Butterfield strengthens Jersey office with senior appointment
Butterfield has appointed Jackie Videgrain as Vice President of Risk for its operations in Jersey. The appointment strengthens the Bank’s risk management team as it continues its expansion in the Channel Islands.
With a financial services career spanning 35 years, Ms Videgrain has an extensive background in the banking, treasury trust and fund sectors. Her role will focus on Butterfield’s credit processes, including assessment and group policy adherence, in addition to maintaining effective operations through analysis and monitoring.
Noel McLaughlin, Managing Director of Butterfield in Jersey commented: “We are excited to welcome Jackie to the team. Her wealth of experience will add a depth of industry expertise and leadership experience as we continue to develop our Jersey presence; it’s great to have an expert like Jackie on board.”
Ms Videgrain said: “Having previously worked at Butterfield on a consultancy basis, I know the Bank has a great culture, with a strong work ethic and a wonderful team. My role has begun at a very unusual time and our team has worked incredibly hard to respond to the impact of the coronavirus, adapting to a completely unprecedented situation. Business continuity plans have been implemented to protect the workforce and we are working together to ensure the exceptional service Butterfield offers to its clients continues.”
Working alongside Ms Videgrain is Assistant Vice President of Operation and Credit Risk, Daniel Kitchen. Mr Kitchen was recently shortlisted for the Jersey Finance Rising Stars Award 2020, which recognises young talent within Jersey’s international finance industry. Daniel has taken responsibility for assisting with writing new department procedures and checklists and testing the operating processes. Nominated for his stand-out approach, colleagues commented that Daniel goes ‘above and beyond’ for his clients and team.
Voting for the awards is now open through the Rising Stars website and will close on 25 September 2020: www.risingstars.je. Winners will be announced on 13 November 2020.
Notes to Editors:
Butterfield is a full-service bank and wealth manager headquartered in Hamilton, Bermuda, providing services to clients from Bermuda, the Cayman Islands, Guernsey and Jersey, where our principal banking operations are located, and The Bahamas, Switzerland, Singapore and the United Kingdom, where we offer specialized financial services. Banking services comprise deposit, cash management and lending solutions for individual, business and institutional clients. Wealth management services are composed of trust, private banking, asset management and custody. In Bermuda, the Cayman Islands and Guernsey, we offer both banking and wealth management. In The Bahamas, Singapore and Switzerland, we offer select wealth management services. In the UK, we offer residential property lending. In Jersey, Butterfield Bank (Jersey) Limited offers select banking and wealth management services. The Bank of N.T. Butterfield & Son Limited is publicly traded on the New York Stock Exchange (symbol: NTB) and the Bermuda Stock Exchange (symbol: NTB.BH). Further details on the Butterfield Group can be obtained from our website at: www.butterfieldgroup.com.
Butterfield Bank (Jersey) Limited (“BBJL”) is regulated by the Jersey Financial Services Commission to conduct deposit-taking business under the Banking Business (Jersey) Law 1991 (as amended), and investment business, fund service business and money service business pursuant to the Financial Services (Jersey) Law 1998, (as amended). BBJL is registered under the Data Protection (Jersey) Law, 2018 and is registered with the Jersey Registrar of Companies for the purpose of the Companies (Jersey) Law 1991 (as amended). The registered address and principal place of business for BBJL is at: St Paul’s Gate, New Street, St Helier, Jersey JE4 5PU. Company registration number 124784. Butterfield Bank (Jersey) Limited is a participant in the Jersey Bank Depositors Compensation Scheme. The Scheme offers protection for eligible deposits of up to £50,000. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period. Full details of the Scheme and banking groups covered are available on the States of Jersey website www.gov.je/dcs, or on request.