The Tribune

The Bank of Butterfield selected Nassau as the location for a key meeting between its trust business leaders. The Bermuda-headquarterd bank’s trust business development forum was held at its offices in the Montague Sterling Centre.

Executives representing Butterfield Trust offices in Guernsey, Switzerland, Bermuda, Cayman and the Bahamas gathered for a two-day forum in which the strategy and objectives were established, and goals set, for moving the business forward in 2013.

Julien Martel, managing director of Butterfield’s Bahamas operation, said: “This was the inaugural meeting of the group’s trust business development team, and it was beneficial for the representatives to be together in the Bahamas.

“Butterfield is focused on growing its trust business, and the Bahamas was an ideal geographical location in which to meet face-to-face and draw up a comprehensive plan for the development of our global business. In particular, we see our Bahamian operation as a key asset in strengthening our position in our chosen markets, as we continue to provide fiduciary services to meet the needs of our clients and their advisers internationally.”

The meeting was chaired by Brian Acton, Guernsey-based head of marketing and business development for Butterfield’s trust businesses. He said: “We are developing our business on a global basis and, as the Bahamas is regarded as a jurisdiction of choice for a wide number of clients, and in particular the Latin American and Asian markets, it seems logical to hold this strategic meeting in such an important jurisdiction for our business.”

Mr Martel attended the STEP Asia conference in Hong Kong immediately following the forum.