By Isha Marathe

Jan 22 - (The Insurer) - Arch Capital Group has appointed Prashant Nema as its executive vice president and deputy chief operations officer, effective immediately.

Nema, who has been with Arch since 2015, has worked in leadership roles across tech and operations at companies like Oracle, Silicon Valley Bank, and Didalio. He most recently held the role of executive vice president, chief information officer $(CIO)$ at Arch.

In this new role, he will retain CIO responsibilities while adding oversight of Arch’s global services organisation. He will continue reporting to the COO, Chris Hovey.

"[Nema's] IT leadership has played a critical role in Arch’s ability to scale, and he is well-deserving of these expanded responsibilities,” Hovey said. “Now he will also be tasked with ensuring we are able to tap into the global talent pools that will be critical as we look to embrace opportunities worldwide.”