BDA CEO Webber steps down; search for replacement begins


Ross Webber, the CEO of the Bermuda Business Development Agency (BDA), has stepped down from his position, prompting the BDA to search for a replacement.

Although Webber stepped down on May 17, he will continue to work with agency in a consultancy role through the transition to new leadership.

Paul Scope, board chair at the BDA, says the board will now launch an executive search to replace Webber.

Sean Moran, the agency's head of business development, will take responsibility in the interim.

“Having been integrally involved with the BDA since its inception, I am proud of what we’ve built and accomplished to date,” said Webber. “I will continue to support the agency during this transition, and I have great faith the BDA team will continue its excellent work.”

Scope said both the Board and BDA employees will work together closely to facilitate a smooth changeover to new leadership. “I thank Ross on behalf of the BDA,” he said. “Under his leadership, the company has been transformed into a true business-development agency which the country can be proud of. We wish him well in the future.

“The agency remains committed to its focus on proactive business development, jurisdictional advocacy, supporting our stakeholders, and fostering an environment to encourage economic growth on the island,” Scope added. “We have every confidence the dedicated and strong BDA team will continue to execute the BDA’s strategic priorities.”

Captive International recently spoke to Jereme Ramsay, business development manager at the BDA, about initiatives that are proving successful in generating growth from the Latin American and Canadian markets.

Click here to take part in our reader survey and help us keep on improving our website and magazines.

BDA, Ross Webber, Captive insurance, Bermuda

More on this story

BDA announces London and Miami forums

Captive International