New chief risk officer for IGI Group

IGI group has appointed Stav Tsielepis as chief risk officer. Based in its London office, he will be responsible for administering IGI’s risk management framework, including the exposure management and capital modelling functions across the group. He will report to chief executive officer of IGI UK, Andreas Loucaides.

Tsielepis joins with 18 years’ industry experience, most recently as chief risk officer of Arch Capital Group’s London-based subsidiary Arch Insurance International. He was responsible for critical projects, such as implementing Brexit plans, and working closely with regulators, including the Central Bank of Ireland. He was also a board member of Arch Underwriting at Lloyd’s Australia.

Before joining Arch, Tsielepis was an actuarial consultant for Towers Watson Ltd.

“With nearly two decades of experience, Stav joins us in a key senior management role at IGI, bringing a hands-on approach to international risk management and will help us continue to expand and execute our strategic objectives,” said Loucaides.