Myles CulmerDirector, BDO Advisory Services
Accounting Services and Forensic Accounting in Bahamas
P.O Box N-10144 Gresham House Charlotte Street, South Nassau, BAHAMAS, Nassau
BDO Bahamas was founded by Clifford Culmer in 1977, and was initially called Clifford Culmer & Co, which later became Mann Judd. In 1995 the firm joined BDO International Limited, which is currently the world’s fifth largest accounting organization.
BDO International Limited is a worldwide network of public accounting firms, called BDO member firms, serving international clients. Each BDO member firm is an independent legal entity in its own country.
The network has an excellent partner to staff ratio, with 64,000 people working with our clients and offering challenging, ethical and practical advice from 1400 offices in 154 countries.
For over thirty years, BDO Bahamas has provided services to both government corporations and private clientele as well as, winding up of companies, acting as trustee in bankruptcies and participating in a number of high profile international liquidations, and over the years the firm has not only grown is size, but also in stature.
The landmark case in 1982, known as 'in re Culmer', established that the provisions of Bahamian law relating to liquidation proceedings are in conformity with international common law as a result of the Banco Ambrosiano bankruptcy, and set a worldwide precedence in liquidation proceedings. This decision is still referred to in global insolvencies today.
In addition to the firm’s corporate recovery and insolvency expertise, BDO Bahamas has also developed a team of in house accounting, assurance / audit, corporate finance and forensic accounting investigation experts. Founder and senior partner Clifford Culmer believes that these varying degrees of expertise position the firm to take advantage of the constantly shifting global market place.
At BDO Bahamas our mission is to be the leader of exceptional client service.
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As a director of BDO Advisory Services in Nassau Bahamas, Myles is responsible for the delivery of advisory services to clients. Myles has a number of years' experience in investment management, trading and banking. Prior to joining BDO he was employed with a leading mutual fund with over 300 billion in assets under management. Myles also has experience working in the hedge fund industry, and as assistant treasurer of a major US bank in charge of asset and liability management.
While at BDO, Myles has participated in a number of complex cross border asset recoveries, corporate restructurings and receivership's most notably, The Grand Bahama Port Authority & Port Group Limited as the Joint Receiver & Manager. The role basically saw Myles as the joint chairman with control and preservation of the goodwill of all of the assets of the companies and with overall control of the entity that is charged with the management of Freeport Grand Bahama, a city of 60,000 and the second largest city in The Bahamas.
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Advisory, Corporate Finance & Recovery