Clarien Bank has appointed Sean Moran as the new senior vice-president, head of business development.

With more than 20 years experience in the financial services industry in Bermuda, Asia and North America, Mr Moran will lead and coordinate Clarien’s business development and sales efforts, primarily for the wealth management and commercial banking functions locally and across other markets.

“We are extremely pleased to welcome Sean to Clarien Bank,” said Clarien chief executive officer Ian Truran. “I believe his stellar relationship management skills, enthusiastic demeanour and attention to detail will be a huge asset to our team in our ongoing efforts to become best wealth manager in the region.”

Mr Moran was educated in Bermuda and Canada and holds a Bachelor of Aarts (Honours) from Queen’s University in Kingston, Ontario. With extensive experience in the financial services industry, he specialises in hedge funds and alternative investments, having worked at Bank of Bermuda (HSBC), Butterfield Fulcrum (now MUFG Fund Services) and Citibank in various capacities. He spent three years working in Hong Kong and 14 years in New York before returning to Bermuda in 2014 to join the Bermuda Business Development Agency, where he drove job creation and economic growth in Bermuda’s international business sector.

Mr Moran was thrilled to be joining Clarien’s dynamic team at this stage of the bank’s evolution.

“I’ve watched over the years as Clarien developed from a small savings and loan institution into a well-capitalised, full-service bank,” he said. “Today, they have an active, highly visible presence in the local financial sector and the community at large.

“Now as a member of the Portland Holdings family, Clarien’s capabilities and reach have expanded. There are countless opportunities to grow the client base both locally and internationally. I look forward to helping Clarien achieve its wealth management goals, leveraging its unique combination of investment skill, trust and estate planning expertise and credit and lending capabilities. Clarien has a lot to offer and I’m excited to begin spreading that message far and wide.”

For more information, visit www.clarienbank.com.