Samantha Froud has been named chief administration officer for the Ace Group's Bermuda operations.

Effective January 1, she will assume the responsibilities of Lori Samson, who has announced her retirement from Ace after 20 years of service.

Ms Froud is current group financial controller. Her new responsibilities will include management of the human resources function in Bermuda, budgeting, facilities management, business continuity planning and administrative oversight for the Ace Group in Bermuda.

She will also have responsibilities for executive and board of director compensation matters.

In this role, Ms. Froud will report to Ace Ltd. chairman and chief executive officer Evan Greenberg. "I want to congratulate Samantha on her new assignment," Mr. Greenberg said.

"With a proven track record of professional accomplishments and substantial experience in our company's global accounting and finance functions, Samantha is well suited to assume these significant new responsibilities. I have every confidence in her future success."

Mss Froud joined Ace in 2001 as group financial controller for the Ace Group

"On behalf of my colleagues and our board of directors, I also want to extend our sincere appreciation to Lori for her outstanding service to Ace and the Bermuda community," said Mr. Greenberg.