Arch Capital reveals new CFO replacing Lyons
Bermuda-based Arch Capital Group (ACGL) has appointed François Morin as executive vice president and chief financial officer (CFO), reporting to president and CEO of ACGL Marc Grandisson.
Morin will replace outgoing CFO Mark Lyons, who is leaving Arch to become senior vice president and chief actuary, general insurance at AIG in New York.
Morin joined the company in 2011 and currently serves as senior vice president, chief risk officer and chief actuary of ACGL. Prior to joining Arch, he served in various roles for Towers Watson and its predecessor firm Towers, Perrin, Forster & Crosby, including its actuarial division, Tillinghast, where he led the firm’s engagement with ACGL.
Commenting on the appointment, Grandisson said: “Anyone who has followed our company knows one of Arch’s strengths is its deep pool of talent. François’ extensive experience leading Arch’s actuarial and enterprise risk management practices gives him valuable perspective into all financial and capital aspects of our company.”
He added: “Mark and I have worked together since the early days of Arch in 2002. In addition to the significant contributions he has made to our performance over the years, he has been a great colleague and friend. We wish him all the best.”
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