The Bermuda Monetary Authority has appointed Shanna Lespere as its chief operations officer (COO).
In her new position, effective immediately, Lespere will oversee the authority’s operational functions – communications, document management, enterprise risk management, facilities, finance and currency, human resources, information technology and project management.
Lespere has been with the authority 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 organization, including as director of the Insurance Department, director of Licensing and Authorisations, director of Supervision, Insurance – Complex Institutions, and director of International Affairs.
Lespere’s most recent position at the authority was director, Operations. Before joining the authority, Lespere was a vice president at Aon Insurance Managers (Bermuda) Ltd. having joined the company in 1996. She also worked in the audit and accounting departments of PriceWaterhouseCoopers (Bermuda) while studying towards her Certified Management Accountant (CMA) designation.
“It’s important for the authority to have a strong COO at this stage in our evolution,” said Jeremy Cox, chief executive. “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.”
Chairman of the authority’s board of directors, Gerald Simons, welcomed the appointment of Lespere to her new role. “We know Shanna will continue to bring value to the organization in her new and expanded position and we look forward to working even more closely with her,” he said. “One of the key responsibilities of the board is to oversee the leadership of the BMA. The top team is excellent; Shanna’s promotion will strengthen it even further.”
Source: Bermuda Monetary Authority
Was this article valuable?
Here are more articles you may enjoy.