The Bermuda Monetary Authority (BMA) has appointed Shanna Lespere as its chief operations officer.
In her new position, effective immediately, Lespere will oversee the BMA’s operational functions including: communications, document management, enterprise risk management, facilities, finance and currency, human resources, information technology and project management.
“Lespere has been the ultimate team player at the [BMA}, and we are delighted that she’s agreed to take on this important role,” says Jeremy Cox, chief executive of the BMA.
“Worldwide, regulatory requirements have increased considerably over the past decade, and we’ve had to raise our standards accordingly. Being solid operationally is essential to ensuring we function as a world-class regulator and Bermuda remains a credible, trusted and respected jurisdiction.”
Lespere has been with the BMA for more than 10 years. She joined in 2004 as assistant director of the Banking, Trust and Investment Department’s investment group.
Since then she has worked throughout the organisation, including as director of the insurance department, director of licensing and authorisations and director of international affairs.
Lespere’s most recent position at the BMA was as director of operations.
Chairman of the BMA’s board of directors, Gerald Simons, added: “We know [Lespere] will continue to bring value to the organisation in her new and expanded position and we look forward to working even more closely with her.
“One of the key responsibilities of the board is to oversee the leadership of the BMA. The top team is excellent; [Lespere’s] promotion will strengthen it even further.”
Before joining the BMA, Lespere was a vice president at Aon Insurance Managers (Bermuda) having joined the company in 1996. She also worked in the audit and accounting departments of PriceWaterhouseCoopers (Bermuda).
