Arch Capital Group appoints Francis Ebong and Eileen Mallesch to its Board of Directors

– BERMUDA, Pembroke –  Arch Capital Group Ltd. (NASDAQ: ACGL) today announced the appointments of Francis Ebong and Eileen Mallesch to its Board of Directors, effective immediately.

Jack Bunce, Chairman of the Nominating and Governance Committee said, “Francis’ background at cutting-edge, digitally native mega-caps combined with Eileen’s extensive financial, insurance, and board experience will enhance the overall capabilities of our Board, specifically in the area of fintech transformation and identifying opportunities that lie ahead for the financial world. They will bring distinct and unique perspectives that will broaden the Board’s talent and outlook for the next stage of our growth.”

“The long term success of our Board of Directors requires us to regularly assess and refresh the array of professional experiences and perspectives of our Board members,” said Board chairman, John Pasquesi. “Francis and Eileen bring impeccable credentials and we are fortunate to have them join our Board and contribute to the collective success of Arch.”

About Francis Ebong

Mr. Ebong has an extensive background in technology and innovation and is currently Managing Director of Program Management at X, Alphabet’s in-house research and development division, where he is tasked with launching technologies to improve the lives of billions of people. Before joining Alphabet, he worked at Facebook as the Director of Global Operations and Partnerships, where he led a team responsible for the launch of FB Live, Marketplace, and Messenger. He also has experience working at Postmates, Apple, and Deloitte.

About Eileen Mallesch

Ms. Mallesch boasts over 30 years of finance and risk experience, including serving as SVP and CFO for Nationwide’s Property and Casualty segment. Ms. Mallesch also has broad finance and business strategy expertise in the insurance, telecommunications, and consumer products industries. Her significant board experience includes current positions on the boards of Brighthouse Financial and Fifth Third Bancorp. She previously served on the boards of Bob Evans Farms, Inc., Libbey Inc., and State Auto Financial.

About Arch Capital Group Ltd.

Arch Capital Group Ltd., a publicly listed Bermuda exempted company with approximately $16.7 billion in capital on June 30, 2021, provides insurance, reinsurance, and mortgage insurance on a worldwide basis through its wholly-owned subsidiaries.

For more information: https://www.archcapgroup.com/

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