E. Grant Gibbons, Ph.D. has been a Director since August 2006. Dr. Gibbons has been a member of the Bermuda parliament since 1994. He currently serves as the Minister for Economic Development in the Bermuda Government. He served as the Bermuda opposition shadow Minister of Finance from 1999 to 2006, and the Bermuda Minister of Finance from 1995 to 1998, where he had responsibility for fiscal policy, annual budgets and the regulation of financial services and insurance sectors. He was the Parliamentary Leader of the opposition United Bermuda Party from 2001 to 2006. He is a director of Edmund Gibbons Limited, Chairman of Colonial Group International, Ltd., a privately-held insurance company and serves as a director of several other private companies. Dr. Gibbons holds a B.S. from Brown University and a Ph.D. from Harvard University. He attended Oxford University as a Rhodes Scholar.