Dr. Dax Basdeo

Dr. Dax Basdeo currently has responsibility for a broad range of departments and authorities within the Ministry of Finance of the Cayman Islands Government, covering such key areas as financial services policy, economic development and international relations. Specific functions under Dr. Basdeo’s leadership include: the Department of Commerce & Investment; the Financial Services Secretariat; the Cayman Islands London Office; the General Registry; and the Tax Information Authority.

Dr. Basdeo began his career in the civil service in 1995 as an economist. In 2004, he assumed responsibility for the Cayman Islands Investment Bureau (now the Department of Commerce & Investment) and devised policies and programmes supporting inward investment and economic diversification, small business development and provision of advisory services for international investors. He assumed the position of Chief Officer (Financial Services) in October 2010.

Dr. Basdeo holds a Bachelor of Science degree in finance and statistics from the Wharton School at the University of Pennsylvania, an MBA from the University of Manchester and a PhD in strategic management from the University of Maryland. A published author, Dr. Basdeo has also conducted research involving U.S. businesses, with research teams at various academic institutions.