Conor O’Dea is Butterfield’s new
Senior Executive Vice President, Caribbean.
The appointment was announced
Tuesday by the Bank of N.T. Butterfield & Son Limited, along with the appointment
of Michael Collins as Senior Executive Vice President, Bermuda.
Mr. O’Dea joined Butterfield in 1989 and was
named Managing Director, Butterfield Bank (Cayman) Limited in 1997. In
mid 2009, he was also given oversight responsibility for Butterfield’s operations
in The Bahamas and Barbados.
In his capacity as Senior Executive
Vice President, Caribbean, Mr. O’Dea will be responsible for all business lines
in The Bahamas, Barbados and the Cayman Islands and the respective
administrative and operational functions supporting those businesses. He
will also have responsibility for the development and coordination of
commercial and retail banking products and services across the Group’s
community banking markets: Bermuda, Barbados and the Cayman Islands.
Mr. O’Dea is a Chartered Accountant
who has worked in the financial services industry in the Cayman Islands for
over 20 years. He is a past President of the Cayman Islands Chamber of
Commerce, past President of the Cayman Islands Bankers Association, and
Vice-Chairman of Island Heritage Holdings Limited. Since Hurricane Ivan in
September 2004, Mr. O’Dea has acted as a Trustee and Vice Chairman of the
Cayman Islands National Recovery Fund.
Mr. Collins joined Butterfield in
August 2009 as Executive Vice President, Corporate Development. Since
joining, he has spearheaded several important initiatives at the Bank and was
instrumental in bringing Butterfield’s successful recapitalisation efforts to
completion in early March. I
n his capacity as Senior Executive
Vice President, Bermuda, Mr. Collins will have overall responsibility for all
of Butterfield’s customer-facing businesses in Bermuda—commercial and retail
banking, wealth management and custody, as well as the supporting human
resources, marketing and administrative functions. He will also chair the
Group Credit Committee, and have responsibility for the Group’s Asset
Management, Pension and Charitable Donations Committees.
Mr. Collins has 25 years of
experience in financial services, having held progressively senior positions at
JP Morgan in New York and later at HSBC in Bermuda, where he was the Chief
Operating Officer. Mr. Collins also serves as Chairman of Caron Bermuda.
He holds a BA in Economics from Brown University.
“Over the past several months, as
the Bank worked to address significant organisational challenges including the
need to secure additional capital, I have worked closely with Michael and
Conor,” said Butterfield’s President & Chief Executive Officer Bradford
“They are professional, experienced
and highly regarded bankers, and I have been very impressed with their
knowledge of the local markets for which they have been given responsibility.
We are fortunate to have them on the Butterfield team.”