Chief Executive Officer - SAGC Careers
Chief Executive Officer
Posting Date: 22 December 2025 | Salary: CI$163,164 - $189,204 per annum
Overview
The Utility Regulation and Competition Office (URCO, the Office) is the independent multi-sector regulatory body with responsibility for the Energy & Electricity, Fuels, Information and Communication Technology (ICT), and Water & Wastewater sectors. The Office maintains regulatory oversight for all utilities providers in the Cayman Islands. Created by the enactment of the Utility Regulation and Competition (URC) Act, URCO, has wide powers for consumer protection and is particularly mandated to facilitate innovation in the sectors for which it has responsibility for the promotion of economic development.
The Chief Executive Officer (CEO) of URCO is appointed by and reports directly to the Board. In this critical role, the CEO oversees strategic and operational performance, ensuring alignment with objectives and adherence to statutory frameworks. Key responsibilities include driving URCO's strategic direction, achieving outcomes, promoting innovation and fostering relationships with stakeholders for economic growth and stability in regulated sectors.
The CEO of URCO holds direct responsibility for Critical National Infrastructure and provides leadership in the sectors of Electricity, Information and Communication Technology, Fuels and Water. Subject to Board approval where necessary, the CEO ensures efficient sector performance, fostering community relevance, achieving URCO's mission and vision and being accountable to stakeholders. Additionally, the CEO represents the interests of the Cayman Islands in international decision-making forums where URCO has formal responsibility.
Duties and Responsibilities
Key areas of accountability include, but are not limited to:
• Responsible for regulatory policy development, consultative document review and finalisation, policy recommendations for the development of competitive public utility markets in the Cayman Islands.
• Advise the relevant Minister on URCO’s matters, including compliance with Government’s international obligations, ICT markets, technology, competition, and regulation in the corresponding sectors.
• Oversee the Office’s management of mergers and acquisitions, disputes and legal proceedings and prepare recommendations for consideration by the Board in respect of regulatory and competition decisions.
• Facilitate innovation across all sectors of the agency and identify opportunities for the Cayman Islands in emerging technologies.
• Provide Strategic advice to the Board of Directors and work in partnership with the Board to ensure ongoing strategic forward thinking that forms the strategic and operational goals while leveraging technological solutions wherever possible.
• Act as a final decision-maker as per the Board’s delegation of authority and discretions in various operational aspects and ensures all operations are conducted in full compliance with relevant laws, regulations, and policies.
• Ensure that the Executive Leadership Team consistently demonstrates a collective focus on achievement of the Board’s policies and build a culture of internal excellence at all levels.
• Ensure that competent leadership and operational systems are in place, that drive and achieve change and development across the Office.
• Analyse complex policy issues, draw correct conclusions and articulate clear and focused policy to wide and diverse audiences.
• Ensure the use of a robust recruitment process to provide adequate staffing. Provide discipline, deployment, counseling, and relevant training to ensure effectiveness and efficiency in the delivery of the various services.
• Plan, oversee, and monitor all financial aspects of the Office, assuring compliance with all laws, regulations, and accounting standards, to include fiduciary functions, asset management, banking, payroll, purchasing, cash management and financial reporting.
• Develop and promote awareness throughout the Cayman Islands of the role of URCO.
• Educate consumers on their rights & protection and promote transparency.
• Establish and maintain positive working relationships with key stakeholders and commercial enterprises.
Qualifications, Experience and Skills
• A degree or relevant post-graduate qualification in utility regulation, accounting, finance, economics,
engineering, law, public policy, one of the sectors which URCO regulates or a related field.
• A minimum of seven (7) years’ experience of which at least five (5) years has been in a regulatory
environment or in one of the sectors that URCO regulates, and at least two (2) years has been in a senior
management/supervisory position, preferably in utility regulation or competition environment.
• Proven ability to lead by example, having intrepid conversations when needed, modelling positive leadership,
integrity, respect, agility, and sound judgment in all activities and interactions both internally and externally.
Submission Details
A detailed job description is available online at www.recruitment.gov.ky. All applications must include:
1) Cover letter;
2) Curriculum Vitae;
3) URCO application form, which can be found on our website www.ofreg.ky;
4) Three professional references; and
5) A clean Police Clearance Certificate.
All documents must be received for an application to be considered.
All applications for the Chief Executive Officer post must be submitted to Chair@ofreg.ky.
Applicationsreceived by other means will not be accepted. Queries can be addressed to Secretary@ofreg.ky.
Preference will be given to suitably qualified and experienced Caymanians.
NO AGENCIES PLEASE.
Application Closing Date: 31st January 2026
