Simon Des-Etages has been appointed as General Counsel and Group Chief Legal Officer by The Bank of N.T. Butterfield & Son Limited, with effect from March 18, 2024. Shaun Morris, who held the position for the previous twelve years until deciding to retire, is succeeded by Mr. Des-Etages.
Chairman and CEO Michael Collins stated: They are happy to welcome Simon to Butterfield and look forward to working with him on behalf of the Board and the Executive Team. Simon is a great asset to the Group because of his vast and pertinent expertise assisting banks on legal and regulatory issues. We sincerely appreciate Shaun’s guidance, leadership, and important accomplishments during his tenure at Butterfield, and we wish him the best in his retirement.
With a focus on the financial sector, Mr. Des-Etages has over thirty years of experience practicing law in London, New York, Bermuda, and the Cayman Islands. Before joining American Express to provide support to the trade finance, treasury, and securities teams, he began his career as an attorney in private practice, first in the London offices of Slaughter and May and then Baker and MacKenzie. After that, Mr. Des-Etages relocated to Merrill Lynch, where he worked as a senior counsel in the Global Private Client Group for eight years. His most recent position was Global Head of Legal for HSBC’s Global Private Banking and Wealth Management division. Since joining the bank in 2004, he has held increasingly high positions. He graduated with a Bachelor of Laws from the University of Essex in the United Kingdom and a Master of Laws (LLM) from University College London.
With its main office in Hamilton, Bermuda, Butterfield is a full-service bank and wealth manager serving customers from Bermuda, the Cayman Islands, Guernsey, and Jersey. We also provide specialized financial services to clients in the United Kingdom, The Bahamas, Switzerland, and Singapore. Deposit, cash management, and loan options are all included in banking services for individual, corporate, and institutional customers. Trust, private banking, asset management, and custody are the components of wealth management services. We provide wealth management as well as banking in Guernsey, the Cayman Islands, and Bermuda. We provide a limited range of wealth management services in The Bahamas, Singapore and Switzerland. We provide finance for residential properties in the UK. We provide a limited range of banking and wealth management services in Jersey. Butterfield trades openly on the NTB and NTB.BH stock exchanges in New York and Bermuda, respectively.
