Three “illustrious Bermudians”, who have made significant contributions in their fields, have taken their places among an esteemed group at Bermuda College.

Andrew Banks, Peter Durhager and Wilbert Warner were inducted to the Company of Honorary Fellows at the college.

Mr Banks, the husband of former premier Dame Pamela Gordon Banks, is the co-founder of Boston-based equity firm ABRY Partners.

He said he was from “humble origins”. Mr Banks is involved in several international charities which work in education and healthcare in developing countries.

The former Rhodes Scholar is also an adviser to the boards of several university endowments. Mr Banks is a trustee of the Rhodes Trust at Oxford University in the UK, and at Johns Hopkins Medicine.

Mr Durhager has had a career that spans banking, telecommunications, technology, insurance and the energy sector.

He is an experienced entrepreneur, and co-led the bid to host the 2017 America’s Cup, which was delivered almost 20 per cent under budget and gave a total boost of $335 million to the island’s gross domestic product.

He said he believed in “giving while living”, and has contributed to communities through philanthropic organisations and social entrepreneurship.

The former president of RenaissanceRe Services was the founding chairman of the Bermuda Community Foundation and has served on the advisory board of the Centre on Philanthropy.

Mr Durhager, also a Justice of the Peace, was awarded the Richard J. Caron Award of Excellence for his efforts to establish the Caron Foundation and Treatment Centres for addiction in Bermuda.

He is chairman of the board at Ascendant Group, the parent company of Belco.

Mr Durhager is also a director of F&G Re, an affiliate of Fidelity & Guarantee Life Insurance Company, and a non-executive director of Harrington Re Holdings Ltd, and of Somers Ltd. His daughter Margaret accepted the honour on his behalf.

Dr Warner, an internal medicine specialist for 31 years, started his medical career in the health department as the police and prisons medical officer.

He said the establishment of a multidisciplinary HIV clinic at the King Edward VII Memorial Hospital in 1998, and the positive impact that it has had on many lives since then, was one of his proudest achievements.

He was also instrumental in several diagnostic improvements at the KEMH, which included the creation of a gastrointestinal endoscopic unit to screen for colon cancer. He modernised and updated intensive care protocols.

Dr Warner has also been a mentor to many younger Bermudian doctors. The philanthropist, who supports many organisations on the island, also sits on several boards and committees.

Duranda Greene, the Bermuda College president, welcomed guests to the event at the Coco Reef Resort.