BoB Foundation Appoints Allison Towlson

June 22, 2019

Allison TowlsonThe Bank of Bermuda Foundation has appointed Allison Towlson as its new Managing Director who will be responsible for the overall management and direction of the Foundation.

A spokesperson said, “It is with great pleasure the Foundation announces the appointment of its new Managing Director, Allison Towlson.

“Allison has more than 30 years of experience in the insurance industry. She joined ACE Insurance in1998 as an Underwriter and rose to the position of Chief Operations Officer.

“Upon Ace’s acquisition of Chubb in 2016, Allison served as Senior Vice President, Distribution and Operations.

“Allison sat on the Board of the Bermuda Tourism Authority and served as a mentor under the Bermuda Foundation for Insurance Studies and is the past Chairperson of the Insurance Development Council [IDC].

“She brings great energy, enthusiasm and leadership experience to her new role at the Foundation. We look forward to seeing her continue her contribution to Bermuda with us.”

Ms Towlson said, “I am delighted to join the Foundation. It’s an exciting time to be part of this dynamic and well respected organisation. The Theory of Change, that the Foundation has recently embarked upon, really resonated with me as a Bermudian.

“The Foundation places a high value, not simply on equality, but more importantly on equity. I am eager to work with our experienced Board and talented team, to ensure we find ways to offer universal benefits for everyone in Bermuda, while targeting special support for those with need.

“I look forward to building meaningful partnerships within the non-profit community.”

The spokesperson said, “Allison will be responsible for the overall management and direction of the Foundation, reporting to the Chairman.

“She will work closely with Vivien Carter, the Foundation’s Director of Programmes, responsible for managing and building partnerships with non-profits through the Foundation’s grant cycles, as well as Kim Pratt, who manages the day to day administration.”

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Comments (2)

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  1. Cesa says:

    Congratulations Allison

  2. Jessie says:

    This is amazing news, Allison! Congratulations!