| September 13 2006 |
| FOR IMMEDIATE RELEASE |
| BIBA announces appointment of new Chief Executive Officer |
 HAMILTON, Bermuda - The Bermuda International Business Association is pleased to announce the appointment of Mrs. Cheryl Packwood as Chief Executive Officer. She will join BIBA on October 9th, 2006.
"With more than 20 years of both international and local experience, Mrs. Packwood brings a wide-range of talents and an outstanding reputation to this position," said Mr. Lloyd Wiggan, Chairman of BIBA. "We are most fortunate to have attracted someone of her caliber to assume the responsibilities of CEO and oversee the future growth of the Bermuda International Business Association. She brings to the position a wealth of knowledge of the financial services, legal and telecommunications sectors acquired both locally and internationally and the Board is confident that she will be successful in building on our existing strengths and guiding the organization as it moves forward in these challenging and competitive times." |
| In Bermuda, Mrs. Packwood has held senior positions as General Manager at Digicel Bermuda and also, the Bermuda Monetary Authority where she was General Manager, Corporate Services and Secretary to the Board of Directors as well as Director, Legal Service, Enforcement and International Affairs. Internationally, she was Managing Director of CORA for Western Wireless International Corporation and Counsel and Director of International Development for N'Goan, Asman & Associes, both in Abidjan, Cote d'Ivoire. Prior to moving to the Cote d'Ivoire, Mrs. Packwood also practiced law at Shearman & Sterling in New York City and also taught at the Martin Luther King, Jr. High School, also in New York. |
| Mrs. Packwood received her Bachelor of Arts degree, cum laude from Yale University and subsequently, a Juris Doctor Degree from Harvard Law School in 1987. She's fluent in both English and French and also speaks ‘fair' Spanish. In addition, she's internationally published, including co-author of the United States Chapter of Handbook on Lawyers' Confidentiality and has been a key-note speaker at a wide range of events. |
| END |
| About the Bermuda International Business Association |
| The Bermuda International Business Association (BIBA) is a business organization of Bermuda resident service providers who provide quality banking, legal, accounting, financial, trust, management and e-commerce services and products to the international client. BIBA works with the private sector and Government to develop and promote the island as one of the world’s foremost centers for international business. |
| For further information please contact: |
Cheryl Packwood
CEO
BIBA
Tel: 441-292-0638 |
