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Butterfield names Pearce group head of trust

Jane Pearce has been appointed group head of trust at Butterfield Bank, the organisation revealed today in a filing with the Bermuda Stock Exchange.

Ms Pearce replaces Bob Moore, who is retiring after more than 22 years with the company. Her appointment is subject to regulatory approval. She will be based in Guernsey.

Butterfield also announced that Paul Hodgson, formerly managing director of Butterfield Trust (Guernsey) Ltd, has been appointed to the role of deputy group head of trust, while Lindsay Ozanne, formerly deputy managing director, replaces Mr Hodgson.

Michael Collins, Butterfield's chairman and chief executive officer, said: “I would like to thank Bob for his many contributions to Butterfield in Guernsey and to our trust businesses internationally. Under his leadership, Butterfield Trust has grown substantially and earned a well-deserved reputation for excellence.

“Working alongside Bob, Paul and Lindsay have been instrumental in the development of Butterfield Trust into the pre-eminent provider of offshore trust services. In their new roles, they will ensure a continuity of our successful approach to business growth, client service and risk management.

“As our new group head of trust, Jane joins a strong and innovative management team; one that shares her vision for the development of our core trust business and which will benefit from her extensive experience in the field.”

Ms Pearce was most recently regional managing director of Vistra's United Kingdom, Ireland and Channel Islands businesses. Prior to joining Vistra in 2015, she held increasingly senior positions at several Jersey-based firms, including EY, Deutsche Bank, Kleinwort Benson, and Ogier. She has been named to the Citywealth leaders list each of the last five years, and the IFC powerwomen top 200 list each year from 2015 to 2019, Butterfield said.

Mr Hodgson will work closely with Ms Pearce on the execution of a long-term strategy to continue to enhance the position of Butterfield Trust in the market, the evaluation of new business opportunities and the ongoing development of core product and service capabilities.

He has been with Butterfield since 2000 and was named managing director of Butterfield Trust (Guernsey) Ltd in 2003. He has been named one of the top 20 leading trustees in Citywealth's leaders list since 2007, and one of EPrivateclient's 50 most influential in 2020.

Ms Ozanne has more than 30 years' experience in trust and fiduciary services.

She joined Butterfield in 2016 after more than two decades with RBC in Guernsey. At Butterfield, she has been responsible for the management of the client relationship team and was integral to the successful acquisition and integration of Deutsche Bank's global trust solutions business in 2018. She was named to the Citywealth IFC powerwomen top 200 list in 2017 and 2018.

Butterfield Trust comprises separately incorporated trust companies in seven international financial centres, offering international clients and their advisers a wide range of structures and services for the protection and transfer of wealth across generations.

Butterfield Bank: hired new group head of trust (File photograph)

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Published January 28, 2020 at 10:22 am (Updated January 28, 2020 at 10:22 am)

Butterfield names Pearce group head of trust

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