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27 July 2006
Butterfield Bank Executive Vice President retires after 39 years

(Hamilton, Bermuda – Thursday 27 July 2006) Butterfield Bank’s Executive Vice President of Operations & Information Technology, C. Wendell Emery, will retire next month from Butterfield Bank after 39 years of committed service. Mr. Emery spent 23 years working in Trust and Investments occupying progressively senior management positions at the former Butterfield Executor & Trustee Company – a consolidation of what are now Butterfield Investment Services, Butterfield Asset Management and Butterfield Trust.

 

Mr. Emery next worked in International Banking and directed Corporate Banking, Retail Banking and Information Technology.

 

In 1992 he was awarded an MBE in recognition of his 18 years on The Public Service Commission of Bermuda.

 

Alan Thompson, President and CEO of Butterfield Bank said, “Wendell’s wisdom, guidance and expert knowledge of the bank will be sorely missed. While Wendell may be irreplaceable, his duties on the senior executive are in the process of being reassigned.”

 

After nearly four decades, Mr. Emery has seen the Bank expand from 200 locally-based staff to 1,600 employees in both Bermuda and overseas. He believes there was still opportunity for the Bank to grow.

 

“I think banking and all of its components – because it has gone beyond just banking – create opportunities for people at all levels if they come in with the right attitude,” he said.  Mr. Emery admitted that he would miss working at Butterfield Bank, however, said he only thought he would stay for five years when he first joined. “After the first year or two I began to enjoy it. I suppose it was timing. The Bank was beginning to grow. I got caught up in the growth,” he said.

 

Note to Editors:

 

The Butterfield Bank Group, Bermuda’s first and largest indigenous bank, offers a full range of community banking services in Bermuda, Barbados and the Cayman Islands, encompassing retail and corporate banking and treasury activities. As a specialist offshore financial services provider the Group also provides private banking, wealth management and fiduciary services, and investment and pension fund administration services from its headquarters in Bermuda, and its subsidiary offices in the Cayman Islands, Guernsey, The Bahamas and the United Kingdom. The Butterfield Bank Group is a publicly traded corporation with its shares listed on the Bermuda and Cayman Islands stock exchanges. Further details on Butterfield Bank can be obtained from our web site at: www.butterfieldbank.com.

 

Media Contact:
Stuart Roberts
Marketing & Communications
Phone: (441) 298-4610
Fax: (441) 295-3878
Email: stuartroberts@bntb.bm

 

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