Geoff Scott is the new chief executive of the Bermuda Bankers Association.

Mr Scott succeeds Thomas O’Rourke, who has stepped down after four years in the role.

The incoming CEO has more than 30 years of experience in the financial services industry, starting his career in Canada and transitioning to Barbados in 2012 as chief risk officer at a leading Caribbean commercial bank.

Since 2018, Mr Scott has served on the board of directors of the National Commercial Bank of Anguilla Ltd, for which he is chairman.

Mr Scott said: “The BBA continues to have an important role to play in advocacy, education and communications – so that all Bermudians understand and benefit from our resilient and forward-looking local banks.”

Michael Neff, the outgoing BBA chairman, said: “Geoff succeeds Thomas O’Rourke, who was the first full-time CEO of the BBA and served in that capacity since 2018. Mr O’Rourke retired at the end of 2022 and we thank him greatly for all that he has done to strengthen the association and support the banking sector in Bermuda.”

New BBA chairman Steve Banner added: “I’d like to echo Michael’s sincere thanks to Tom and wish him the very best for his future. We extend a very warm welcome to Geoff and look forward to seeing the BBA continue to develop under his leadership.”