Key Takeaways
- • Hamilton Reserve Bank (HRB) has appointed Robert Stern, former National Senior Medical Director of Anthem Blue Cross, to its International Advisory Board to support strategic development, according to a Business Wire release.
- • HRB, described in the release as the largest global bank headquartered in the Caribbean, reports US$25+ billion in custodial assets and deposits and serves clients from 150 countries.
- • Chairman Rt. Hon. Sir Tony Baldry said HRB has renewed its banking license for calendar year 2027 under its perpetual banking charter and has a clean BSA and AML compliance record.
- • Stern brings executive experience in strategy, healthcare networks, insurance businesses and corporate development, and is based in Palm Beach, Florida.
Summary
Stern previously served as National Senior Medical Director at Anthem Blue Cross and has held principal roles in several insurance businesses, including AmWINS-affiliated organizations. The release also cites his role as Co-Founder of Bureau 27 and his position as a Board Member and Strategic Advisor for Family Office Network. His public service includes a term as Commissioner of the State of Connecticut's Second Injury Fund, and he served as Vice Chairman of the Board of Directors for WW2 Veterans Memorial Hospital. The release says his background spans strategy, healthcare networks and corporate development.
In a statement, Rt. Hon. Sir Tony Baldry, DL, Chairman of Hamilton Reserve Bank, said the bank had successfully renewed its banking license for 2027 under its perpetual banking charter. He said HRB has a spotless BSA and AML compliance history and that the International Advisory Board values its members' talent in guiding growth.
The release is promotional in nature and includes a company boilerplate describing HRB's crypto-enabled services, Temenos-powered e-banking platform, and affiliate AAA Global Incorporation & Trust in Nevis. The announcement does not disclose the terms of Stern's appointment or any financial details beyond the bank's reported asset figures.
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