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Michael Collins Joins Butterfield as EVP, Corporate Development
Hamilton, Bermuda ─ 4 August 2009: The Bank of N.T. Butterfield & Son Limited ("Butterfield") (Ticker: NTB.BH) today announced that Mr. Michael Collins has joined the Group as Executive Vice President, Corporate Development. In this role he will work with the Board of Directors and the management team on a number of strategic initiatives involving product development, revenue opportunities and risk management, among other areas.
Mr. Collins has close to 25 years' experience in financial services, having held progressively senior positions, at JP Morgan in New York and later at Bermuda Commercial Bank and HSBC in Bermuda. He was most recently Chief Operating Officer at HSBC Bank of Bermuda.
Mr. Collins holds a BA in Economics from Brown University.
Alan Thompson, Butterfield's President & Chief Executive Officer said, "We are pleased to welcome Michael to the Butterfield family. He brings with him a depth of experience in international and Bermudian financial services, as well as strong leadership skills that will be assets to our organisation. He will be a strong complement to our already strong management team."
Michael will be based in Bermuda, where he currently resides with his wife and five children.
Notes:
The Bank of N.T. Butterfield & Son Limited ("Butterfield") is Bermuda's first and largest independent bank, and a specialist provider of international financial services. The Butterfield group offers a full range of community banking services in Bermuda, Barbados and the Cayman Islands, encompassing retail and corporate banking and treasury activities. In the wealth management area, the Butterfield group provides private banking, asset management and personal trust services from its headquarters in Bermuda and subsidiary offices in The Bahamas, the Cayman Islands, Guernsey, Hong Kong, Malta, Switzerland and the United Kingdom. Butterfield also provides services to corporate and institutional clients from offices in Bermuda, The Bahamas, the Cayman Islands and Guernsey, which include asset management and corporate trust services.
Butterfield is a publicly traded corporation with shares listed on the Bermuda and Cayman Islands stock exchanges. Butterfield's share price is published daily in The Royal Gazette (www.theroyalgazette.com) and is also available on Bloomberg Financial Markets (symbol: NTB.BH) and the Bermuda Stock Exchange website (www.bsx.com). Further details on the Butterfield Group can be obtained from our website at: www.butterfieldgroup.com.
Media Relations Contacts:
Mark Johnson
Assistant Vice President
The Bank of N.T. Butterfield & Son Limited
Phone: (441) 299 1624
Cellular: (441) 524 1025
Fax: (441) 295 3878
E-mail: mark.johnson@bm.butterfieldgroup.com
Stuart Roberts
Senior Communications Specialist
The Bank of N.T. Butterfield & Son Limited
Phone: (441) 298 4610
Cellular: (441) 524 2057
Fax: (441) 295 3878