Endurance Appoints Philip Butterfield To Board
Bermuda-based re/insurer Endurance Specialty Holdings Ltd. today [Dec 1] announced that its Board of Directors had appointed Philip M. Butterfield as a non-executive director of the Company.
Mr. Butterfield is Chairman of the Board of HSBC Bank Bermuda Limited having served as Chief Executive Officer from February 2004 until May 2012.
Prior to this, Mr. Butterfield held the position of Chief Operating Officer with responsibility for the direction and oversight globally of HSBC Bank Bermuda Limited’s Operations, Systems, Human Resources, Audit, Compliance, Legal and Programme Management Office.
Mr. Butterfield joined HSBC Bank Bermuda Limited in 2000 as Chief Administration Officer. Before joining HSBC Bank Bermuda Limited, Mr. Butterfield held a number of senior positions in Private Banking, Corporate Banking, Operations and Technology, and Human Resources with Citibank, which he joined in 1972.
Mr. Butterfield is also Chairman of the Bermuda Hospitals Charitable Trust, a member of the Steering Committee for Bermuda First, President of Bermuda Health Foundation, Chairman of the Victor Scott School Alumni Association and a board member of the Bank of Bermuda Foundation, Johns Hopkins Medicine and the American Classical Orchestra.
John R. Charman, Chairman and Chief Executive Officer of Endurance, commented, “I am extremely pleased to welcome Phil to our Board of Directors.
“His extensive knowledge of the Bermuda business environment and years of experience leading financial services institutions will be great assets to the Endurance Board. We look forward to his insights as we continue to transform Endurance to be a larger and more relevant organization for our business partners.”
