Wednesday, March 11, 2015

Lines Overseas Management Regrets to Announce The Death of Donald Lines - Chairman Of LOM

1980s and ‘90s.  For his service to the Island, he was named a member of the Order of the British Empire by the Queen in 1989.
Mr Lines remained active in the business field, serving as the chairman of the LOM Group of Companies, Schroder Holdings Ltd, KFC (Bermuda) Ltd and as a director of more than 30 publicly listed companies.  He was also a founding member of the Bermuda Stock Exchange and the Institute of Chartered Accountants of Bermuda.  
His son, Scott Lines, yesterday described his father as a loving man dedicated to his family and Bermuda.  He said. “I think everyone knew him as the businessman and they knew him as the hard worker, but they didn’t know that he was a father who was always there for his children and his family.  As a father and  Chairman of LOM he imprinted his mark and imparted a depth of knowledge and wisdom.’   
“It was always about his family. Business was his hobby. He never put it above family or Bermuda.”
Bermuda MP, Glen Smith described Mr Lines as a personal mentor and a man who made a lasting impact on the Island.  “It is a great loss for Bermuda,” Mr Smith said. “He put Bermuda on the map, there’s no doubt about it. He put Bermuda in good straits for many decades and for future generations.”  “His presence was always large in any room he went into,” he said. “He was a great listener and he would always give advice, good advice”.
Former Premier and Finance Minister David Saul said that he respected the former banker as a business leader who made a major contribution to building the Island’s economy. Dr Saul said: “There is no doubt that Bermuda owes him a great debt for all of the work that he did to expand international business and indeed the Bank of Bermuda. Lots of businesses in Bermuda benefit from his efforts over the years.”
Finance Minister Bob Richards praised Mr Lines as a man of vision, saying: “He was a person of huge drive and imagination and he was really responsible for the global expansion of the bank.  He really made the Bank of Bermuda into the Island’s flagship corporate entity.”
Friend and professional colleague Greg Haycock said that just as Mr Lines had stewarded the Bank of Bermuda into an international business, so too did he bring the Institute of Chartered Accountants of Bermuda to an international standing by initiating its affiliation with the Canadian institute. Those higher standards proved significant in building Bermuda’s business reputation overseas.
“I was a close friend of Donald’s for many years and valued his friendship and support greatly,” he said. “I also had the benefit of spending a lot of personal time with him over the last seven years during his illness discussing his thoughts and hopes for Bermuda.
“Even during his long illness he was still very interested in the future and development of Bermuda as he had so much to do with creating the international business structure that we have today. Donald was the driving force behind the international growth of the Bank of Bermuda and the success that the Bank later achieved around the world.”

Mr. Lines is survived by his wife, Janine, and four children, Brian, Scott, Craig and Tricia.   
For more information on the financial company that Mr lines was a chairman of, and which his sons are directors of, visit the following links: