Shareholders' Conflict?

Shareholders' Conflict?

About us

About us

The Curacao Financial Group (cfg) is a team of dedicated finance professionals who specialize in corporate financial advisory with the aim to add value to our clients’ projects and companies.

Our geographic focus is on the Dutch and English speaking countries of the Caribbean and on Latin America.

The company was founded in 2012 by Bharat Bhojwani and Walter Blijleven, two experienced, entrepreneurial, international bankers and corporate finance experts. Each of them has held senior positions at institutions in the areas of corporate finance, international trust, mergers and acquisition projects and private equity. cfg has been steadily growing ever since.

The vantage point for cfg has always been and continues to be our ardent passion for quality and helping to create real value, which we will vouch for every time. Striving for and achieving value in all aspects of your company improves the contribution to the community in general. 

All success stories
“Oversubscribed Bond issuance Building Depot Curacao B.V.”

“Oversubscribed Bond issuance Building Depot Curacao B.V.”

“Oversubscribed Bond issuance Building Depot Curacao B.V.”

“Oversubscribed Bond issuance Building Depot Curacao B.V.”

“Oversubscribed Bond issuance Building Depot Curacao B.V.”

The ANG 34 million bond issuance of Building Depot Curacao B.V. (BDC), for which The Curacao Financial Group N.V. (cfg) has acted as Arranger and Listing Advisor, has been completed successfully.

With this bond issuance BDC, the entity of Building Depot Group that holds all real estate of the retail company Building Depot, has not only aligned its credit profile with its debt structure, but also managed to refinance and consolidate all of its outstanding debt against more favorable terms and conditions.

Bonds offered have been collateralized with the first mortgage rights on all real estate properties owned by BDC, which amounts to ANG 54,25 million, have a duration of 10 years and will make fixed coupon payments of 5% per annum.

The BDC bond issuance has been the largest issuance of the DCSX and has shown that the capital market of Curacao has a lot more to offer. 

Commercial Bank Valuation

Commercial Bank Valuation

Commercial Bank Valuation

Commercial Bank Valuation

The Curacao Financial Group (cfg) sucessfully completed a valuation for a commercial bank in Curacao. The objective of the valuation was to provide the bank with an independent Conclusion of Value over a small interest of the bank.

The standard of value used in this valuation is the Fair Market Value. This value is a price at which buyers and sellers with a reasonable knowledge of relevant facts are willing to do business. After exploring different valuation approach, the market data method (Market approach) indicated a higher value than the methods used under the Income approach. Taking several factors into account, an average of both approaches was taken as the best indication of the equity value of the company in this valuation.

First local listing on the Dutch Caribbean Securities Exchange

First local listing on the Dutch Caribbean Securities Exchange

First local listing on the Dutch Caribbean Securities Exchange

First local listing on the Dutch Caribbean Securities Exchange

The first local public offering of Bonds by Building Depot Member Services on the Dutch Caribbean Securities Exchange was a great success. cfg acted as the adviser to BDMS. The offer to the market was ANG 2.1m of 50k bonds, with a 4 year term, paying an interest rate to investors of 6.5% per annum.
The bonds were oversubscribed substantially, with brokers on the DCSX receiving subscriptions for almost 3 times the value of the offering.

According to the DCSX CEO Mr Römer, the significant oversubscription on the public offering on the DCSX shows that there is large interest and local capital available to be invested in transparent, well managed local businesses. 
The DCSX offers a transparent platform to bring investors and target companies together. 
This enables idle funds to be invested into the local economy, enabling further growth for companies and return on investments for investors.
 

17 January 2017

Capital raising hotel in Aruba

Capital raising hotel in Aruba

Capital raising hotel in Aruba

Capital raising hotel in Aruba

The Curacao Financial Group N.V. (cfg) acted as the Financial Adviser and Arranger of the loan facility in the purchase of The Mill Resort & Suites Aruba by the Alaimo Family. The property will be refurbished and rebranded as a Courtyard by Marriot in 2017 under guidance and supervision of Interamerican Promo Hotels Inc. that will continue as the Operater of the hotel. 

The total investment involved is USD 22 million.

