The Tribune

A Canadian firm has hired former National Insurance Board (NIB) actuary, Derek Osborne, to head a newly-established Bahamian subsidiary that will spearhead its pension consulting business in the Caribbean.

Morneau Shepell, a publicly-listed Canadian firm offering human resources consulting and outsourcing services, has revealed the creation of Morneau Shepell (Bahamas), based in Nassau.

It has hired Mr Osborne, a senior pension actuary and expert in social security schemes, who has been servicing government and business clients in the Bahamas, Caribbean and South America for more than 15 years.

“We are extremely pleased that Derek Osborne has joined Morneau Shepell,” said Al Kiel, its managing partner and international practice leader.

“Derek’s reputation as an expert in social security and a leading pensions actuary in the Caribbean will significantly enhance our market presence in the region, and is an endorsement in providing exceptional service to our clients.”

“With this strategic hire, we are expanding our international pension consulting business,” added Mr Kiel. “It is also in line with our calculated plan to grow our business profitably through growth that complements our existing service offerings, and expands our market presence.”

“It is with great enthusiasm that I join Morneau Shepell in the retirement solutions and international practice area,” said Mr Osborne. “I am delighted to become a part of Canada’s largest human resources consulting and outsourcing firm. Working for Morneau Shepell will give me access to the latest technology and a network of professionals locally and internationally to serve our clients.”

Mr Osborne has served clients in 12 countries in the Caribbean and South America for more than 15 years.