JAMES BURR APPOINTED AS BUTTERFIELD DIRECTOR
Hamilton, Bermuda—29 June 2016: The Bank of N.T. Butterfield & Son Limited (“Butterfield”) today announced that James Burr has been appointed to its Board as a Non-Executive Director with effect from 13 June 2016. Mr. Burr previously served on the Butterfield Board as a Non-Executive Director from 2010 to 2012.
Mr. Burr, who is based in Charlotte, North Carolina, is a Managing Director at The Carlyle Group. He joined Carlyle in 2008 and has been deeply involved with the firm’s financial services portfolio, serving on the boards of Edgewood Partners Holdings, LLC, PIB Limited, Barbon Insurance Group, Hampton Roads Bankshares, Inc. and JenCap Insurance Solutions, among other companies.
Prior to joining Carlyle, Mr. Burr worked at Wachovia Bank, where he served in several senior positions, including Corporate Treasurer (a position he held from 2006 to 2008), in which he was responsible for activities relating to funding, investment of the bank’s $250 billion portfolio, risk transference, balance sheet management, liquidity and capital usage. Mr. Burr began his career at Ernst & Young, where he was a CPA focused on banking and computer audit issues.
Mr. Burr earned a Bachelor of Science in Business Administration from Appalachian State University. He was a CPA in the state of North Carolina from 1994 to 2007.
This announcement does not constitute an offer to sell securities, or a solicitation of an offer to buy securities, in any jurisdiction, including without limitation the United States of America. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the US Securities Act of 1933, as amended (the “Securities Act”). No decision has been made as to whether any securities of The Bank of N.T. Butterfield & Son Limited (the “Issuer”) will be registered under the Securities Act, or the laws of any State. A public offering of securities in the United States, if any such offering is made, will be made by means of a prospectus that may be obtained from the Issuer containing detailed information about the Issuer and management, as well as financial statements.
Notes to Editors:
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 and the Cayman Islands, encompassing retail and corporate banking and treasury activities. Butterfield also variously provides property lending, private banking, asset management and personal trust services from its headquarters in Bermuda and subsidiary offices in the Cayman Islands, Guernsey and the United Kingdom. In Switzerland and The Bahamas, Butterfield provides personal trust and company services. Butterfield is a publicly traded corporation with shares listed on the Bermuda Stock Exchange. 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.