Acquisition financing was provided bu Aruba Bank N.V.


17 January 2017

Valuation local gas station

Valuation local gas station

Valuation local gas station

Valuation local gas station

cfg completed a successful valuation of a gas station in Curacao. cfg was retained by the shareholders of the company to perform a valuation in accordance with NACVA guidelines. The objective of the valuation was to provide certain shareholders with an independent Conclusion of Value of their interest in the Company.

The income and asset approach were used to arrive at a certain value for the whole company. In order to calculate the minority, non-controlling interests, a discount for “lack of control” was applied. This discount is a percentage deducted from the subject’s pro rata share value, to compensate for the lack of control the minority shareholders have over the company.

17 January 2017

Sale of a Company

Sale of a Company

Sale of a Company

Sale of a Company

cfg sells a “Service provider” company to an international investor

cfg successfully sold a “service provider” company located in Curacao for an amount of ANG 2 million. cfg made a teaser for interested parties. Subsequently, parties that showed a serious interest would receive a well-documented Information Memorandum consisting of all the information necessary when considering acquiring a company. All interested parties were invited to bid on the company. Ultimately, two interested parties were elected to start negotiations. Ultimately an international investor was chosen as the best suitable party for this company.

Hotel in Suriname

Hotel in Suriname

Hotel in Suriname

Hotel in Suriname

Refinancing: USD 14,000,000.-

The Curacao Financial Group success restructured and refinanced the debt of a hotel in Suriname.

This branded hotel had some financial problems due to underperformance. With new management company stepping in, they were able to turn around the operation and financial performance of the hotel within 4 years. This hotel wanted to eliminate its expensive debt structure, and refinance it in one loan with a lower interest. This is the reason why they approached cfg, as cfg has the expertise and knowledge to help them with a tailored made solution with which they could approach banks for their refinancing.

Building Depot Curaçao

Building Depot Curaçao

Building Depot Curaçao

Building Depot Curaçao

The Curacao Financial Group (cfg), has been deeply involved in helping Building Depot, a hardware store in Curacao, to recover from an unfortunate event that occurred on 16 of May 2013. Where fire completely burned down the hardware store. After rebuilding the hardware store, building Depot had a very tough journey in front of them. One of the main options that they were going to use to gain back their presence was to develop Building Depot Member Services (BDMS) further. BDMS is a consumer finance company operating under Building Depot Holding, which provides in-store credit to shoppers of Building Depot. Here is where The Curacao Financial Group stepped in with its capital raising expertise, to advice BDMS on how to best raise capital to fund the growth of BDMS. After exploring several options, the option that suited BDMS best was a bond issuance. cfg managed the bond issuance, and successfully raised 75% of a total of ANG 9,000,000.- for BDMS in a private placement. cfg used its extensive connection in the Caribbean to raise the required capital in a very short period. The whole capital raising process started in July 2015, and by December 2015, they have successfully placed ANG 6,750,000.-.The BDMS case has helped cfg prove that there are more ways to raise capital other than traditional bank loans. To summarize, cfg was an actor with two key roles in this story. The role of a financial advisor, who will analyze your financial situation and come up with a tailored made solution. Additionally, having enough expertise and well-established connections to take the role of a bond manager.

“Oversubscribed Bond issuance Building Depot Curacao B.V.”

“Oversubscribed Bond issuance Building Depot Curacao B.V.”

“Oversubscribed Bond issuance Building Depot Curacao B.V.”

“Oversubscribed Bond issuance Building Depot Curacao B.V.”

“Oversubscribed Bond issuance Building Depot Curacao B.V.”

The ANG 34 million bond issuance of Building Depot Curacao B.V. (BDC), for which The Curacao Financial Group N.V. (cfg) has acted as Arranger and Listing Advisor, has been completed successfully.

With this bond issuance BDC, the entity of Building Depot Group that holds all real estate of the retail company Building Depot, has not only aligned its credit profile with its debt structure, but also managed to refinance and consolidate all of its outstanding debt against more favorable terms and conditions.

Bonds offered have been collateralized with the first mortgage rights on all real estate properties owned by BDC, which amounts to ANG 54,25 million, have a duration of 10 years and will make fixed coupon payments of 5% per annum.

