Philip Butterfield has announced that he will step down as chairman of the Bermuda Hospitals Charitable Trust at the end of this year.

Mr Butterfield, who has been at the helm of BHCT since inception 12 years ago, said in a statement: “I feel privileged to have worked with such extraordinary people over the past decade.

“Moreover, I am pleased with the generosity of so many individuals and organisations that supported the Why it Matters campaign.”

Mr Butterfield will remain involved with the BHCT, and hands over his seat to Jonathan Brewin at the end of the year.

As a former chairman of Bermuda Hospitals Board, on two separate occasions, and a founding BHCT trustee, Mr Brewin has more than 20 years of experience in hospital administration and healthcare management.

He stated: “I would like to thank Phil for his service to the Trust and the impact that has been made on the Island’s healthcare philanthropy.

“It is with his vision, dedication and leadership that the Trust has been able to accomplish such extraordinary feats in support of the Acute Care Wing.”

Mr Brewin is general manager of Sol Petroleum Bermuda Ltd and was Commodore of the Royal Bermuda Yacht Club in 2012-13. He is a board member of the Bermuda Chamber of Commerce and Age Concern.