Argo Appoints 3 Executives

The Bermuda-based Argo Group International Holdings, Ltd. Has announced three executive appointments:
— Kevin D. Silva as senior vice president of human resources,
— Bernhard H. Scheifele as chief risk officer, and
— Michael Fusco as chief actuary.

Silva reports to Argo Group President and CEO Mark E. Watson III. He is responsible for managing the Company’s global HR function and will focus on executive recruitment, employee development, benefits and staffing. Scheifele and Fusco report to Argo Group CFO Jay Bullock.

Silva joins Argo Group after 13 years with MBIA Insurance Corporation where he served as chief administrative officer. In this role, he was responsible for leading several global support functions including human resources, corporate administration, information resources, facilities and telecommunications and records management.

Prior to MBIA, he served a combined 16 years as an executive leader with Merrill Lynch, MasterCard International and Pepsi Cola Company. For each of these worldwide companies, he led major initiatives to establish and develop the global human resources organizations. Silva earned his master’s in personnel psychology from New York University and a bachelor of science from St. John University, New York.

Scheifele joins Argo Group after more than 16 years with Munich Reinsurance Company in Munich, Germany, where he served as head of divisional planning and controlling for North America. In this role he was responsible for capital management, strategic and annual planning analysis and enterprise risk management. Prior to that, he was a deputy member of the executive management team responsible for group controlling worldwide for Munich Re, including operative planning, management steering tools and cost accounting.

Scheifele began his career at Munich Re in 1992 after earning his doctorate in legal studies from Mannheim University in Germany. In addition to his German law degree, he also holds a master’s of comparative jurisprudence from the University of Texas at Austin School of Law.

Fusco comes to Argo Group from Navigant Consulting, Inc., where he performed actuarial consulting and due diligence services. He has 39 years of insurance industry experience, including eight years at CNA where he served as chief actuary. His work history includes actuarial, enterprise risk management, merger and acquisition activities, regulatory and rating agency relations, planning and financial reporting.

Fusco graduated from the City College of New York in 1971 with a bachelor of science in mathematics. In 1978, he earned his juris doctorate law degree from Fordham University School of Law and was licensed to practice law in New York State. He is a Fellow of the Casualty Actuarial Society and served as its president in 1990.

Source: Argo Group International Holdings – www.argolimited.com

Topics New York Education Universities Germany