The BDC bond issuance has been the largest issuance of the DCSX and has shown that the capital market of Curacao has a lot more to offer. 

Commercial Bank Valuation

Commercial Bank Valuation

Commercial Bank Valuation

Commercial Bank Valuation

The Curacao Financial Group (cfg) sucessfully completed a valuation for a commercial bank in Curacao. The objective of the valuation was to provide the bank with an independent Conclusion of Value over a small interest of the bank.

The standard of value used in this valuation is the Fair Market Value. This value is a price at which buyers and sellers with a reasonable knowledge of relevant facts are willing to do business. After exploring different valuation approach, the market data method (Market approach) indicated a higher value than the methods used under the Income approach. Taking several factors into account, an average of both approaches was taken as the best indication of the equity value of the company in this valuation.

First local listing on the Dutch Caribbean Securities Exchange

First local listing on the Dutch Caribbean Securities Exchange

First local listing on the Dutch Caribbean Securities Exchange

First local listing on the Dutch Caribbean Securities Exchange

The first local public offering of Bonds by Building Depot Member Services on the Dutch Caribbean Securities Exchange was a great success. cfg acted as the adviser to BDMS. The offer to the market was ANG 2.1m of 50k bonds, with a 4 year term, paying an interest rate to investors of 6.5% per annum.
The bonds were oversubscribed substantially, with brokers on the DCSX receiving subscriptions for almost 3 times the value of the offering.

According to the DCSX CEO Mr Römer, the significant oversubscription on the public offering on the DCSX shows that there is large interest and local capital available to be invested in transparent, well managed local businesses. 
The DCSX offers a transparent platform to bring investors and target companies together. 
This enables idle funds to be invested into the local economy, enabling further growth for companies and return on investments for investors.
 

17 January 2017

Capital raising hotel in Aruba

Capital raising hotel in Aruba

Capital raising hotel in Aruba

Capital raising hotel in Aruba

The Curacao Financial Group N.V. (cfg) acted as the Financial Adviser and Arranger of the loan facility in the purchase of The Mill Resort & Suites Aruba by the Alaimo Family. The property will be refurbished and rebranded as a Courtyard by Marriot in 2017 under guidance and supervision of Interamerican Promo Hotels Inc. that will continue as the Operater of the hotel. 

The total investment involved is USD 22 million.

Acquisition financing was provided bu Aruba Bank N.V.


17 January 2017

Valuation local gas station

Valuation local gas station

Valuation local gas station

Valuation local gas station

cfg completed a successful valuation of a gas station in Curacao. cfg was retained by the shareholders of the company to perform a valuation in accordance with NACVA guidelines. The objective of the valuation was to provide certain shareholders with an independent Conclusion of Value of their interest in the Company.

The income and asset approach were used to arrive at a certain value for the whole company. In order to calculate the minority, non-controlling interests, a discount for “lack of control” was applied. This discount is a percentage deducted from the subject’s pro rata share value, to compensate for the lack of control the minority shareholders have over the company.

17 January 2017

Sale of a Company

Sale of a Company

Sale of a Company

Sale of a Company

cfg sells a “Service provider” company to an international investor

cfg successfully sold a “service provider” company located in Curacao for an amount of ANG 2 million. cfg made a teaser for interested parties. Subsequently, parties that showed a serious interest would receive a well-documented Information Memorandum consisting of all the information necessary when considering acquiring a company. All interested parties were invited to bid on the company. Ultimately, two interested parties were elected to start negotiations. Ultimately an international investor was chosen as the best suitable party for this company.

Hotel in Suriname

Hotel in Suriname

Hotel in Suriname

Hotel in Suriname

Refinancing: USD 14,000,000.-

The Curacao Financial Group success restructured and refinanced the debt of a hotel in Suriname.

This branded hotel had some financial problems due to underperformance. With new management company stepping in, they were able to turn around the operation and financial performance of the hotel within 4 years. This hotel wanted to eliminate its expensive debt structure, and refinance it in one loan with a lower interest. This is the reason why they approached cfg, as cfg has the expertise and knowledge to help them with a tailored made solution with which they could approach banks for their refinancing.

