Bermuda BDA CEO resigns; successor search begins

Ross Webber, the chief executive officer of Bermuda Business Development Agency (BDA), has stepped down from his position.

BDA said that Webber will continue to work with the agency, undertaking a consultancy role through the transition to new leadership.

As an independent, public-private organisation, the BDA promotes direct investment in Bermuda and helps international companies to start up, relocate or expand their business in Bermuda.

According to BDA board chair Paul Scope, an executive search for the replacement for the CEO role has been launched. The agency’s head of business development, Sean Moran, will take responsibility in the interim.

Scope said both the board and BDA employees will work together closely to facilitate a smooth changeover to new leadership. “I thank Ross on behalf of the BDA,” he said. “Under his leadership, the company has been transformed into a true business-development agency which the country can be proud of. We wish him well in the future.”

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