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Pinder Moves One Year After ‘Amazing’ Deal

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Ryan Pinder

One year after receiving a “mind blowing” offer he was unable to turn down, former financial services minister Ryan Pinder yesterday confirmed his career is on the move again - this time to the Graham, Thompson & Co law firm as partner.

Mr Pinder said his new post, which he will take up on January 1, 2016, is “another great opportunity” that had “presented itself” to him, almost a year after he left the Christie Cabinet to join Deltec Bank & Trust.

Both sides yesterday presented Mr Pinder’s departure for Graham, Thompson & Co as amicable, with the former minister set to act as an external advisor to Deltec upon stepping down from his post as chief legal officer and head of wealth management.

“I’m starting with Graham, Thompson as a partner on January 1, working in my areas of professional expertise,” Mr Pinder told Tribune Business yesterday.

“It’s another great opportunity, and certainly with a firm like Graham, Thompson with the history, respect internationally and calibre of law firm, it’s tremendous.”

Mr Pinder said he would be practicing in the same areas where he had spent 15 years before being appointed financial services minister in 2012 - commercial law, financial services law and transaction structuring.

“A person’s profession is an evolution, and any professional takes advantage of opportunities that present themselves, especially this one,” he told Tribune Business. “Everyone likes to professionally evolve, and this opportunity presented itself.

“My relationship with my former employer continues to be good. I’ll be an external consultant for Deltec on key matters. It’s an amicable relationship, continues to be and should be for many years to come.”

Mr Pinder described Deltec as “a world-class financial institution, a world-class private bank” that was a market leader not only in the Bahamas, but the region and the world.

“I hold Deltec in the highest regard, respect their ability and their leadership, and look forward to working with them for many years to come,” he added.

Mr Pinder, who spent two years as financial services minister before stepping down in late 2014 to be replaced by Hope Strachan, is also one of the two Judicial Trustees overseeing the late Sir Jack Hayward’s family trust by Order of the Supreme Court,

“We have a great amount of respect for Ryan, and congratulate him on this fantastic opportunity at Graham Thompson. He is a valuable member of the Deltec team and we look forward to continuing our important collaboration with him,” said David Muñoz, Deltec;’s chief executive.

Mr Pinder added in a statement: “Deltec has grown prudently over the last year, and I am proud to have been a part of this stage of the company’s storied history.

“Deltec is undeniably a leader in the Bahamian financial services sector, delivering innovative thinking and quality of service in league with the largest multinational financial institutions around the world.”

Comments

Regardless 2 years, 10 months ago

Ryan "Sarah Palin" Pinder on the move again!

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banker 2 years, 10 months ago

This is interesting from a rational point of view. There are a few possible scenarios:

1) Deltec realised that they were hiring an empty suit without any influence over the current government

2) The state of offshore banks and the future of wealth management is not as rosy as one would suspect and there is no future in it.

3) It was a horrible fit with each side having different expectations, for example one would actually have to work instead of proffering opinions or the skillset didn't match the requirements of the job.

4) There is upcoming legal work needed by the government that would be more lucrative than "the mindblowing opportunity of a lifetime.

Ahhh .... pondering the world of possibilities that are unavailable to 99.999999% of Bahamians.

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GrassRoot 2 years, 10 months ago

maybe @Deltec they did not like him screaming.

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GrassRoot 2 years, 10 months ago

job hopping. Pinder seems to be everywhere but in the House of Parliament.

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Honestman 2 years, 10 months ago

Pinder's repitation was being tarnished by his remaining in Christie's cabinet. He just wanted out. I suspect the "offer of a lifetime" was just a smokescreen. What I don't understand is why he thought hooking up with the PLP was a good idea in the first place - isn't he supposed to be intelligent?

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observer2 2 years, 10 months ago

he gat 3 jobs and poor black bahamians ain gat none. plp fixin up da foreigners good good

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sheeprunner12 2 years, 10 months ago

.......... life is good for Flying Ryan ............. he sure making the most of his family roots ......... meanwhile death, drugs and dumbness remains the lot of most of the young (black) men in his constituency (named after the Queen)

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thomas 2 years, 10 months ago

Took on US citizenship when it was profitable then dumped it and hooked up with the PLP and dumped them for deltec and now he is on the move again...next

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sansoucireader 2 years, 10 months ago

No, took up Bahamian citizenship when he had a chance to be a candidate in an election. Before then wasn't he already living as an American in South Florida as his mother is an American? A lot of voters like him for that: he chose to give up his US citizenship to be an election candidate. Just another person searching for what he thinks is best for his situation, even if he looks like an opportunist job jumper.

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thomas 2 years, 10 months ago

I could be wrong but I thought he was born and raised here and claimed U S citizenship as his mother is one when he went off to school

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Well_mudda_take_sic 2 years, 10 months ago

The real loser here is Graham Thompson ..... the goodwill behind that name has been rapidly declining over the last two decades and is all but gone now!

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