By Rebecca Zuill

Bermuda Commercial Bank Ltd (BCB) has a new chief executive officer with British banker Peter Horton taking up the post this week.

It was announced in August that Mr Horton would take the reins of BCB.

Chairman Michael Collier stated at the time: “The process to identify a new CEO at BCB was extensive and we are pleased that Mr. Horton has agreed to join BCB. His experience in the banking sector in a number of jurisdictions will be an asset to BCB as we seek to continue to successfully grow the Bank.”

Mr. Horton spent two and a half years at the Bank of Maldives where he has been CEO and managing director. He has previously held senior posts at Barclays Bank in Africa, First Caribbean International Bank in the Bahamas and Turks and Caicos, and most recently the Bank of Maldives.”

Useful website: www.bcb.bm.