ARCH Names Iordanou President, CEO

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NU Online News Service, July 14, 11:35 a.m.EDT?Arch Capital Group Ltd., of Hamilton, Bermuda,announced today that Constantine "Dinos" Iordanou will be itspresident and chief executive officer, effective Aug. 1.

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Mr. Iordanou will succeed Peter Appel, one of Arch Capital'sfounders, who will remain on the company's board of directors. Hewill work closely with Paul Ingrey, chairman of arch WorldwideInsurance and Reinsurance Group, and Robert Clements, chairman ofArch Capital Group Ltd., the company said.

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Mr. Appel said in a statement that Mr. Iordanou was well-suitedto lead the company's global insurance and reinsurance operations."He has done an extraordinary job in building our insuranceoperations, and his strong leadership skills and deep understandingof the industry will serve Arch well."

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