BILTIR Creates Three New Board Positions

September 9, 2020 | 0 Comments

Bermuda International Long Term Insurers and Reinsurers [BILTIR] announced it has created three new positions on its Board of Directors.

A spokesperson said, “Sylvia Oliveira, a current Board member, takes up the position of Chair. Ms Oliveira, who is Chair and CEO of Wilton Re Bermuda, has more than 25 years’ experience in the insurance industry, and is also Chief Risk Officer at the Wilton Re group. Ms. Olivera is also a Board member of the Association of Bermuda International Companies [ABIC].

Sylvia Oliveira, Thomas Olunloyo, and Frank ‘Chip’ Gillis

Oliveira, Olunloyo and Gillis Bermuda Sept 2020

“Thomas Olunloyo, who is CEO of Legal & General Reinsurance and is also a current Board member, is appointed to Vice-Chair. Prior to becoming CEO, Mr. Olunloyo was the Chief Actuary and Chief Investment Officer of L&G Re. Mr. Olunloyo is also a Board member of the Association of Bermuda International Companies [ABIC].

“Frank ‘Chip’ Gillis, an industry veteran who was one of the founder members of BILTIR in 2011, is appointed to the advisory role of Director Emeritus. Mr. Gillis was a co-founder of Athene Holding and is a Board member of the Association of Bermuda International Companies [ABIC] and Bermuda College.”

“I am very excited to begin work with Sylvia, Thomas and Chip in their new BILTIR roles,” said BILTIR Executive Director Ronnie Klein. “The organisation has grown in size, prominence and effectiveness since it was founded in 2011. These appointments will facilitate BILTIR’s strong commitment to provide real value to its membership and to Bermuda.”

BILTIR represents 65 long-term insurance, reinsurance and servicing companies in Bermuda who provide life and annuity products and employ 725 people on the island.

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