Richard T. Maparura
Banking & Investments
George Town
Summary
A highly motivated and driven visionary leader with over 15 years of experience in the financial services industry, including senior roles in audit, accounting & finance, and capital markets. I bring the energy and determination to guide a company toward success, with a clear sense of purpose and a strong commitment to achieving organizational goals. My decision-making abilities enable me to tackle challenges head-on, inspire teams, and foster a positive, results-oriented culture. I combine strategic thinking with emotional intelligence to lead with clarity and understand the needs of my team. I navigate complex market dynamics and stay adaptable and focused. I continuous seek growth opportunities and strive for excellence in every aspect of the business.
Overview
18
18
years of professional experience
Work History
Senior Portfolio Manager
Butterfield Bank
12.2018 - Current
- Company Overview: (Cayman Islands)
- Managing a book of high-net-worth clients by understanding their financial needs, their risk tolerance, and investment time horizon and by creating an appropriate investment policy statement.
- Structuring, optimising and managing client portfolios by matching clients' investment mandates to the appropriate investment offering consistent with Group investment policy.
- Implementing asset allocation as decided by the Group Investment Committee.
- Constructing portfolios by selecting stocks, bonds, and/or third-party funds based on the Group's recommend lists.
- Creating and delivering proposals and presentations for clients or potential clients.
- Participating in and contributing to the Group's investment process by researching and providing coverage on MSCI sectors.
- Assisting in the department's strategy planning and development of local investment offering.
- Providing technical, analytical and administrative expertise to the department.
- (Cayman Islands)
Senior Trader
EFG Bank
06.2015 - 11.2018
- Company Overview: (Cayman Islands)
- Multi-asset class trader responsible for executing global market facing orders across a range of asset classes including traditional investments (equities and bonds), plain and exotic derivatives (equity and foreign currency), vanilla foreign currencies and structured products.
- Developing and maintaining strong relationships with external counterparties and vendors.
- Responsible for staffing the trading desk and administering treasury with over USD 4 billion AUM as Senior Trader.
- Interacting with Client Relationship Officers (CROs), executing trades on their behalf and advising on the various capital markets financial instruments, their measurement, relevance and applicability thereof.
- Contributing insight and literature affecting the US and Canadian markets for equities and bonds and the global markets for foreign currency trades and structured products.
- Managing the day-to-day treasury of the bank, hedging and bank exposure management.
- (Cayman Islands)
Senior Fund Accountant
EFG Investment Services
07.2012 - 05.2015
- Company Overview: (Cayman Islands)
- Country Head for Cayman Islands administration services responsible for the day-to-day management of the locally registered funds (over 8 entities).
- Computation of monthly Net Assets Value (NAV) and preparation of the monthly NAV packs for the Investment Manager approval.
- Preparation of the Annual Financial Statements for the Administration group for both Cayman Islands and USA based funds (over 25 entities).
- Liaison of the Fund Administration group for both Cayman Islands and the USA based funds with external auditors, handling the financial statements audits.
- The various Funds included among others, segregated portfolio funds, brokerage accounts funds, private equity funds and proprietary and product funds.
- (Cayman Islands)
Supervising Senior
KPMG
10.2007 - 06.2012
- Company Overview: Zimbabwe and Cayman Islands
- Audit team leader on various annual financial statements audits for Hedge Funds, Banking and Finance, Telecommunications and Airline services.
- Preparing audit deliverables including communications with senior management through various audit reports and in person conversation.
- Reviewing and recommending to senior management on internal control deficiencies and improvements thereon.
- Budgeting and billing of audit clients, budget control and audit fee liaison and or negotiator.
- Zimbabwe and Cayman Islands
Education
Chartered Financial Analyst - undefined
Institute of Chartered Financial Analyst
01.2016
Chartered Accountant - undefined
Institute of Chartered Accountants Zimbabwe
01.2011
Bachelor of Accounting Science Honours Degree - undefined
University of South Africa
01.2009
Advanced Certificate in Auditing - undefined
Accounting Professional Training
01.2009
Diploma in Banking - undefined
Institute of Bankers of Zimbabwe
01.2007
Bachelor of Commerce Honours Degree - undefined
National University of Science and Technology
01.2007
Skills
- Technical ability under IFRS
- Technical ability under US GAAP
- Auditing under ISA
- Auditing under US GAAS
- In-depth knowledge of Bloomberg
- Microsoft Office tools
- Banking applications
- Banking exposure in trading
- Treasury management
- Understanding of capital markets
- Investment analysis
- Asset valuations
- Staff management skills
- Project management skills
- Interaction with external service providers
- Quality assurance
- Attention to detail
- Organisation skills
- Self-review skills
- Thoughtful analysis
- Problem-solving capabilities
- Strategic management
- High quality reporting
- Communication with executive management
- Communication with external stakeholders
- Time sensitivity for key deliverables
Attributes
- Visionary Leadership: Ability to set a clear direction and inspire others to work towards a shared long-term goal.
- Strong Decision-Making: Able to make tough calls quickly and effectively, even under pressure, while considering both short-term and long-term impacts.
- Emotional Intelligence: A deep understanding of people, which helps in building strong relationships, motivating teams, and managing conflicts.
- Adaptability: Ability to pivot and respond to changing market conditions, technological advances, and other external factors.
