Kiernan Bell – Chair
COMPANY: APPLEBY (BERMUDA) LIMITED
POSITION: Bermuda Group Head, Dispute Resolution Team
Kiernan Bell is the former managing partner and current Bermuda Group Head of the Dispute Resolution Team of Appleby (Bermuda) Limited. A commercial litigator, she served on the Bermuda Bar Council 2000–11, and as Bermuda Bar President 2009–11; she is also former chair of the Council’s Continuing Legal Education Committee. Kiernan currently serves as a member of the Insurance Appeals Tribunal and Chair of the Immigration Appeals Tribunal, and is also a director of HSBC (Bermuda). She is a member of the Bermuda Bar Association, the International Bar Association, the Chartered Institute of Arbitrators and INSOL.
A regular contributor to industry publications, Kiernan has written for Getting the Deal Through and Dispute Resolution Review. She is the author of the Bermuda chapter of Greene on Shareholder Claims (Jordans 2012), and “Arrangements, Amalgamations and Re-Domestications” in Offshore Commercial Law in Bermuda (ed. Kawaley CJ, Wildy, Simmonds & Hill: 2013).
POSITION: Deputy Chair
Fiona Beck is an experienced non-executive director, currently serving on the boards of several telecommunication and technology companies in Bermuda, Cayman Islands and Mauritius. She joined the BDA Board in 2016.
Fiona is Deputy Chair of Bermuda telecommunication provider KeyTech and Chair of the telecommunications group of America’s Cup Bermuda Ltd, delivering key telecommunication requirements for the 2017 event. She has extensive links to the Bermuda telecommunication network and the global submarine fibre-optic industry, having served as past president and CEO of Southern Cross Cable Network, a multi-national telecommunication company providing Internet connectivity from Australia and New Zealand to the West Coast of the US. Fiona is also past president of Sub Optic, the industry body for the global submarine cable sector.
COMPANY: SENIAC Consulting
Wayne is a former CEO of Digicel Bermuda and now heads a telecommunications and organisational management firm serving local and international companies. He also sits on several boards, including the Bermuda Employers Council, Stevedoring Services, Bermuda Chamber of Commerce, and the Bermuda Police Service Complaints & Discipline Committee, and is a Member of Young Presidents Organization (YPO).
A lawyer and trained infantry officer, Wayne served a nine-year tour of duty in the Bermuda Regiment, achieving the rank of Captain before retiring from the local defence force. He was employed for seven years as a Crown Counsel at the Bermuda Department of Public Prosecutions and also served as Senior Counsel on the Drug Court Prosecution.
Previously, he has held senior roles in the Bermuda government, including Chief of Staff, and Senator with responsibilities as Junior Minister of Tourism, Transport, Environment and Sport.
COMPANY: INDEPENDENT DIRECTOR
David has been involved with the promotion of Bermuda’s international business sector since 2009, and is a founding member of the BDA’s Board of Directors, also acting as the agency’s interim chief executive officer in 2014.
David was chief executive officer at Bermuda-based specialty insurer and reinsurer Endurance Specialty Holdings between 2010–13, having previously served as the company’s chief underwriting officer. He joined Endurance at its inception in 2001 as the company’s chief actuary.
Prior to Endurance, David worked for subsidiaries of Zurich Financial Services in New York and Bermuda, as well as a consulting actuary with Tillinghast/Towers Perrin. He holds an MSc in Mathematics from Oxford University, UK, which he attended as a Rhodes Scholar. A native Bermudian, he is a fellow of the Casualty Actuarial Society and a member of the American Academy of Actuaries.
COMPANY: BUSINESS DEVELOPMENT UNIT (BDU), MINISTRY OF ECONOMIC DEVELOPMENT
POSITION: Senior Manager
Lydia manages the operations of the BDU, which include working in partnership with the BDA industry focus groups, government departments, and other stakeholders to facilitate legislative and policy reform. The BDU also works closely with the BDA to provide assistance to new businesses seeking to establish operations in Bermuda. She joined the BDA Board in 2014 and serves as government liaison.
A native of Washington, DC, Lydia has substantial experience in public service, including working as an attorney in the US federal and District of Columbia governments. She has provided legal representation and support on employment litigation and tax matters, major infrastructure projects, commercial development projects, housing redevelopments, and other community development projects.
Prior to joining the BDU, Lydia worked in the Office of Project Management and Procurement in the Bermuda government’s Cabinet Office. She is admitted to the Bar in both Washington DC and the state of Maryland.
COMPANY: INDEPENDENT DIRECTOR
Caroline is an independent non-executive director in the financial services industry. The former chair of BDA and current chair of the BDA Board’s Finance and Audit Committee, she also sits on the boards of several other companies, including Hiscox and two of its subsidiaries, Butterfield Bank, and a Bermuda run-off property & casualty reinsurer funded by private equity.
Caroline was a partner with PwC Bermuda, latterly leading its re/insurance industry practice until she retired in 2012 to begin a portfolio non-executive career. Her three-year tenure as BDA chair saw the agency’s efforts lead to the formation of new companies, the creation of new jobs, and an upswing in national GDP.
