A STEP forward
Business Bermuda has offered a statement of support and welcome to members of the Society of Trust and Estate Practitioners (STEP) who have been attending the STEP Caribbean Conference at the Fairmont Southampton this week.Randall Krebs, chairman of STEP Bermuda and executive vice-president and general counsel of Meritus, introduced Cheryl Packwood, CEO of Business Bermuda, at the opening day luncheon to attendees from as far afield as the Caribbean, Latin America, Asia, Canada, Europe and the US.He said: “Ms Packwood is no stranger to our organisation and Business Bermuda is a key organisation in promoting Bermuda and our interests around the globe. We are pleased at the organisation’s support and encourage all Bermuda-based companies to become members of Business Bermuda.”In her remarks to the delegates at the luncheon, Ms Packwood said: “Business Bermuda was honoured to be asked to be the presenting sponsor of the prestigious STEP Caribbean Conference and we were honoured to accept the invitation. There was never a question of our participation and support and we are delighted to welcome some of the world’s leading trust and estate professionals to Bermuda.“This is an exciting opportunity for Bermuda to showcase its world-class hotel and conference facilities and to demonstrate our own expertise in the development of leading edge trust and estate business practices. Indeed, this is a challenging and important time for international financial centres as they redefine and clarify their role in the global economy.“At a time when the world is in turmoil, Bermuda stands out a safe jurisdiction. We are at the forefront of meeting global standards of regulation and transparency. This is an ideal time for our jurisdiction to be the host of this conference.”