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Argo hires three new executives

Argo Group International Holdings Ltd. has appointed three new executives to its ranks.Kevin Silva has been named as senior vice-president of human resources, Bernhard Scheifele as chief risk officer, and Michael Fusco as chief actuary.Mr. Silva, who will report to Argo president and CEO Mark Watson, will be responsible for managing the company's global HR function and will focus on executive recruitment, employee development, benefits and staffing.

Argo Group International Holdings Ltd. has appointed three new executives to its ranks.

Kevin Silva has been named as senior vice-president of human resources, Bernhard Scheifele as chief risk officer, and Michael Fusco as chief actuary.

Mr. Silva, who will report to Argo president and CEO Mark Watson, will be responsible for managing the company's global HR function and will focus on executive recruitment, employee development, benefits and staffing.

"Kevin has significant international experience in human resources management," said Mr. Watson. "Given his successful track record for leading complex organisational changes, I have every confidence that Kevin will help focus our global workforce on Argo Group's long-term strategy as an international specialty insurer."

Mr. Scheifele and Mr. Fusco report to Argo CFO Jay Bullock.

"I am pleased Bernhard and Mike have chosen to join Argo Group," said Mr. Bullock. "Both of these gentlemen add to the global perspective of our team."

Mr. Silva joined Argo after 13 years with MBIA Insurance Corp., prior to which he served a combined 16 years as an executive leader with Merrill Lynch, MasterCard International and Pepsi Cola Co.

Mr. Scheifele joins the company 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, while Mr. Fusco comes to Argo from Navigant Consulting, Inc., where he performed actuarial consulting and due diligence services.