New Butterfield Vice Chairman: Barclay Simmons

June 28, 2012

The Board of Directors of The Bank of N.T. Butterfield & Son Limited today [June 28] announced that Barclay Simmons has been appointed Vice Chairman, filling the role vacated by Robert Steinhoff upon his retirement on 1 May 2012.

Mr. Simmons has served on the Bank’s Board as a Non-Executive Director and a member of the Risk Policy & Compliance and Compensation & Human Resources Committees since April 2011.

Mr. Simmons was appointed Managing Partner of law firm Attride-Stirling & Woloniecki  [ASW] in January 2006. Prior to re-joining ASW, he was an investment banker with Goldman Sachs & Company in New York. Mr. Simmons was part of the litigation team that founded ASW in 1999.

Outside of ASW, Mr. Simmons’ focus is on the financial services industry and he serves as a director on several boards in this space. In addition to serving as a Director at Butterfield, Mr. Simmons is a Director at Argus Group Holdings Limited, where he sits on the Investment Committee, a Director at the Bermuda Monetary Authority, where he is Chairman of the Investment Committee, and a member of the five-person Public Funds Investment Committee.

Mr. Simmons holds an MBA from the Harvard Business School and an LLB (Hons) from the University of Kent at Canterbury. He was called to the Bar of England & Wales in 1997 and the Bermuda Bar in 1998.

Brendan McDonagh, Butterfield’s Executive Chairman, said, “We are pleased that Barclay has accepted the position of Vice Chairman of the Board. His professional experience in law, investment banking and regulatory matters, along with his direct involvement in helping shape the current strategy for enhancing Shareholder value, made Barclay the ideal candidate for the position.”

Mr. Simmons said, “Serving on Butterfield’s Board during a key period in the Bank’s recovery has been an exciting and rewarding experience. I am honoured that my fellow Directors have chosen to appoint me Vice Chairman, and I look forward to continuing to work with them in developing Butterfield’s key businesses, ensuring the Bank continues to adhere to world-class governance protocols and building value in the franchise for the benefit of all of the Bank’s stakeholders.”

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Comments (27)

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  1. andre says:

    Congratulations and Best Wishes! – respice finem

  2. Layney says:

    Congratulations and Best Wishes from a your very proud sister. -Respice Finem

    • Tongue-in-cheek says:

      What’s with all the Respice Finems…ah, Berkeleyites, eh?

  3. Everard & Edna Simmons says:

    Congratulations on your appointment, Barclay!

    A friend from Church e-mailed me about the article on “bernews”.

    We love you, and as you know, we are very proud of you and your accomplishments. However, more importantly, we are proud of you because you are a special, generous and kind person.

    Keep God beside you in all that you do.

    Love,

    Mom & Dad

  4. Luis Pereira says:

    Congratulations Barclay from Luis Danika and Sophia.

  5. Specialgirl4YOu says:

    I am so happy for you Barclay. Congratulations and best wishes, no better person could have recieved this position. I know you are a great person for this post, as I know you fairly well !! Alpha Phi Alpha man…the best…taking over Bermuda it looks like it!! lol…

  6. Tony, Carol and the girls says:

    Congratulations Barclay!

  7. Marc G Daniels says:

    Congrats Barclay! Your appointment will serve Bermuda well!

  8. Nicholas Scaife says:

    Congratulations Barclay. With a name like Barclay, you can’t go wrong in the banking sector. Well done my friend!

  9. Marlon says:

    Its a wonderful thing to witness. All the very to you Uncle B.

    • Tongue-in-cheek says:

      I think you mean ‘all the very best to you…’ sweetie.

      • Marlon says:

        Yes yes. Thank you for cleaning that up for me :-)

  10. pebblebeach says:

    Congratulations, yes indeed, but will his appointmen increase the common share value…that is what needs to occur…

  11. Berlene Smith says:

    Congratulation, Barclay! May God continue to bless you in all that you do!

  12. Gino says:

    Uncle B, so very proud of you. I wish you only the best. It’s a great feeling to look in the paper and say..I know that guy and I know he is deserving.

  13. Jessie Masters says:

    Congrats Barclay!

  14. Eugenia Roberts says:

    Congratulations Barclay!

  15. Pearl says:

    Congrats Barclay!!

  16. Erika Robinson-Wales says:

    Congratulations Barclay!

  17. Pastor Syl Hayward says:

    Well, my special cousin! Yet another reason to be proud of you! You are so deserving. You have worked hard, achieved much, yet have remained humble, upstanding, Godly, and full of integrity. May the Light that you are grow ever brighter. Know that you are loved and prayed for always.

  18. Roseanne says:

    Congratulations, Barclay, on your appointment. I am most proud of your accomplishments.

    Roseanne Astwood.

  19. Selena Thomas says:

    Barclay,
    Congrats to you! You have always had the qualities of a leader. Wishing you all the best in your new post.

    Selena

  20. Jeff Sousa says:

    Barclay I was delighted to see you were appointed to the Board at the Bank of N.T Butterfield & Son Ltd.I know you will utilize the vast experience you have to assist Bermuda’s oldest bank in these very trying economic times.
    Congratulations my friend.

  21. Bundi says:

    Congrats Barclay well deserved mate.

    Bundi.

  22. Marty Thomas says:

    Congratulations Barclay! All the very best from the Thomases in the north.