Mr. Ferrett has executive responsibility for the financial affairs of the Bank, the Treasury function in Bermuda and handles all matters relating to financial risk management and investor relations. He took on his current role in 1998, after serving as Senior Vice President and Head of Financial Risk Management for two years. Prior to joining Butterfield Bank he worked in the United Kingdom as Head of Funding and Balance Sheet Management at NatWest Global Financial Markets. He worked at the National Westminster Bank Group, U.K., for more than 25 years before moving to Bermuda. Mr. Ferrett is an Associate of the Chartered Institute of Bankers and a Member of the Association of Corporate Treasurers.