Caroline is a fellow of the Institute of Chartered Accountants in England and Wales, a member of the Institute of Chartered Professional Accountants of Bermuda, and a member of the Institute of Directors.
COMPANY: Lombard Odier Trust (Bermuda) Limited
POSITION: Senior Vice President and Trust Relationship Manager
Andrea has been involved with the BDA since 2013 as leader of its Trust & Private Client Focus Group. She helped drive national law-reform initiatives and assisted with bringing a major annual event, Transcontinental Trusts International Forum, to Bermuda. She joined the BDA Board in 2016.
A Bermudian, Andrea has worked on the island in the trust industry for more than 20 years, and with Lombard Odier since 2004. She is a member of the Society of Trust & Estate Practitioners (STEP).
Andrea acts as liaison for the trust industry on the BDA Board, and continues to serve as a member of the agency’s Trust and Private Client Focus Group.
COMPANY: EY Bermuda
POSITION: Partner, Financial Services
Jessel joined the BDA Board in 2015, after working closely with the agency in recent years to help develop the asset management Industry. Notably, he led the Bermuda asset management task force, and, as a member of the BDA’s Asset Management Working Group, he has been actively involved with initiatives aimed at increasing business in Bermuda’s fund sector, including a 2013 interactive forum with leading US lawyers which resulted in the passage of new funds legislation for the island.
Based in Bermuda for the past 20 years, Jessel is a partner in the Bahamas, Bermuda, British Virgin Islands and Cayman Islands sub-area of EY’s Financial Services Office. He is the partner in charge of many of EY’s larger hedge-fund audits falling under US, Canadian, and international reporting requirements.
As a BDA Board member, he will act as liaison for the asset management industry.
COMPANY: Willis Towers Watson Bermuda
As Chairman of Willis Towers Watson Bermuda (WTW), Paul Scope oversees its Bermuda based operations. WTW has had a strong presence in Bermuda since 1979 and employs approximately 40 full-time staff on the island who focus on a range of activities, including alternative risk transfer, direct insurance, reinsurance, captives, life insurance and annuity.
Before joining WTW, Paul was chairman and chief executive officer of JLT Park, the Bermuda-based specialty (re) insurance division of UK-listed broker Jardine Lloyd Thompson (JLT). He has spent 30 years in the Bermuda market and 40 years in the insurance industry. From 2003–07 he was chairman and CEO of the Park Group which had offices in Bermuda, London, New York, Chicago, Philadelphia, Toronto and San Francisco. In 1989, Paul established Park International, one of the first major independent wholesale brokers in Bermuda that later became Park Bermuda and was acquired by JLT in 2007.
COMPANY: Independent DIRECTOR
Derek is a chartered accountant with 30 years’ experience in the financial services industry. He currently serves as an independent director on the boards of several public and private investment funds, insurance companies and private-client structures, and chairs the audit and risk committees for several of these.
A former partner in Ernst & Young’s Financial Services Office, Derek spent 20 years with EY Bermuda, holding a number of positions, including several years as the leader of its Investment Funds Practice. In 2006, he joined Ernst & Young’s Global Asset Management Group, where he specialised in the alternative investment industry before leaving the firm in 2009.
Derek is a member of the Institutes of Chartered Accountants of Scotland, Bermuda and Canada.
COMPANY: Bermuda Business Development Agency (BDA)
POSITION: Chief Executive Officer
Ross Webber joined the BDA as CEO in 2014, having served as a Board Director since inception. Under his tenure, the BDA has achieved business development successes across multi-industry sectors, including new company formations, job creation and five consecutive quarters of national GDP growth. The agency has also won strong support from government, regulatory and corporate stakeholders. Notably, Ross has been a strong advocate overseas for the jurisdiction’s blue-chip reputation, compliance and transparency. A former permanent secretary for the Bermuda government’s Ministry of Economic Development, Ross was previously head of global marketing and business development for international law firm Conyers Dill & Pearman. He holds an MBA in Insurance and Financial Risk Management from St. John’s University, New York, and is a member of the Institute of Directors (MIoD).
COMPANY: RenaissanceRe Holdings Ltd
POSITION: Senior Vice President and Group General Counsel
Stephen serves as RenaissanceRe’s chief legal officer, with responsibility for legal, regulatory, government affairs and compliance matters on a global basis. He also serves as Chair of the RenaissanceRe Risk Sciences Foundation, the company’s charitable vehicle committed to researching and developing risk-mitigation techniques and raising awareness through conferences and outreach events, including the award-winning Risk Mitigation Leadership Forum series.
Stephen joined RenaissanceRe as General Counsel and Secretary in 2002 from Willkie Farr & Gallagher LLP, a leading international law firm. He has been a member of RenaissanceRe’s Executive Committee since March 2006. A frequent speaker on legal, regulatory and mitigation-related matters, he serves on the boards of several industry and charitable groups. Stephen is a graduate of Columbia College, NY, and Harvard Law School.