Scorpio Partnership, Standard Chartered Private Bank and SEI (NASDAQ: SEIC) announced January 17 the launch of the 2012 Futurewealth Report: A Client Revolution.

This is the third worldwide Futurewealth survey, which captures insight from 3,300 high-net-worth individuals (HNWIs).

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Prime Minister Hubert Ingraham greets Public Hospitals Authority managing director Herbert Brown upon the Prime Minister’s arrival to Freeport to officially open the new multimillion dollar Accident/Emergency Urgent Care Centre and Operating Theatre at the Rand Memorial Hospital. (BIS Photo/Sharon Turner)

Left picture: Dr. Gregory Bartlett, GB Health Services Medical Chief of Staff; Herbert Brown, Managing Director of the Public Hospitals Authority; Prime Minister Hubert Ingraham and Health Minister Dr. Hubert Minnis. Right picture: The first physicians to practice at the Rand Memorial Hospital upon its conception over 40 years ago. (BIS Photo/Sharon Turner)

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This is an excerpt from ZNS Network as it appeared on January 19, 2012. For updates or to read the current version of this post in its entirety, please click here.

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The Bahamas Association of Compliance Officers (BACO) has announced that it will award the prestigious Cheryl Bazard Founding President Award to Wendy Warren, former chief executive officer and executive director of the Bahamas Financial Services Board (BFSB).

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Over the last few months, it has been widely reported that Kerzner International has been in the process of offloading its Atlantis Paradise Island resort, its Bahamas One&Only Ocean Club and its One&Only Palmilla in Mexico to Toronto real estate and asset management company Brookfield Asset Management in a debt-for-equity swap.

The move came after Kerzner International failed in November last year to renegotiate terms on a $2.6 billion debt.

Earlier this month, Sir Sol Kerzner also announced that he was stepping down as chief executive officer and the reins were being handed over to long-standing Kerzner executive Alan Liebman.

However, this week Brookfield sensationally announced it was pulling out of the deal following a court injunction acquired by senior Kerzner International creditors.

At this point, the ownership of the Paradise Island properties is still in doubt, although Kerzner has said it will continue to operate the resort and other properties for the foreseeable future.

scotterill@dupuch.com

British High Commissioner Howard Drake met with Governor-General Sir Arthur Foulkes January 14 to discuss arrangements for the upcoming visit to The Bahamas of Prince Harry.

Prince Harry will be visiting the Commonwealth country as part of the celebrations marking Queen Elizabeth II’s Diamond Jubilee.

Pictured from left to right: John Hourihan, chief inspector; Jamie Lowther-Pinuerton, private secretary to Prince Charles; High Commissioner Drake; Sir Arthur; Peter Young, British Honorary Consul; Miguel Head, press secretary to Prince Harry; and Melvin Seymour, secretary to the Governor-General (BIS Photo/Derek Smith)

Governor General Sir Arthur Foulkes (right) meets Ernesto Soberón Guzmán, Ambassador of the Republic of Cuba, at Government House, January 17. (BIS Photo/Derek Smith)

The Bahamas’ economic freedom score is 68, making its economy the 46th “freest” economy in the world, according to 2012 Index of Economic Freedom report released by The Heritage Foundation in partnership with The Wall Street Journal.

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Bahamas Petroleum Corp has announced today that the initial processing of the Pearl 3D seismic survey has been completed.

“Data quality is excellent and data volumes have been received in both time and depth,” according to the company.

Detailed interpretation is now underway and will form the basis for well location selection, well design and planning.

Further processing will be carried out during 1Q early 2Q, along with more detailed analysis and interpretation refined for specific targets, mapping of seismic facies and attributes analysis.

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Buckeye Partners, LP, announced today that Clark Smith, Buckeye’s president and chief operating officer, has been elected to succeed Forrest Wylie as Buckeye’s chief executive officer and has been appointed to fill a newly created seat on the board of directors of Buckeye’s general partner, each effective as of February 10, 2012.

Wylie will continue to serve as non-executive chairman, where he will remain active in developing Buckeye’s strategic vision.

Smith will retain the office of president of Buckeye, in addition to his new role as CEO.

“As President and COO, Clark Smith has played a central role in developing our common vision and successfully executing our strategy, in addition to capably directing Buckeye’s operations,” said Wylie. “The board is extremely confident in Clark’s ability to lead the organization as CEO and continue our track-record of improving financial performance while expanding our portfolio of assets.”

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