David Richardson began his professional career in the investment business over 20 years ago, working for one of Canada’s preeminent investment houses; Walwyn, Stodgell, Cochrane and Murray (now Merrill Lynch Canada).
In 1987 he joined the Bank of Bermuda in Bermuda as Portfolio Manager, where he personally oversaw the management of in excess of $350 million for the Bank’s top tier clientele. From there he moved to the Bank of Bermuda’s wholly owned trust subsidiary, Bermuda Trust Company serving as Assistant Manager and Director of Americas’ marketing activities.
A move to the Cayman Islands in 1996 saw new responsibilities for MeesPierson, the near 300 year old Dutch merchant/private bank (now owned by Fortis), serving as Head of Private Banking by successfully establishing that capability there.
Following this, he and his family moved to Nassau, Bahamas, acting as Managing Director for MeesPierson (Bahamas) Ltd. and Chairman of Lighthouse Capital Insurance Company (Fortis’ insurance affiliate in the Cayman Islands), directing marketing and strategic affairs for the Companies.
2003 through 2005 saw new tenure at Oceanic Bank and Trust Limited, as President of the Bank’s Insurance Specialty Unit.
Today, while remaining a Director of Lighthouse, David is now President and CEO of Mid-Ocean Consulting Ltd., which guides both institutions and individuals on sophisticated international structuring and private placement insurance related strategies.
Additionally, he sits on the board of a number of private foundations and a wide variety of private companies including several that are SEC registered in the United States.
He is a graduate of the ABA sponsored National Trust School at Northwestern University as well as possessing a number of present and past professional affiliations including a Member of STEP, the ITPA and the Bahamas International Insurance Association.
