Robin Richmond and Dominic Powell were promoted to the position of managers in Investment Management while Shelley Harvey has become the new investment executive in Investment Management.

Schroders (Bermuda) Limited executive vice president Peter Everson said: "Since the establishment of the Investment Management Department as a separate department in 1995, all of the team members have been Bermudians.'' The company has grown to a point where it now employs 32 staff and further growth is expected in the future, continued Mr. Everson. He noted the upcoming sale of the investment banking division of Schroders plc was expected to provide additional opportunities for the local company.

ACE EMPLOYEES Shelley Harvey Dominic Powell Robin Richmond