The Tribune

Sterling Global Financial has expanded its executive team by hiring resort industry veteran, Bill Green, to head up a newly-launched subsidiary.

Mr Green, former senior vice-president of Intrawest, a luxury resort and adventure development company, will oversee the Bahamian-headquartered group's expansion into resort financing and management by becoming president of Sterling Global Developments.

Mr Green will also assume the post of chief investment officer at the parent, Sterling Global Financial, which specialises in real estate development financing.

Sterling's chairman, David Kosoy, said: "We are extremely pleased to announce the appointment of Bill Green to our team at Sterling Global Financial.

"Bill holds an almost singular position in the world of innovative resort development, recovery and redevelopment, having served in the most senior positions with both Intrawest, an unparalleled industry leader, and as managing director of Replay Resorts, a company that in only a few years has made a strong name for itself."

Steve Tiller, Sterling's chief operating officer, said Mr Green brings both training and experience in an area Sterling Global Financial is targeting for future growth.

"As we at Sterling increase our interests in funding resort and hospitality-related developments, redevelopments and work-out strategies, Bill will be a great asset, providing guidance from his impressive academic background and hands-on experience through dozens of projects in many countries and cultures," Mr Tiller noted.

Mr. Green holds an MBA from Harvard, which he achieved while studying as a cross-registrant at Massachusetts Institute of Technology in its Master of Science programme for real estate. Before joining Replay Resorts in 2005, he helped to found Live Work Learn Play LLP, a firm working on 41 developments in five countries.

Mr Green has also served as senior vice-president of Intrawest, with responsibility for its real estate development division that reported annual sales of about $250 million in eastern North America.

Among Sterling Global Financial's current Bahamas projects are ONE Cable Beach, Ocean Terraces, Courtyard by Marriott in Nassau, Thirty Six on Paradise Island, Matt Lowe's Cay and Powell Cay in Abaco, and Sky Beach in Eleuthera.