Butterfield chief risk officer Frumkin named COO
The Bank of N.T. Butterfield & Son Limited announced the following changes within its senior management team structure. Daniel Frumkin, previously Group Chief Risk Officer, has been appointed to the new role of Group Chief Operating Officer. In this capacity, he will be responsible for the Group's client-facing businesses, jurisdictions, technology, and operations. Andrew Graham, previously Chief Risk Officer and Head of Fiduciary Risk at Butterfield Bank Limited, has been named Group Chief Risk Officer, and the Bank's Risk Management function becomes part of the Finance division, reporting to Group Chief Financial Officer Michael Schrum. Compliance has been separated from Risk Management, and Sian Dalrymple, Group Head of Compliance, will join the Group Executive Committee, reporting directly to Chairman and Chief Executive Officer Michael Collins.