Since 2012, Mr. Weale is a non-executive director of Cripps Foundation and serves as a non-executive director for some of its subsidiaries. He is also a member of the Audit Committee.
Mr. Weale has over 32 years of professional financial management and accounting experience in the insurance/reinsurance industry. Until November 2011, he was Chief Financial Officer of Catalina Holdings (Bermuda) Ltd., which acquires and manages non-life insurance and reinsurance companies and portfolios in run-off. Prior to this role, Mr. Weale spent over 13 years at IPCRe Limited and IPC Holdings, Ltd., a Bermuda publicly listed reinsurance company that specialised in the property catastrophe business, which merged with Validus Holdings Ltd in 2009. At IPC, he was Chief Financial Officer starting in June 1996, Executive Vice President from July 2008, and Interim President and Chief Executive Officer during 2009. Previously, he held various positions at American International Company, Limited, including Vice President – Insurance Management Services. Mr. Weale has also served as chairman and audit committee member of Butterfield Money Market Fund Limited and Butterfield Liquid Reserve Fund Limited, and as a director of Butterfield Select Fund Limited.
Mr. Weale holds a Bachelor’s degree in Accounting & Finance from Bristol Polytechnic, now the University of West England. He is a fellow of the Chartered Institute of Management Accountants and is a Chartered Global Management Accountant (a designation issued jointly by the Chartered Institute of Management Accountants and the American Institute of Certified Public Accountants).
“A man’s true wealth is the good he does in this world.”