Building Depot Curaçao

Building Depot Curaçao

Building Depot Curaçao

Building Depot Curaçao

The Curacao Financial Group (cfg), has been deeply involved in helping Building Depot, a hardware store in Curacao, to recover from an unfortunate event that occurred on 16 of May 2013. Where fire completely burned down the hardware store. After rebuilding the hardware store, building Depot had a very tough journey in front of them. One of the main options that they were going to use to gain back their presence was to develop Building Depot Member Services (BDMS) further. BDMS is a consumer finance company operating under Building Depot Holding, which provides in-store credit to shoppers of Building Depot. Here is where The Curacao Financial Group stepped in with its capital raising expertise, to advice BDMS on how to best raise capital to fund the growth of BDMS. After exploring several options, the option that suited BDMS best was a bond issuance. cfg managed the bond issuance, and successfully raised 75% of a total of ANG 9,000,000.- for BDMS in a private placement. cfg used its extensive connection in the Caribbean to raise the required capital in a very short period. The whole capital raising process started in July 2015, and by December 2015, they have successfully placed ANG 6,750,000.-.The BDMS case has helped cfg prove that there are more ways to raise capital other than traditional bank loans. To summarize, cfg was an actor with two key roles in this story. The role of a financial advisor, who will analyze your financial situation and come up with a tailored made solution. Additionally, having enough expertise and well-established connections to take the role of a bond manager.

Meet the team

Drs. Walter Blijleven RA, CVA

Drs. Walter Blijleven RA, CVA

Drs. Walter Blijleven RA, CVA

Walter is one of the founders of cfg and a highly experienced finance professional. Walter is well-known for his financial expertise, combined with demonstrated leadership and management capabilities, a strong sense of humor and the ability to 'keep it cool' when the heat is on.

In his role as Managing Director, Walter deploys his strengths in the areas of business valuations, mergers & acquisitions and ownership transitions while scanning the horizon for sustainable heritage investment opportunities. This includes UNESCO’s World Heritage city center of Willemstad with the aim to restore and repurpose heritage properties for the growing hospitality sector of Curaçao.

Prior to the start-up of cfg, Walter held senior management roles in both public and private organizations in financial services, banking, law enforcement and the Royal Netherlands Navy.   

Walter is a Treasurer at the Dutch Caribbean Securities Exchange (DCSX), based in Curaçao. He holds a Master of Science in Business administration and is qualified as a Dutch Certified Public Accountant (“registeraccountant”), a (US) Certified Valuation Analyst (CVA) and a (US) Certified Exit Planning Adviser (CEPA).

Jolanda Lam

Jolanda Lam

Jolanda Lam

Jolanda joined cfg on January 6, 2020 as Deputy Managing Director and member of cfg's Management Team.

Prior to her move to Curaçao, Jolanda held various global managerial positions in Nouryon (formerly AkzoNobel Specialty Chemicals) for more than 25 years. Her span of responsibilities has been both broad and deep, covering a variety of expertise levels such as branding, communication, marketing, program and project management, recruitment and organizational aspects. Jolanda has a strong business acumen, understanding of corporate drivers and is driven by continuous improvement and efficiency. She’s passionate to make a difference and add her voice & value to cfg’s strategic ambitions.

At cfg, Jolanda will strengthen our internal organization and focus on portfolio management and asset management, communication, branding & PR as well as stakeholder relation management, all of which will be key to further develop, deploy and grow the strategic goals of cfg and its associated members.

Bharat Bhojwani MBA

Bharat Bhojwani MBA

Bharat Bhojwani MBA

Bharat is one of the founders of cfg and a seasoned banking and corporate finance expert. Bharat is an approachable and well-networked member of various business and finance communities across the Dutch Caribbean. With strengths in relationship management and capital raising, Bharat brings a unique drive to structuring of investments in the Dutch Caribbean. He is passionate about bringing attractive investments to market, and has a heightened interest for bringing new life into the UNESCO World Heritage city center of Willemstad by fueling the trend to restore and repurpose heritage properties for the growing hospitality sector of Curaçao. 

