes banks, hotels, and many other local enterprises. We also provide accounting services and financial advice to growing businesses.

BDO
P.O. Box 31118
2nd Floor – Building 3
Governors Square
23 Lime Tree Bay Avenue
Grand Cayman KY1 1205
Cayman Islands
+1 (345) 943-8800

Profile:

Exceptional client service lies at the heart of what we expect from every member of BDO. This exceptional service is achieved by listening to our clients and developing strong and personal relationships so that we truly understand our clients’ concerns.

BDO Cayman have experience working with clients in all aspects of the insurance industry. We currently have over 70 insurance clients and are continuing to grow that number each year.  The size of the captives we audit range from under $1 million to over $300 million in premiums and cover many different structures and types.

We are part of the world’s fifth largest accountancy firm meaning we also have access to a myriad of audit, actuarial, taxation, consulting and other insurance-related resources by virtue of our relationships with other BDO Member Firms in 138 other countries across the globe and strategic alliances with other non-BDO firms.

BDO Cayman is the largest of the mid-tier accounting firms in Cayman. Our teams are highly skilled and focused on what is important to achieve a successful outcome and our partner led approach means that you get relevant opinions, quick decisions and active leadership from our most experienced people. Our ambition is to be the best and as such, we are committed to providing higher service levels to our clients. Exceptional client service lies at the heart of what we expect from every member of BDO.


glen.jpgGlen Trenouth
Managing Partner
+1 (345) 815-4511
Email: gtrenouth@bdo.ky

Glen is the Managing Partner and International Liaison Partner for the BDO Cayman office. He has experience in audits and voluntary liquidations, he is also an experienced court appointed liquidator for Cayman regulated funds. His portfolio includes a variety of industries but predominantly investment funds. The  funds  cover  a  multitude  of  strategies,  structures,  jurisdictions  of  the  managers  and  other  service  providers  and  accounting  standards.He has a wealth of experience in United States and International accounting principles.

paul-resized.jpgPaul Arbo
Partner
+1 (345) 815-4520
Email: parbo@bdo.ky

Paul  has  14  years  of assurance,  tax  and consulting  experience in  Canada  and  the Cayman  Islands.  He has been with BDO in the Cayman Islands for 7 years, handling all of the insurance captive clients in the Firm’s portfolio during this time. Paul  has  obtained  the  ACI  (Associate  in Captive  Insurance)  designation  from  the International  Center  for  Captive  Insurance Education,  a  widely-regarded  certification within  the  industry.  He also oversees and signs off on a number of the Firm’s hedge fund audits, management and trust companies, and certain locally-based clients, covering a wide range of industries.

mg-resized.jpgMichael Garofalo
Director
+1 345 815 4515
Email: mgarofalo@bdo.ky

Michael Garofalo joined the  BDO  Cayman office  in  October 2008  and  has  over  11 years  of  experience  in audit.  He specialises in investment funds and insurance captives and has considerable experience in IFRS, US GAAP and Canadian GAAP. Michael  is  a  chartered  accountant  and  a CFA  charterholder  and  has  a  Bachelor  of Administrative  Studies  Honours  from  York University. He  is  a  member  of  the  Cayman  Islands Society  of  Professional  Accountants,  the Canadian Institute of Chartered Accountants and the CFA Society Cayman Islands.

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