Hamilton, Bermuda and George Town, Grand Cayman: The Bank of N.T. Butterfield & Son Limited (“Butterfield”) today announced that Mrs. Sophia Harris has been appointed Chair of the Board of Directors of its wholly-owned subsidiary, Butterfield Bank (Cayman) Limited, effective 6 November 2012.

Mrs. Harris, who has served as a non-executive director on the Cayman Board since 2002, is the Managing Partner and founder of Solomon Harris, a leading independent law firm in the Cayman Islands.

Mrs. Harris has served as Chairwoman of the Immigration Department’s Business Staffing Plan Board of the Cayman Islands and is currently Chairwoman of the Immigration Appeals Tribunal.  She has also served on the Board of Governors of the University College of the Cayman Islands.  Mrs. Harris is a past President of the Rotary Club of Grand Cayman and the Chamber of Commerce, a council member of the Cayman Islands Law Society and sat as a council member of the Caymanian Bar Association.

Mrs. Harris holds a degree from the University of Liverpool and was called to the Cayman Bar in 1991.  She practiced with Hunter & Hunter (now Appleby) before establishing Solomon Harris in 1998.

Conor O’Dea, Managing Director of Butterfield Bank (Cayman) Limited and Senior Executive Vice President, International Banking at Butterfield, said, “We are fortunate to have had Sophia serve as a Director for more than ten years and we are pleased she has accepted the position of Chair.  The Board will continue to benefit from Sophia’s perspective and specialised knowledge of the international financial services industry.”

The composition of the Board of Directors of Butterfield Bank (Cayman) Limited is as follows:

Sophia Harris (Chair)

Managing Partner, Solomon Harris

Michael McWatt

Deputy Managing Director, Butterfield Bank (Cayman) Limited

Conor O’Dea

Managing Director, Butterfield Bank (Cayman) Limited and Senior Executive Vice President, International Banking at Butterfield Group

James E. O’Neill

Managing Director, Frapag Finance Ltd.

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 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 our website at: www.butterfieldgroup.com.