In his role as Managing Director, Bharat’s skills to identify specific business development needs in combination with the right (financial) solutions has been one of the driving forces behind the success of cfg.

Bharat holds an MBA in General Management in Finance from the Rotterdam School of Management (Erasmus University) and a Bachelor’s in Accounting from Boston College.

Michael Terburg MSc

Michael Terburg MSc

Michael Terburg MSc

Michael started his career as a valuations specialist in 2009 at ING Investment Management (“INGIM”) in Den Haag, were he was responsible for the valuation of all securities (equity, fixed income and derivatives) within the portfolios of INGIM. In 2015, he became an independent consultant in the Netherlands and has worked for reputable institutions like Syntrus Achmea, Robeco, Aegon and PGGM.

During this time he was involved with a number of Private Equity, M&A and restructuring deals and has taken on diverse quantitative- and financial assignments, including the role as a financial director of a London based investment fund.  As such Michael has excellent knowledge of the investment management industry as well as the asset management and pension fund industry.

Michael not only has extensive experience as a financial and investment specialist; he also has a lot of experience with implementing large financial/investment systems - such as Markit EDM, Stat-pro, SimCorp Dimension - and the programming of financial reports which can be used for datamining. 

At cfg, Michael specializes in the fields of Mergers & Acquisitions, Capital Raising, Asset- / Investment management and Private Equity; where he is currently active with bond listings on the Dutch Caribbean Stock Exchange, financial management of the Curacao Heritage Fund and assisting companies to attain financing.

Cristy Henriques BASc

Cristy Henriques BASc

Cristy Henriques BASc

Since Cristy’s joined cfg as Finance Associate in May 2019, she has consistently developed her skills; Cristy is a highly motivated and hard-working person with good communication skills and a willingness to learn new things every day. She’s great in sharing her knowledge and expertise with others, training and coaching interns towards standardized processes and is thorough in handling complex finance matters. It’s obvious: Cristy is passionate about finance and everything that is related to numbers.

Prior to joining our team, Cristy concluded her internship at cfg in which she worked on a wide range of projects; assisting listing processes of publicly traded bonds, performing due diligence for the Curaçao Heritage Fund and corporate valuations. Currently, she is responsible for the financial administration and controlling of all the entities within the purview of cfg.

Cristy holds a Bachelor’s Degree in Business Administration with a major in Financial Management at the University of Curaçao. For her thesis she analyzed the factors preventing local companies from listing on the Dutch Caribbean Securities Exchange (DCSX). Several of her findings in this thesis were subsequently implemented by the DCSX. At this moment she is studying for her Master Degree in Business Administration (MBA) with a major in General Management at the Inter-Continental University of the Caribbean.

Cristy’s ambitions are profoundly driven around further enhancing and professionalizing her financial skills and growing into a more mature role on a step-by-step basis, while balancing her time with her current MBA study.

Annelies Lourentz

Annelies Lourentz

Annelies Lourentz

Annelies has 15 years’ experience as a Marketing, PR and Communication Professional at one of the local banks. She is now assisting our team as our new and flamboyant Office Manager.

At cfg, Annelies is in charge of assisting the Management Team, colleagues, our valuable relations and clients and not to forget, our royal office-building in picturesque Pietermaai. Ensuring that everything runs smoothly and flawlessly.

Lissette Felix Pita BASc

Lissette Felix Pita BASc

Lissette Felix Pita BASc

Lissette joined cfg as Finance Associate in December 2019, after successfully finalizing her Bachelor degree in Business Administration with a major in Financial Management at the University of Curaçao. Lissette brings positive energy to the team and is a great team player. Through her dedication, she is quickly getting up to speed with the day-to-day operations within cfg. We’ve come to know Lissette as an accurate, enthusiastic, representative and motivated person, who is willing to learn from new experiences to sharpen her skills. New challenges are coming to Lissette on a regular basis as she broadens her responsibilities within our financial operations portfolio.

Lissette is combining her job with a MBA in General Management at the Inter-continental University of the Caribbean.

She is keen to further advance her professional career, supported by her study, by being actively involved in business transactions. At cfg we will do whatever we can to help her grow and develop.

