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21 August 2014
Hamilton, Bermuda
Reporter Stephen Durham

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Three new appointments for Bermuda's BDA

The Bermuda Business Development Agency (BDA) has appointed three senior executives: new CEO Ross Webber and Business Development Managers (BDMs), Sean Moran and Jereme Ramsay.

The BDA said: “[Webber] has been involved with the BDA since inception as a member of the board of directors.”

“He joined the BDA from the Government of Bermuda where he was permanent secretary of the Ministry of Education and Economic Development, following a successful career in Bermuda’s international insurance sector in underwriting and business development roles with ACE and AIG.”

Webber also served as global head of marketing and business development for Conyers Dill & Pearman.

In their new roles as BDMs, Moran and Ramsay will encourage investment in Bermuda by providing information and resources to companies that are deciding on their business jurisdiction.

The press release stated: “The BDMs will work directly with companies to assist in setting up their Bermuda operations by liaising with the Bermuda Government, the Bermuda Monetary Authority and industry professionals.”

“Moran and Ramsay will also work closely with existing businesses to support business development initiatives in Bermuda and overseas.”

Moran brings over 15 years of financial services experience, most recently serving as vice president of Citi Hedge Fund Services for Citigroup, New York, since 2011.

Prior to Citi, he held senior roles with Butterfield Fulcrum Group as director of business development and with HSBC Alternative Fund Services as client relationship manager.

Ramsay served as planning and governance manager for HSBC Bank Bermuda and was responsible for strategic planning and marketing governance for both retail and wealth management divisions.

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