BMA chairman of the board Simons retires
Gerald Simons has retired as chairman of the board of the Bermuda Monetary Authority, and will be succeeded by Jeremy Cox.
Other departures from the board are deputy chairman Allan Marshall and Peter Hardy.
Mr Simons has served on the board of the BMA for nine years, six of them as chairman.
Mr Cox was chief executive officer of the BMA. That position has now been combined into the role of executive chairman. He will be executive chairman for the next three years.
Mr Simons said: “Serving on the board of the BMA has been an honour and a privilege. It gave me a unique perspective of financial services. I have been impressed by the dedication of the board and the expertise and commitment of staff of the Authority at all levels.”
Mr Cox thanked the departing board members and wished them well in their future endeavours.
Mr Marshall has been a board member for six years, while Mr Hardy has served for three years.
Donald Scott, former secretary to the Cabinet and head of Civil Service, and financial secretary, has been appointed to the role of deputy chairman.
It was also announced that James Newsome and Francine Mason joined the board of the BMA late last year. Dr Newsome is a former chairman of the US Commodity Futures Trading Commission, and was CEO of the New York Mercantile Exchange. Ms Mason is a certified public accountant who has two decades of experience working in Bermuda’s trust sector.
Anger at government silence in town meeting
Judge: claim against law firm can proceed
Cookie company is sweet success for teenager
Somerset must take ‘stern action’
Davy guilty of heroin smuggling
Correctional and spiritual guidance
End of an era as Bluck’s closes its doors
A response to the Premier: stop it!
Wyer suffers racist abuse from Trojans fans
Blakeney leaves gaming commission
Social media helps identify avocado thief
Planned developments to add 240 rooms
Sentence extended for gas station theft
Take Our Poll
- "Your new year's resolutions for 2019"
- Quit smoking
- Quit drinking/drink in moderation
- Do not drink and drive
- Lose weight
- Stop procrastinating
- Drive with greater care
- Total Votes: 2607
- Poll Archive