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Dallas lands new job at Butterfield

Kevin Dallas has landed a new job as group head of marketing and communications for Butterfield Bank.

Mr Dallas was previously chief executive officer of the Bermuda Tourism Authority from 2017 to February this year, when he stepped down after three successive years of record visitor numbers.

Butterfield announced the news mid a slew of management changes.

Mr Dallas, along with Sabeth Siddique and Bri Hidalgo will join the bank's executive committee this month, along with Jane Pearce, who was appointed group head of trust in February this year.

Mr Siddique has been appointed group chief risk officer. Mr Siddique was previously deputy chief risk officer at Buffalo, New York-based M&T Bank from 2013 to 2019, and prior to that, spent three years as director of governance, risk, and regulatory strategies at Deloitte.

From 2001 to 2010, Mr Siddique was assistant director, banking supervision and regulation and head of credit risk division at the Federal Reserve Board in Washington, DC.

Andrew Graham, Butterfield's current group chief risk officer, based in Guernsey, has been appointed CRO for Butterfield's growing Channel Islands business.

Bri Hidalgo has been appointed group head of compliance and operational risk. Ms Hidalgo joins Butterfield from Wells Fargo Bank, where she was CRO, wealth and investment management.

Prior to her 14 years with Wells Fargo, Ms Hidalgo worked in risk management and compliance for six years at Wachovia Securities and First State Investments in both the US and the UK.

Ms Hidalgo takes over the group compliance portfolio from Siân Dalrymple, who is retiring from Butterfield.

Mr Dallas, prior to joining the BTA, was chief product and marketing officer at Worldpay Group plc, a FTSE 100 global payment processor, from 2013 to 2016.

He had previously spent 13 years at Monitor Group LLP and Bain & Company Inc, as a partner, in London and Johannesburg.

Andrew Burns, group head of internal audit will become group head of human resources with a mandate to drive our efforts in talent management, diversity and inclusion, employee engagement, and succession planning.

Lilian Ling, who joined the bank's internal audit team from Citibank London in 2018, has been appointed group head of internal audit subject to Department of Immigration approval.

Elizabeth Bauman, group head of human resources, has opted to move up her planned retirement from Butterfield after a 38-year career in banking.

Michael Collins, Butterfield's chairman and CEO, said: “I am pleased to welcome Sabeth and Bri, two banking professionals with decades of experience in credit, market, cyber, compliance, conduct, and operational risk, to Butterfield.

“Our conservative credit strategy and focus on compliance and operational risk controls have positioned us well for the challenges of the global pandemic.

“As we prepare for an extended period of economic contraction and the resulting heightened risks to our loan portfolio, we have recruited these seasoned risk specialists to help manage our credit exposures, maintain stringent AML protocols, and control operational risk.

“I am also delighted to welcome Kevin to the Bank. He has 20 years of experience as a consultant and strategic marketing professional, delivering record-breaking visitor arrivals as CEO of the Bermuda Tourism Authority.

“Kevin will lead the roll out of the new Butterfield brand as we enhance our marketing capabilities to further increase Butterfield's strong market share with offshore financial intermediaries and high net worth clients.

“Since joining us in February, Jane has focused on increasing the efficiency of our strategically important Trust business, while looking for opportunities to grow organically and through acquisition. Jane will work closely with Kevin to improve our Trust client experience by meeting the needs of next generation beneficiaries, many of whom have become more focused on ESG investing, climate change, social equity, and philanthropy.”

New recruit: Kevin Dallas is to head marketing and communications at Butterfield Bank (File photograph)

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Published September 10, 2020 at 9:00 am (Updated September 10, 2020 at 9:19 am)

Dallas lands new job at Butterfield

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