The new appointee has a ‘vision for modernisation,’ says chief executive
Arch Insurance International (Arch) has promoted Marie Penberthy to the role of chief financial officer, following the departure of Jason Kittinger.
Penberthy will become responsible for Arch’s finance function – including accounting, financial planning and analysis and reporting.
She will be based in London and will report to Arch Insurance International’s president and chief executive Hugh Sturgess.
“Marie is a valuable addition to our executive team with a firm understanding of our finance function and a vision for further modernisation building on previous successful projects and performance enhancements,” Sturgess said.
“She has the support of a very skilled team behind her, I welcome Marie to this role.”
Career insight
Penberthy succeeds Jason Kittinger, who has served as Arch Insurance International’s chief financial officer since May 2014. He is also chief operating officer at the firm.
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Penberthy brings around 22 years of financial experience in the insurance industry to the role and steps up from her role as chief financial officer of the firm’s UK operations, having first joined the company in 2022 as a financial controller.
Prior to Arch, she was corporate financial controller at Talbot Underwriting.
Arch Insurance International is part of Arch Capital Group.
The group includes Arch Insurance UK and the property and casualty (P&C) insurance operations of Arch Insurance (EU), as well as Arch’s insurance operations in Europe, Bermuda and Australia.
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