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3 September 2008
Butterfield Announces Changes in Bermuda Community and Private Banking

The Bank of N.T. Butterfield & Son Limited (“Butterfield”) today announced changes in its Bermuda community and private banking divisions, designed to leverage the strengths of its highly experienced management team and help the Bank maintain its leadership position in the local market.


The changes are as follows:


Bob Wilson has been appointed Senior Vice President, Head of Bermuda Banking with overall responsibility for Retail, Corporate and Electronic Banking.


Mr. Wilson joined Butterfield in 1994 as Senior Lending Manager with the Bank’s London subsidiary. He took over responsibility for Credit in February 2002 and in May 2002 was appointed Senior Vice President, Corporate Banking following a four-year period as Vice President & Head of Corporate Banking. Prior to joining Butterfield, Mr. Wilson held various positions in the financial industry in the UK and the Channel Islands.


Phil Jones has been appointed Vice President, Head of Retail Banking with responsibility for Consumer Credit, the Retail Banking Branch network in Bermuda and the Call Centre.  


Mr. Jones joined Butterfield in 1996 as a Lending Manager in Corporate Banking and in March 2001 was promoted to Vice President, Credit Risk Management.  During the past 5 years Mr. Jones has held the position of Vice President, Head of Private Banking for Butterfield in Bermuda. 


Nir Sadeh has joined Butterfield as Vice President, Head of Private Banking.


Mr. Sadeh was most recently Senior Vice President, Head of Private Banking at Capital G Bank for the past 5 years. Prior to joining Capital G Bank, Mr. Sadeh held various positions with financial institutions in the UK and Bermuda.


Shawnette Griffin has been appointed Vice President, Consumer Credit.


Ms. Griffin is a familiar face to many Butterfield customers, having begun her career with the Bank in 1989. Prior to her promotion, Ms. Griffin was Assistant Vice President, Consumer Credit / Mortgage Lending, a position she held since October 2000.


As announced in July, Lloyd Wiggan, previously Senior Vice President, Head of Retail Banking in Bermuda, has been appointed Managing Director of Butterfield Bank (Barbados) Limited and has relocated to that jurisdiction to manage and further develop the Bank’s Barbados businesses.





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