Chandni Trotman

Chandni Trotman

Chandni Trotman

After successfully concluding her internship at cfg from July till December 2019, Chandni – also known as Shans - joined cfg on January 3, 2020. We’re happy that Chandni is now officially a member of our team as Finance Associate. Chandni combines her part-time role with her Study to obtain her Bachelor of Applied Science degree in Business Administration, with a major in Financial Management from the University of Curaçao.

Chandni is a very creative, dependable, enthusiastic and motivated person with a curious mind; she’s open to learn new things business-wise. In her role as Finance Associate she adds value to our team by assisting us with a variety of tasks, while managing independent finance responsibilities.

Her future aspirations are to continue to develop, grow and challenge herself in financial expertise, but also pursue a Master’s degree in Fiscal Law.

Drs. Walter Blijleven RA, CVA

Drs. Walter Blijleven RA, CVA

Drs. Walter Blijleven RA, CVA

Walter is one of the founders of cfg and a highly experienced finance professional. Walter is well-known for his financial expertise, combined with demonstrated leadership and management capabilities, a strong sense of humor and the ability to 'keep it cool' when the heat is on.

In his role as Managing Director, Walter deploys his strengths in the areas of business valuations, mergers & acquisitions and ownership transitions while scanning the horizon for sustainable heritage investment opportunities. This includes UNESCO’s World Heritage city center of Willemstad with the aim to restore and repurpose heritage properties for the growing hospitality sector of Curaçao.

Prior to the start-up of cfg, Walter held senior management roles in both public and private organizations in financial services, banking, law enforcement and the Royal Netherlands Navy.   

Walter is a Treasurer at the Dutch Caribbean Securities Exchange (DCSX), based in Curaçao. He holds a Master of Science in Business administration and is qualified as a Dutch Certified Public Accountant (“registeraccountant”), a (US) Certified Valuation Analyst (CVA) and a (US) Certified Exit Planning Adviser (CEPA).

Jolanda Lam

Jolanda Lam

Jolanda Lam

Jolanda joined cfg on January 6, 2020 as Deputy Managing Director and member of cfg's Management Team.

Prior to her move to Curaçao, Jolanda held various global managerial positions in Nouryon (formerly AkzoNobel Specialty Chemicals) for more than 25 years. Her span of responsibilities has been both broad and deep, covering a variety of expertise levels such as branding, communication, marketing, program and project management, recruitment and organizational aspects. Jolanda has a strong business acumen, understanding of corporate drivers and is driven by continuous improvement and efficiency. She’s passionate to make a difference and add her voice & value to cfg’s strategic ambitions.

At cfg, Jolanda will strengthen our internal organization and focus on portfolio management and asset management, communication, branding & PR as well as stakeholder relation management, all of which will be key to further develop, deploy and grow the strategic goals of cfg and its associated members.

Bharat Bhojwani MBA

Bharat Bhojwani MBA

Bharat Bhojwani MBA

Bharat is one of the founders of cfg and a seasoned banking and corporate finance expert. Bharat is an approachable and well-networked member of various business and finance communities across the Dutch Caribbean. With strengths in relationship management and capital raising, Bharat brings a unique drive to structuring of investments in the Dutch Caribbean. He is passionate about bringing attractive investments to market, and has a heightened interest for bringing new life into the UNESCO World Heritage city center of Willemstad by fueling the trend to restore and repurpose heritage properties for the growing hospitality sector of Curaçao. 

In his role as Managing Director, Bharat’s skills to identify specific business development needs in combination with the right (financial) solutions has been one of the driving forces behind the success of cfg.

Bharat holds an MBA in General Management in Finance from the Rotterdam School of Management (Erasmus University) and a Bachelor’s in Accounting from Boston College.

Michael Terburg MSc

Michael Terburg MSc

Michael Terburg MSc

Michael started his career as a valuations specialist in 2009 at ING Investment Management (“INGIM”) in Den Haag, were he was responsible for the valuation of all securities (equity, fixed income and derivatives) within the portfolios of INGIM. In 2015, he became an independent consultant in the Netherlands and has worked for reputable institutions like Syntrus Achmea, Robeco, Aegon and PGGM.

