Lloyd's insurer hires new CFO

Argo International has appointed Ciaran O’Donnell as chief financial officer.

O'Donnell, who will begin the role on 1 January 2010, joins Argo International from FM Global where he was chief financial officer of the International Division, a position he has held since 2005.

He takes up the position from Nick Denniston, who has decided to leave the company in order to pursue other opportunities. Denniston will remain in place until 31st March 2010 to provide a smooth handover of his duties.

Julian Enoizi, chief executive of Argo International, said, “I look forward to welcoming Ciaran on board, who, with his extensive experience in this role and of the industry, will be a great asset as we continue to build Argo International’s platform for growth.

“I would like to thank Nick for his significant contribution to the business over the past five years both as CFO and interim CEO and wish him continued success in future ventures. I would also like to express my gratitude for his having agreed to stay with us until next March to ensure a smooth transition to Ciaran.”