Arch Capital Group Appoints Nicolas Papadopoulo as New CEO, Succeeding Marc Grandisson

Arch Capital Group Ltd., the Bermuda-based re/insurer, has announced that Nicolas Papadopoulo has been appointed as the new Chief Executive Officer and has also joined the company’s board of directors, effective immediately. Papadopoulo, who has served as Arch’s President and Chief Underwriting Officer (CUO) since 2021, has held various leadership roles at the company since 2001.

The leadership change follows the decision of Marc Grandisson, who has been with Arch since 2001 and served as CEO since 2018, to retire from the company. John Pasquesi, chair of the board, expressed gratitude for Grandisson’s two decades of service, highlighting his role in driving Arch’s growth and profitability. He noted that under Grandisson’s leadership, the company became a market-leading global specialty insurer. Pasquesi added that the board’s succession planning identified Papadopoulo as the ideal candidate to continue steering Arch toward future success, given his experience and expertise.

Papadopoulo has an extensive history with Arch. Since January 2021, he has been the president and CUO of Arch, as well as the CEO of Arch Worldwide Insurance Group. From 2017 to 2020, he held the position of chairman and CEO of Arch Worldwide Insurance Group while overseeing Property and Casualty Operations. Prior to that, he served as chairman and CEO of Arch Reinsurance Group from 2014 to 2017. Papadopoulo originally joined Arch Re Bermuda in 2001, holding several underwriting roles over the years. He is a graduate of École Polytechnique and École Nationale de la Statistique et de l’Administration Économique in France, where he earned a master’s degree in statistics.

Grandisson, reflecting on his retirement, expressed pride in his contributions to Arch’s founding and growth and confidence in Papadopoulo’s ability to lead the company into the future. He thanked the board, clients, and the company’s employees, recognizing their hard work and dedication throughout his tenure.

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