Jeremy Cox will succeed Matthew Elderfield as CEO of the BMA at the beginning of next year. Matthew Elderfield, the current CEO of the BMA, is stepping down at the end of this year to take up the post of director of financial regulation at the Central Bank of Ireland. Mr Cox has been the BMA’s deputy CEO for the past two years and will lead the strategic direction and operational developments at the BMA, as well as overseeing ongoing enhancements to Bermuda’s regulatory framework for financial services. Mr Cox recognises that there are challenges facing financial supervisors around the world, especially in the wake of the financial crisis and that the BMA has a pivotal role in supporting Bermuda’s interests. Mr Cox is looking forward to leading the BMA’s efforts in that regard with the Board of Directors and the staff of the BMA and has said that Bermuda remains fully committed to applying effective regulations that are in line with international standards.

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