Cheryl-Ann Lister Appointed Independent Director of AXIS Capital Board
Pembroke, Bermuda, 9/19/2008
AXIS Capital Holdings Limited
("AXIS Capital") (NYSE: AXS) today announced that the Company's Board of Directors has appointed Cheryl-Ann Lister
to its Board as an independent director.
Mrs. Lister will serve as a Class II Director and as a member of the Audit Committee of the Board.
Michael Butt, Chairman of AXIS Capital, said: "We are pleased to welcome Cheryl-Ann Lister to AXIS Capital's Board of Directors.
brings a wealth of experience as a distinguished investment professional and a regulator."
Mrs. Lister currently serves as a consultant to the Bermuda Ministry of Justice on matters relating to Anti-Money Laundering and Anti-Terrorism financing.
From 1999 through 2006, Mrs. Lister
served in both the Chairman and CEO roles at the Bermuda Monetary Authority
, which is responsible for regulating and supervising financial institutions in Bermuda.
Mrs. Lister began her career in 1980 at the Bank of N. T. Butterfield & Son Limited as the manager of the investment department at Bermuda Commercial Bank in 1987.
In 1992, she joined EBT Securities Limited, a privately held international investment trading company and ultimately served as Managing Director of the company with responsibilities for the Bermuda and Brazil operations.
Mrs. Lister was a founding member and President of the Bermuda Society of Financial Analysts.
She also served as a Governor for the Association of Investment Management and Research (now the CFA Institute).
In addition, she served as the President of the International Society of Financial Analysts.
A Bermuda Government scholar, Mrs. Lister received her B.S. with Honors in Probability & Statistics from Queens University in 1978 and her M.B.A. in Finance from the University of Toronto in 1980.
Mrs. Lister is also a Chartered Financial Analyst (CFA).