Spearing Appointed Head Of Private Banking

December 9, 2014

Clare Spearing, Head of Private BankingClarien Bank Limited announced the appointment of Clare Spearing as Head of Private Banking.

“Ms Spearing will be responsible for leading the new business efforts for private banking, providing overall strategic direction for the division, maintaining the Bank’s high level of client service and overseeing operational excellence for the group,” the bank said.

“Ms Spearing’s appointment reflects Clarien’s aim to become the pre-eminent financial institution for local Bermudian banking clients, while strengthening its international offering of sophisticated products and services, combined with top level investment advice to wealth management and private banking clients. She will report to Mr. Paul Finn, Head of Global Wealth Management for Clarien.”

Ms Spearing brings over 10 years of Bermuda based banking experience. She began her career in corporate banking at Butterfield Bank, Bermuda where she worked for seven years, ending in the role of Assistant Vice President of Relationship Management and Sales.

Following this, Ms Spearing spent two years with HSBC Bank Bermuda, where she was Vice President, Senior Relationship Manager of the commercial banking unit.

Most recently, Ms Spearing was Head of Operations at the Bermuda Business Development Agency [BDA] where she acted as the primary liaison between various Government Ministries, the Bermuda Monetary Authority and other international industry leaders.

Ian Truran, CEO of Clarien Bank Limited, said: “Miss Spearing brings over a decade of Bermudian banking experience, and holds strong relationships with not only local and international clients but many important key organisations across the island.

“At Clarien, while we have international ambitions, we remain firmly committed to the island of Bermuda and the talent we have here. Miss Spearing brings an expert knowledge and experience of the local banking environment and we look forward to welcoming her.”

Ross Webber, CEO of the Bermuda Business Development Agency [BDA] commented: “Clare has dedicated the last 18 months to laying the foundation for the BDA to thrive and flourish; her tireless work has provided us with the platform to help Bermuda succeed in the international business arena.

“She has been a loyal and tenacious stalwart for the BDA, and handled with aplomb the myriad changes that come with building a business from scratch. While we will miss her expertise, we are delighted she will join one of Bermuda’s leading financial institutions. We wish her all the best and look forward to continuing our relationship.”

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Comments (7)

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  1. agatha christie says:

    So the BDA loses another member of staff…… not great for an outfit trying to promote Bermuda…..

  2. bitter says:

    Err Agatha – do you have an axe to grind? You seem a little bitter.
    The BDA is doing fantastic work for the island – you need to swallow that bitter pill bye…

    • agatha christie says:

      No axe whatsoever. We need stability and it is shame that Clare is leaving so soon after the former CEO.

      • Unbelievable says:

        It’s not like Ms Spearing is the ONLY qualified person EVER for the job she left behind at the BDA. I’m sure there are a few folks out there. Chill out.

      • bitter says:

        All good bye – the new CEO has arrything under control…

  3. Bermuda123 says:

    Clare is moving on to a great new role (which she may not have got was it not for her experience at BDA). Let’s congratulate her……

    • Sandinthehourglass says:

      Clare has worked for both Butterfield Bank and HSBC. This (Clarien) is now the third bank she has worked for. Not sure what BDA had to do with it!? But I suppose experience is experience.