Carey Olsen has promoted Gavin Wood as a partner of its corporate practice in Bermuda.
Wood has nearly 10 years' experience in the Bermuda market, before this, he worked in London and New York.
He specialises in corporate finance, corporate structuring and insurance transactional and regulatory matters.
He has specific experience in the incorporation and licensing of (re)insurance companies, knowledge of listings on the Bermuda Stock Exchange and an understanding of alternative risk financing vehicles.
Commenting on his promotion, Wood said: "I am deeply honoured to have been promoted to the role of partner with Carey Olsen Bermuda."
"We have seen significant growth in a short space of time, driven in large part by the tremendous reception we received from the Bermuda market.”
He added: “We anticipate that all of our practice areas, including corporate and insurance, will continue to grow as the firm develops its presence in the jurisdiction, so it is an exciting time to be part of the Carey Olsen Bermuda team."
Michael Hanson, managing partner of Carey Olsen Bermuda, commented: "Gavin Wood's arrival earlier this year was a notable lateral hire for the firm and provided a very strong endorsement of what we were setting out to achieve from a corporate perspective.”