Butterfield Trust Makes Senior Appointments To Cayman Office
Mr. Balleine will lead a team of 26 trust specialists. Ms. Nelson will focus her attention on business development activity in the region.
Mr. Balleine has more than 28 years’ experience in the international offshore financial services industry predominantly in wealth planning, trust and fiduciary administration. He has spent 18 years leading and managing trust businesses in Asia, the Channel Islands and the Caribbean working with ultra-high net worth families and advisers to establish complex wealth planning solutions.
Ms. Nelson qualified as a lawyer in the US and has more than 10 years’ experience in the area of trust and estate planning. She has worked extensively in wealth structuring and in business development in the wealth services arena in North America.
Executive Vice President and Head of Group Trust for Butterfield, Bob Moore, said the Cayman Islands office was a key part of the global trust business and the latest senior appointments reflect Butterfield’s commitment to building its skills and expertise in the international trust business line.
“We have clear plans for growth across our Group’s trust business and the Cayman Islands are an important and integral part of this strategy, complementing our range of fiduciary capabilities in key jurisdictions around the globe.” Mr. Moore said.
“Butterfield Trust aims to deliver top class service through respected specialists experienced in managing complex structuring arrangements for a wide variety of clients. Brian’s and Gina’s appointments are a further reflection of this commitment to professionalism and service excellence.”
The Bank of N.T. Butterfield & Son Limited (“Butterfield”) is Bermuda’s first and largest independent bank, and a specialist provider of international financial services. The Butterfield Group offers a full range of community banking services in Bermuda, Barbados and the Cayman Islands, encompassing retail and corporate banking and treasury activities. Butterfield also provides private banking, asset management and personal trust services from its headquarters in Bermuda and subsidiary offices in the Cayman Islands, Guernsey and the United Kingdom. In Switzerland and The Bahamas, Butterfield provides personal trust and company services. Butterfield is a publicly traded corporation with shares listed on the Bermuda and Cayman Islands stock exchanges. Butterfield’s share price is published daily in The Royal Gazette (www.theroyalgazette.com) and is also available on Bloomberg Financial Markets (symbol: NTB BH) and the Bermuda Stock Exchange website (www.bsx.com). Further details on the Butterfield Group can be obtained from their website at: www.butterfieldgroup.com.
Butterfield Trust is the marketing name used for the Trust business line conducted through six separately incorporated companies in The Bahamas, Bermuda, Cayman Islands, Guernsey, New Zealand and Switzerland which are part of the Butterfield Group