Arch Capital Group Appoints Prashant Nema EVP, Deputy Chief Operations Officer
PEMBROKE,
Nema has been EVP and Chief Information Officer (CIO) since 2020. In this new role, he will retain CIO responsibilities while adding oversight of Arch’s Global Services Organization. Nema will continue to report to Chris Hovey, Chief Operations Officer of Arch.
“Prashant’s IT leadership has played a critical role in Arch’s ability to scale, and he is well-deserving of these expanded responsibilities,” Hovey said. “Now he will also be tasked with ensuring we are able to tap into the global talent pools that will be critical as we look to embrace opportunities worldwide.”
Since joining Arch in 2015, Nema has worked to establish resilient infrastructure across the company, overseen the implementation of enterprise-wide security practices and integrated shared service desk operations across the group — all while ensuring IT expenses are predictable and tightly aligned to business strategy and priorities.
Before joining Arch, Nema was Chief Technology Officer and Founder of a mobile commerce start-up. He also held senior IT roles at Silicon Valley Bank, including serving as its Chief Information Officer from 2010 to 2013. Nema holds a B.S. from Bhavans College and a B.E. in Computer Engineering from the D.Y. Patil College of Engineering and Technology.
About Arch Capital Group Ltd.
Arch Capital Group Ltd. (Nasdaq: ACGL) is a publicly listed
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Greg Hare
ghare@archgroup.com
Stephanie Perez
stperez@archgroup.com
Source: Arch Capital Group Ltd.