Somers Limited announced that J. Michael Collier has retired as a Director and Deputy Chairman of Somers. In addition the company also announced the appointment of Duncan Saville as a Director. Mr. Collier, a career banker, has served on the Somers Board as a Director and Deputy Chairman since the company was incorporated in 2012.

He was President and CEO of The Bank of N.T Butterfield & Son until he retired in 1996 after 33 years and Chairman of Bermuda Commercial Bank between 2010 and 2014. Mr. Saville is a Director of ICM Limited.