The Association of Bermuda International Companies (ABIC) this week announced the appointment of Richard Winchell to the new post of executive director.

Mr. Winchell, an experienced management professional, has more than 25 years of experience in management and organisational development in both the public and international business sectors. He is currently a director of SRS Bermuda, a position he plans to retain.

Mr. Winchell will work closely with the board of ABIC to develop communications and services for member companies and strengthen partnerships with regulatory, government and professional organisations. ?This new position has been created to better serve and address the needs of the membership,? said ABIC president David Ezekiel. ?We believe Richard is well qualified to implement, on a day-to-day basis, ABIC?s objectives to develop, encourage, promote and protect the financial and general business interests and economic well being of its members and Bermuda.?

?I am very pleased to accept this new role with ABIC,? Mr. Winchell said. ?This is an exciting opportunity to work with and serve a committed board and membership of this very important sector of the Bermuda economy.

?ABIC?s members employ the vast majority of staff in international business in Bermuda and we work to ensure that Bermuda is sustainable as the premier centre from which to conduct international business.?