During this time he was involved with a number of Private Equity, M&A and restructuring deals and has taken on diverse quantitative- and financial assignments, including the role as a financial director of a London based investment fund.  As such Michael has excellent knowledge of the investment management industry as well as the asset management and pension fund industry.

Michael not only has extensive experience as a financial and investment specialist; he also has a lot of experience with implementing large financial/investment systems - such as Markit EDM, Stat-pro, SimCorp Dimension - and the programming of financial reports which can be used for datamining. 

At cfg, Michael specializes in the fields of Mergers & Acquisitions, Capital Raising, Asset- / Investment management and Private Equity; where he is currently active with bond listings on the Dutch Caribbean Stock Exchange, financial management of the Curacao Heritage Fund and assisting companies to attain financing.

Cristy Henriques BASc

Cristy Henriques BASc

Cristy Henriques BASc

Since Cristy’s joined cfg as Finance Associate in May 2019, she has consistently developed her skills; Cristy is a highly motivated and hard-working person with good communication skills and a willingness to learn new things every day. She’s great in sharing her knowledge and expertise with others, training and coaching interns towards standardized processes and is thorough in handling complex finance matters. It’s obvious: Cristy is passionate about finance and everything that is related to numbers.

Prior to joining our team, Cristy concluded her internship at cfg in which she worked on a wide range of projects; assisting listing processes of publicly traded bonds, performing due diligence for the Curaçao Heritage Fund and corporate valuations. Currently, she is responsible for the financial administration and controlling of all the entities within the purview of cfg.

Cristy holds a Bachelor’s Degree in Business Administration with a major in Financial Management at the University of Curaçao. For her thesis she analyzed the factors preventing local companies from listing on the Dutch Caribbean Securities Exchange (DCSX). Several of her findings in this thesis were subsequently implemented by the DCSX. At this moment she is studying for her Master Degree in Business Administration (MBA) with a major in General Management at the Inter-Continental University of the Caribbean.

Cristy’s ambitions are profoundly driven around further enhancing and professionalizing her financial skills and growing into a more mature role on a step-by-step basis, while balancing her time with her current MBA study.

Annelies Lourentz

Annelies Lourentz

Annelies Lourentz

Annelies has 15 years’ experience as a Marketing, PR and Communication Professional at one of the local banks. She is now assisting our team as our new and flamboyant Office Manager.

At cfg, Annelies is in charge of assisting the Management Team, colleagues, our valuable relations and clients and not to forget, our royal office-building in picturesque Pietermaai. Ensuring that everything runs smoothly and flawlessly.

Lissette Felix Pita BASc

Lissette Felix Pita BASc

Lissette Felix Pita BASc

Lissette joined cfg as Finance Associate in December 2019, after successfully finalizing her Bachelor degree in Business Administration with a major in Financial Management at the University of Curaçao. Lissette brings positive energy to the team and is a great team player. Through her dedication, she is quickly getting up to speed with the day-to-day operations within cfg. We’ve come to know Lissette as an accurate, enthusiastic, representative and motivated person, who is willing to learn from new experiences to sharpen her skills. New challenges are coming to Lissette on a regular basis as she broadens her responsibilities within our financial operations portfolio.

Lissette is combining her job with a MBA in General Management at the Inter-continental University of the Caribbean.

She is keen to further advance her professional career, supported by her study, by being actively involved in business transactions. At cfg we will do whatever we can to help her grow and develop.

Chandni Trotman

Chandni Trotman

Chandni Trotman

After successfully concluding her internship at cfg from July till December 2019, Chandni – also known as Shans - joined cfg on January 3, 2020. We’re happy that Chandni is now officially a member of our team as Finance Associate. Chandni combines her part-time role with her Study to obtain her Bachelor of Applied Science degree in Business Administration, with a major in Financial Management from the University of Curaçao.

Chandni is a very creative, dependable, enthusiastic and motivated person with a curious mind; she’s open to learn new things business-wise. In her role as Finance Associate she adds value to our team by assisting us with a variety of tasks, while managing independent finance responsibilities.

Her future aspirations are to continue to develop, grow and challenge herself in financial expertise, but also pursue a Master’s degree in Fiscal Law.