Devena Reid Appointed as Chief Financial Officer at CIU

About Devena Reid

Devena Reid, a seasoned financial professional with over two decades of experience, has been named Chief Financial Officer (CFO) at the St. Kitts and Nevis Citizenship by Investment Unit (CIU). Reid brings a wealth of expertise in financial management, strategic planning, and operational excellence to her new role.

Career Highlights

Before joining the CIU, Reid served as the Chief Executive Officer of Carambola Beach Club and Opus Fine Wines and Spirits, where she oversaw the organization’s strategic direction, implemented transformative changes, and monitored company performance. Prior to her role as CEO, she held the position of CFO at Carambola Beach Club for four years, where she managed financial activities, developed reports, and optimized internal controls.

Reid’s financial acumen was honed over an 11-year tenure as CFO at Beaumont Park Limited, where she played a pivotal role in enhancing financial processes and managing audits. She also gained international experience as a Strategic Business Unit Manager at Xerox in Jamaica, overseeing payroll and tax services for Fortune 500 companies.

Her early career includes roles as Assistant Financial Controller and Group Internal Auditor at SuperClubs Hotels & Resorts, where she focused on internal controls, audits, and financial reporting.

Education and Professional Affiliations

Reid holds a Master of Science in Accounting from Florida International University and a Bachelor of Science in Accounting from Barry University, where she was an active member of Delta Sigma Pi.

Role at CIU

As CFO of the CIU, Reid is expected to leverage her extensive experience to strengthen financial governance, ensure compliance, and contribute to the continued success of the Citizenship by Investment Programme—a critical driver of economic growth in St. Kitts and Nevis.

Conclusion

Reid’s appointment reflects the Federal Government’s commitment to excellence and innovation within the CIU, as it seeks to maintain its position as a leader in the global citizenship by investment industry.

FAQs

Q: What is Devena Reid’s role at CIU?
A: Devena Reid is the newly appointed Chief Financial Officer (CFO) at the St. Kitts and Nevis Citizenship by Investment Unit (CIU).

Q: What are Devena Reid’s qualifications?
A: Reid holds a Master of Science in Accounting from Florida International University and a Bachelor of Science in Accounting from Barry University.

Q: What is Devena Reid’s experience in the field?
A: Reid has over two decades of experience in finance and business, with a strong background in financial management, strategic planning, and operational excellence.

Q: What is the Citizenship by Investment Programme?
A: The Citizenship by Investment Programme is a critical driver of economic growth in St. Kitts and Nevis, offering individuals and families the opportunity to obtain citizenship in exchange for a significant investment in the country.