Mr Schrum joined Butterfield as Group Chief Financial Officer in September 2015. He previously served as CFO at HSBC Bank Bermuda. Mr Schrum has more than 20 years of financial services experience in London, New York and Bermuda, mainly in banking, insurance and tax. He joined HSBC in Bermuda in 2001 and held progressively more senior positions within the bank’s commercial banking, strategy, and finance divisions. He is a Chartered Financial Analyst and a Fellow of the Institute of Chartered Accountants in England and Wales. Mr Schrum holds Master’s (University of London) and Bachelor’s (Southern Denmark Business School) degrees in Economics. He lives in Bermuda with his wife and three children. In his spare time, Michael spends time as the Chairman of the Bermuda Community Foundation, the Honorary Consul for Denmark and likes to swim, hike and play golf.