Butterfield Makes Senior Management Appointments
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Michael Schrum, President and Group Chief Risk Officer, The Bank of N.T. Butterfield & Son Limited (Photo: Business Wire)
Mr. Schrum, who has served as Group Chief Financial Officer since 2015 and an Executive Director since 2020, takes over from Sabeth Siddique, Group Chief Risk Officer, who is to leave Butterfield at the end of May and will continue to be available in an advisory capacity. Mr. Bridgewater, who has served as Group Head of Finance since 2019, assumes the role of Group Chief Financial Officer.
Michael Collins, Butterfield’s Chairman and Chief Executive Officer, said, “I congratulate Craig and Michael on their new appointments. As industry professionals with extensive experience and service to Butterfield, their knowledge and oversight is valued as we continue to execute our strategy for long-term growth.
“I extend my thanks to Sabeth for his contributions and thought leadership. In addition to managing our credit exposure during pandemic-related uncertainties and economic contraction, the risk management enhancements he has made have been impactful and will continue to serve us well.”
Mr. Schrum has more than 25 years of financial services experience in
Mr. Bridgewater was previously a Partner at KPMG where he spent 18 years working in both
About Butterfield:
Butterfield is a full-service bank and wealth manager headquartered in
BF-All
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Investor Relations Contact:
Noah Fields
Investor Relations
The Bank of N.T. Butterfield & Son Limited
Phone : (441) 299 3816
E-mail : [email protected]
Media Relations Contact:
Nicky Stevens
Group Strategic Marketing & Communications
The Bank of N.T. Butterfield & Son Limited
Phone: (441) 299 1624
E-mail: [email protected]
Source: The Bank of N.T. Butterfield & Son Limited