John Tugwell

    Insider Talking: November 30, 1997

    US depositors withdraw $14 million after losing confidence in Cayman Islands, John Jefferson Jr. seeks to sell his shares in Cayman fast-food franchises, mystery surrounds the awarding of a Class 'A' bank license in Cayman to Euro Bank Corp. following a $2 million payment, John Tugwell says he quit as Bank of Bermuda CEO for "personal reasons", Bermuda Gov't Minister Quinton Edness makes difficult-to-believe claim about why Police Commissioner was fired, Bermuda Governor Thorold Masefield takes the public for idiots, did Maples & Calder senior partner Tony Travers really receive $6 million in annual dividends?, profits of First Bermuda Securities revealed, Bermuda lawyer Lynda Milligan-Whyte turns $67,200 into $500,000 at First Bermuda Securities.

    John Tugwell announces resignation as Bank of Butterfield CEO after just 15 weeks

    The shock resignation of Bank of Butterfield CEO John Tugwell last week just 15 weeks into a five-year contract remains a mystery.Unusually for a small community like Bermuda, no-one appears to know with any certainty exactly why Tugwell announced his resignation, which will take effect once a replacement is found.

    John Tugwell takes over as Bank of Butterfield CEO

    The Bank of N. T. Butterfield & Son Ltd., which is headquartered in Bermuda and has regional offices in several overseas jurisdictions, including a large presence in the Cayman Islands, has appointed John Tugwell as president and chief executive officer, effective May 5.