The Bank of N.T. Butterfield & Son Limited Announces Board Appointments
August 13, 2020 at 04:30 pm EDT
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The Bank of N.T. Butterfield & Son Limited in the Annual General Meeting held on August 12, 2020 approved the election of new directors Leslie Godridge and Jana Schreuder. Godridge is a senior financial executive with significant experience and proven success building and leading major businesses, spending nearly 40 years of her career at Bank of New York and U.S. Bancorp. Until her retirement in June 2020, Ms. Godridge served as Vice Chairman, Director, U.S. Bank N.A. and Co-Head, Corporate and Commercial Banking, where she was responsible for $220 billion in loan commitments and 3,500 employees. Schreuder is a seasoned executive who most recently served as Executive Vice President and Chief Operating Officer of Northern Trust Corporation, a role from which she retired in 2018. Ms. Schreuder joined Northern Trust in 1980 and during her tenure held multiple roles as a member of the executive management team, including: the President of Wealth Management from 2011 through 2014; President of Operations & Technology from 2007 through 2010; and Chief Risk Officer from 2005 through 2006. Ms. Schreuder currently serves as a Director and Compensation Committee member of Blucora Inc.
The Bank of N.T. Butterfield & Son Limited (the Bank) is a full-service bank and wealth manager. The Bank operates its business through three geographic segments: Bermuda, the Cayman Islands, and the Channel Islands and the United Kingdom (UK), where its principal banking operations are located and where it offers specialized financial services. The Bank offers banking services, comprised of retail and corporate banking, and wealth management, which consists of trust, private banking, and asset management. In the Bermuda and Cayman Islands segments, the Bank offers both banking and wealth management. In the Channel Islands and the UK segment, the Bank offers wealth management and residential property lending. The Bank also has operations in the jurisdictions of The Bahamas, Canada, Mauritius, Singapore and Switzerland, which are included in its Other segment. The Bank offers a set of lending products and services including residential mortgage lending, automobile lending, and others.