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Ryan Robinson Perinchief Appointed Credit Union CEO

The Bermuda Credit Union Co-op. Society today announced that Ryan Robinson Perinchief was appointed Chief Executive Officer & General Manager of the Credit Union earlier this year, taking over from Micah Davis who served for 14 years until his retirement in March.

Mr. Robinson Perinchief has been a dedicated member of the Credit Union for over ten years, having joined the Board of Directors in January 2022 and serving as 2nd Vice President before being identified as CEO Designate in 2023. He fully transitioned from the Board to full-time management of the Credit Union at the start of January 2024.

A certified Credit Union Development Educator and Commercial Banking & Credit Analyst, Mr. Robinson Perinchief holds a Bachelor of Laws from Durham University, a Postgraduate Diploma in Legal Practice from BPP University, and a Master’s in Public Policy from the University of Oxford, where he studied as a Rhodes Scholar.

He was called to the Bermuda bar as a Barrister & Attorney, Notary Public, and Commissioner of Oaths in 2023, and has also served as the Founder & Director of Future Leaders Bermuda since 2017, a registered non-profit which works to empower the next generation of leaders.

Prior to leadership of the Credit Union, Mr. Robinson Perinchief began his professional career in public service, including in Cabinet’s Economic Recovery Project Management Office and as Policy Analyst & Advisor to the Acting Financial Secretary at the Ministry of Finance Headquarters. He completed his legal training at Conyers Dill & Pearman.

President and Board Chair Renee Jones stated, “First, I would like to thank Mr. Davis for his 14 years of service to the Credit Union. He has overseen significant growth and development during his tenure, and we wish him the best in his future endeavors.

On behalf of the Board, we are thrilled to have Ryan Robinson Perinchief lead the Credit Union into a new era. In his new role, he is committed to operational excellence and enhancing our member experience. His strategic priorities include strengthening our regulatory and compliance framework, revising our lending policies, and spearheading modernization efforts to ensure our services are both efficient and cutting-edge.

Bro. Robinson Perinchief’s transition to CEO follows a thoughtful and comprehensive succession plan, endorsed by the Board, outgoing CEO, and key institutional stakeholders. Since being identified as the next CEO, he has engaged in an extensive training and knowledge transfer process in addition to international engagement within our regional Credit Union Co-operative network – including successful completion of the 50th Caribbean Credit Union Development Educator’s Program in Castries, St. Lucia, where he was named class valedictorian. He has been integral to the Credit Union’s operations during the handover period and his deep passion for our co-operative philosophy, coupled with his legal and policy acumen, positions him ideally to lead our organization forward.

Having shown a comprehensive understanding of our Credit Union’s strategic vision and a firm commitment to its growth and success from his time on the Board as 2nd Vice President, we are confident that his unique blend of skills and experiences aligns well with our commitment to making a difference in the lives of our members. Mr. Robinson Perinchief enjoys the full support of the Board, and we are excited for the future of the Credit Union under his leadership.”

Ryan Robinson Perinchief stated, “I’d like to thank Mr. Davis, the Board, my BCU colleagues and fellow members for trusting me to serve as CEO at this pivotal time. The Bermuda Credit Union has a rich history and an ambitious mission to become a first-class financial institution of choice for all of Bermuda, and I look forward to working with our dedicated team to fulfil this mandate for the benefit of our members and the entire community.”

About Bermuda Credit Union

Founded in 1972 by the leaders of the Bermuda Industrial Union, the Bermuda Credit Union Co-op. Society is a member-owned, not-for-profit, cooperative financial institution offering a full range of financial products and services.

In 2017, the organization changed its name from the B.I.U. Members Credit Union to the Bermuda Credit Union, reflecting the widening of membership to include sister unions and other community organizations.

The common bond was ultimately widened fully in December 2023, when the Credit Union voted to open eligibility for membership to all persons living and working in Bermuda. For more information about BCU, visit www.bcu.bm.