Butterfield Bank UK MD departs

He has been replaced by Raymond Sykes, director & head of private banking, on an interim basis until a successor is found. Bogucki joined Butterfield in January 2007 with a background which included leading M&A activity. This is no longer a focus for Butterfield in the aftermath of the banking crisis and contributed to Bogucki making a decision to leave the group. Butterfield is now primarily focused on providing wealth management for private clients and SIPP banking facilities for a small number of professional trustees. The group's parent company Bank of N.T. Butterfield & Son re...