Lines Overseas Management Announces David Barker Appointed to the Investment Policy Committee
Hamilton, Bermuda – March 11th, 2008 – Lines Overseas Management Limited, a subsidiary of LOM (Holdings) Limited (BSX: LOM BH), announced today the appointment of David Barker to the firm’s Investment Policy Committee (“IPC”). Mr. Barker joined LOM in February with more than 20 years of experience in the international financial industry. Starting his career at the Bank of Bermuda, Mr. Barker, a Bermuda native, has significant accomplishments in the areas of global fixed income, foreign exchange, IR products, futures, derivatives and management. He is currently the manager of the LOM brokerage trading desk.
“We are very pleased to welcome David to the IPC.” added LOM CEO Scott Lines, “His length and breadth of experience in the global financial markets will be a valuable addition to LOM’s Investment Policy Committee and his insights will enable us to continue to provide superior investment results to our clients.”
The LOM Investment Policy Committee is a team of investment professionals that provide high-level, strategic guidance for the group’s investment portfolios. The committee does not recommend specific investments, but rather identifies areas of investment opportunity and risk created by current market and economic conditions. Through our Investment Policy Committee, clients have direct and indirect exposure to an organization of experienced professionals who are experts in a variety of specialty areas.
About LOM (Holdings) Limited
LOM is a publicly-held, international financial services company, providing a complete range of investment services and products through its regulated subsidiaries in Bermuda, Bahamas, and Grand Cayman. In business for over 15 years, LOM today has over $1 billion in client assets under administration and provides brokerage, asset management, corporate finance services to its primarily high net-worth individual and institutional customers in over 75 countries around the world. The parent company, LOM (Holdings) Limited, is publicly listed on the Bermuda Stock Exchange (symbol LOM BH). The consolidated group is debt-free and has shareholder’s equity of over $21 million.
