Arch Insurance International has promoted Marie Penberthy to chief financial officer (CFO), following the departure of Jason Kittinger from the role.
In her new position, Penberthy will be responsible for the finance function, including accounting, financial planning and analysis, and reporting. Based in London, she will report to Hugh Sturgess, president and CEO of Arch Insurance International.
Penberthy joined Arch Insurance UK in 2022 as a financial controller, before becoming CFO of the UK operations in December 2023. Previously, she worked as a corporate financial controller at Talbot Underwriting.
Commenting on the appointment, Sturgess highlights: “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.”