Mount Desert Island Hospital has announced that Michael W. Bonsey, a Senior Vice President of Bar Harbor Bank & Trust, has joined the Hospital’s Board of Trustees.
“I’m pleased to be invited to participate in the leadership of an organization that is beneficial to the health, well being and vitality of so many of my friends and neighbors,” said Mr. Bonsey.
Mr. Bonsey, who has twenty years experience in banking, fills a Board vacancy left by the recent resignation of John “Jock” Williams who served on the Hospital Board for seven years. “We are greatly appreciative of Jock’s dedication to MDI Hospital,” said Hospital Board Chair Dean Read. “I’m sure I speak for the entire Board when I say his efforts and commitment to this Hospital and this community will be missed. However, Jock continues to be a friend of the hospital and we will continue to benefit from his assistance,” added Mr. Read.
Mr. Bonsey, who holds a Masters of Business Administration, began his banking career in 1986 with Fleet Bank in Lewiston. Since then, Mr. Bonsey has held leadership positions in the commercial loan departments of Atlantic Bank, Kingfield Bank, Key Bank, and Bar Harbor Bank & Trust.
As the Senior Vice President of Credit Administration, Mr. Bonsey oversees a staff of nine to maintain strong credit quality. Mr. Bonsey serves as Chair of the Bank’s Senior Loan Officer Committees, and advises the Director’s Loan Committee. His responsibilities also include advising and supporting the Bank’s commercial lending staff, approving credit as one of four Senior Signors, serving on the Bank’s senior management and asset/liability management teams, and representing the Bank as a community leader.
Through volunteerism and community work, Mr. Bonsey has already established a history of support for MDI Hospital. A member of the Hospital’s Finance Committee, Mr. Bonsey also participated in efforts by the MDI Rotary to raise money in support of the Hospital’s Oncology Department.
“The Hospital has a long and important history on the island, and I look forward to helping the Board address the challenges that lie ahead. I consider this invitation to be both an honor and a prodigious responsibility, especially given the technological and financial complexities that all hospitals face,” said Mr. Bonsey.
“We are very pleased that Mike has agreed to join our Board,” said Mr. Read. “With financial vitality so important in ensuring access to quality health care, his expertise in this area will serve MDI Hospital well. Mike’s commitment to his community and dedication to public service are qualities that reflect the values for which this Hospital stands.”