Effective January 1, 2023, the Board of Commissioners of Bermuda’s Regulatory Authority (RA) announced that Mr Abayomi Carmichael will assume the role of Chief Executive of the RA.

A spokesperson said: “Mr Carmichael’s key competencies and expertise will assist the RA in its current and future needs to meet both its statutory and additional functions, in its onboarding, and to promote innovation and develop economic conditions that enhance opportunities in the economy for all.”