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Capital G appoints new senior managers

Capital G Bank Ltd. has appointed two new senior managers to its ranks and promoted another employee.

Roderick Goom, a Canadian, joins the bank as a consultant in credit review and lending after a lifetime career in senior executive positions in the global banking industry spent in the USA, Canada, UK, Bermuda, Africa and the Middle East.

Mr. Goom served with the Royal Bank of Canada for more than 20 years, and has extensive experience in strategic planning, bank operations, risk management, and leadership in product innovation and implementation.

Most recently, he worked as a consultant to a Geneva-based Swiss Private Bank, and was president of Fidelity Bank (Bahamas) Ltd., formerly the British American Bank (1993) Ltd.

Bermudian Barbara Tannock, CFA, has been appointed head of private banking at the bank.

Ms. Tannock was most recently vice-president of pensions and investments at Colonial Group International in Bermuda, where she managed a multi-currency portfolio of group, pension and life assets across the group's principal operating jurisdictions in Bermuda, the Cayman Islands and the Bahamas.

Ms. Tannock has 18 years of progressive asset management and private banking experience on the Island, and has held senior executive positions in the areas of private client and trust management, investment compliance, portfolio management, treasury and credit.

Kenneth Dill, another Bermudian, has also been promoted to the newly-created position of relationship management in branch banking.

Mr. joined Capital G in March 2008 and has a wealth of experience in banking locally.

In his new role, he will be primarily responsible for relationship management of the bank's retail banking customers.

John Kephart, president and CEO of Capital G Bank, said: "The bank's ability to attract people with a wealth of knowledge and experience in product innovation, team leadership and customer service is a positive step forward in the growth and expansion of the bank.

"With the introduction of these key members of the leadership team, and the recent launch of our new banking system, we look forward to further enhancing our customers' relationship with Capital G Bank.

"These new appointments are confirmation of our commitment to offering our customers new and innovative products in combination with superior customer service standards.

"Customers can expect the introduction of new products and services in the coming months, such as business banking, cheque books, and integrated wealth management."

Butterfield Fulcrum Group has appointed Joost Löbler as managing director of business development for Europe, Middle East and Asia.

Based in the firm's London office, Mr. Löbler will be responsible for overseeing the co-ordination and development of sales in Europe, Middle East and Asia.

He brings 20 years experience in global fund administration and investment banking to Butterfield Fulcrum Group most recently serving as managing director for Equity Fund Services, part of the Equity Trust Group.

Earlier, Mr. Löbler spent 17 years at Fortis, where he held several roles, including chief commercial officer for Fortis Prime Fund Solutions.

"Europe, Middle East and Asia will continue to be significant growth areas for alternative investments and asset management, and we are pleased to have such an experienced and knowledgeable business development director to tackle these regions," said Akshaya Bhargava, CEO of Butterfield Fulcrum Group.

"With our recently announced merger, Butterfield Fulcrum Group has both the resources and talent to become the leading fund administrator in these high growth markets."

The recent merger of Butterfield Fund Services and Fulcrum Group positions the new entity as one of the top five independent fund administrators in the world.

"I am excited to be joining at this stage in the development of the new group," said Mr. Löbler. "Butterfield Fulcrum Group's independence, advanced technological capabilities and operating model will appeal to the best of breed in existing and new funds across the alternative space.

"More than ever, in the current economic climate, it is important to reassure investors with high quality and transparent service."