- Integrity: A commitment to ethical behaviour and transparency, earning the trust and respect of employees, investors, and stakeholders.
- Communication Skills: Clear and effective communication, both internally with employees and externally with clients, investors, and the public.
- Financial Acumen: A strong understanding of financial operations, ensuring the organization remains profitable and sustainable.
- Strategic Thinking: Ability to think critically, make data-driven decisions, and anticipate future opportunities or challenges.
- Resilience: Mental toughness to navigate setbacks, manage stress, and maintain focus on the organization's goals.
- Team Building: Know how to hire, mentor, and retain the right talent, fostering a positive organizational culture.
Skills Capabilities
- Excellent technical ability under IFRS and US GAAP and auditing under ISA and US GAAS.
- Advanced in-depth skills, with an in-depth knowledge of Bloomberg, Microsoft office tools and various Banking applications.
- A strong banking exposure in trading and treasury management coupled with a comprehensive understanding of the capital markets and the various asset classes - investment analysis and asset valuations.
- Strong staff and project management skills and ability to interact with external service providers at senior management level.
- An exceptional standard of quality including accuracy, attention to detail, organisation and self-review skills, thoughtful analysis and problem-solving capabilities.
- Strategic management across multiple business locations and industries.
- High quality reporting including communication with executive management and external stakeholders with attention to detail and time sensitivity for key deliverables.
Nationalities
- Zimbabwe
- Cayman Islands
- United Kingdom
Personal Information
- Gender: Male
- Nationality: Zimbabwean
Languages
English
Advanced (C1)
Shona
Advanced (C1)
Accomplishments
Leadership & Executive Roles
- Chief Executive Officer, RF Bank & Trust (Cayman) Limited – spearheading the Cayman office’s expansion in international asset management, FX, and banking services.
- Successfully navigated board and regulatory approvals with CIMA, WORC, and Cayman Finance for new products, hires, and counterparty relationships.
- Oversaw strategic repositioning of Cayman operations, building stronger institutional and private-client business lines.
- Over 15 years of senior experience in financial services spanning audit, accounting & finance, and capital markets.
- Deep expertise in investment management and portfolio construction across multiple client segments, including:
Institutional portfolios (e.g., captive insurance companies such as Colonial Medical & Life, Ocean State Insurance).
Private client mandates with tailored segregated accounts, ETF strategies, and multi-currency allocations. - Skilled in asset allocation frameworks, risk metrics (duration, VaR, coupon income), and benchmarking against indices (MSCI World, S&P 500, BofAML).
- Strong macroeconomic insight, integrating policy, trade, and global liquidity analysis into portfolio strategies.
- Extensive work in AML compliance, trust structuring, and tax-efficient planning, ensuring alignment with regulatory standards.
- Actively manages internal governance processes: investment agreements, board memos, regulatory filings, JD reviews, and salary/option structures.
- Engaged in counterparty research and onboarding, improving service levels and operational resilience for RF.
- Past President & active member, CFA Society Cayman Islands: mentoring candidates, supporting scholarships, and judging the CFA Research Challenge.
- Participant in Leadership Cayman 2025, helping organize high-level seminars and speaker events (e.g., with Mrs. Scotland).
- Mentor and advocate for young professionals, including sponsorship and support for scholarships (e.g., Dart University Scholarship for David Swan).
- Contributor to major Cayman industry events such as the Cayman Captive Forum and Cayman Finance presentations.
- Visionary leader combining strategic thinking with emotional intelligence, known for inspiring teams and fostering a results-oriented culture.
- Recognized for technical excellence, attention to detail, and strong decision-making, while maintaining adaptability in complex market conditions.
- Strong reputation as a collaborative builder of relationships across Cayman, the Caribbean, the UK, EU, and Zimbabwe.
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Affiliations
- CFA Society Cayman
- Chartered Accountants Zimbabwe
- Institute of Bankers Zimbabwe
- Cayman Islands Institute of Public Accountants
Interests
Travelling
Writing market articles
Investments podcasts
Speaker events
Quote
The way to get started is to quit talking and begin doing.
Walt Disney
Certification
- CPA - Certified Public Accountant
- CIBA - Certified Investment Banking Associate
- CPM - Chartered Portfolio Manager
Work Preference
Work Type
Full TimeLocation Preference
On-SiteSalary Range
$45000/yr - $100000/yrImportant To Me
Career advancementCompany CulturePersonal development programsStock Options / Equity / Profit SharingSoftware
MS Office Suite
Websites
Timeline
Senior Portfolio Manager
Butterfield Bank
12.2018 - Current
Senior Trader
EFG Bank
06.2015 - 11.2018
Senior Fund Accountant
EFG Investment Services
07.2012 - 05.2015
Supervising Senior
KPMG
10.2007 - 06.2012
Chartered Financial Analyst - undefined
Institute of Chartered Financial Analyst
Chartered Accountant - undefined
Institute of Chartered Accountants Zimbabwe
Bachelor of Accounting Science Honours Degree - undefined
University of South Africa
Advanced Certificate in Auditing - undefined
Accounting Professional Training
Diploma in Banking - undefined
Institute of Bankers of Zimbabwe
Bachelor of Commerce Honours Degree - undefined
National University of Science and Technology
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