Pictured: From left Andrew J. Calamare, president and CEO of the Life Insurance Association of Massachusetts and a former Commissioner of Banks; SBLI President and CEO Robert K. Sheridan; Bulman’s daughter, Elizabeth (Bulman) Murphy; and Gerald T. Mulligan, president and CEO of RiverBank and a former Commissioner of Banks.A dedication ceremony recently was held at the Woburn headquarters of The Savings Bank Life Insurance Co. of Massachusetts (SBLI) to name a conference room in memory of the late Paul E. Bulman, a former state commissioner of banks who served as chairman of SBLI’s Policyholders Protective Board from 1998 until his death in February.

Bulman began his career on the staff of the state Banking Department. He was appointed commissioner of banks by Gov. Michael Dukakis in 1983 and served in this position until 1987. In 1987, Bulman joined New Bedford Institution for Savings as senior vice president, and he was subsequently named president of Hingham Institution for Savings, Haymarket Cooperative Bank and president of Faneuil Advisors from 1996 to 1998. He was appointed to the SBLI Policyholders Protective Board in 1994.

"Paul left an indelible mark on SBLI during his tenure as both a member and chairman of the Policyholders Protective Board, and it is appropriate that we recognize his significant contributions to the company in this enduring manner," said SBLI President and CEO Robert K. Sheridan. "We will greatly miss his wise counsel and his friendship."

 

Bulman Memorialized By SBLI

by Banker & Tradesman time to read: 1 min
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