Arch Capital Names Christine Todd CIO

Current CIO W. Preston Hutchings will leave later this year after more than 15 years at the post.

Christine Todd

Insurance firm Arch Capital Group has named Christine Todd as it chief investment officer, effective June 7. Todd will oversee the investment strategy for the firm’s $26 billion investment portfolio and will succeed W. Preston Hutchings, who is retiring from Arch Capital later this year after more than 15 years at the post.

Todd will be responsible for setting the company’s investment strategy and managing the day-to-day operations of its investment portfolio. She who will report to Arch Capital Group CEO Marc Grandisson.

“Christine is a dynamic and strategic investment leader with the experience and expertise to help bring our strong investment team into the next era,” Grandisson said in a statement. “Her deep understanding of the insurance industry, her ability to lead and develop teams, and her strong ability to collaborate across an organization make her a welcome addition to Arch and to our executive leadership team.”

Grandisson also thanked Hutchings for putting together “a world-class investment team that produced excellent results for our shareholders amid an evolving economic landscape and numerous financial stresses and challenges.”

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Todd was most recently head of US fixed income for asset management firm Amundi US, a position she held for a little over two years, and prior to that was president of municipal bond manager Neighborly Investments for just over a year. Before joining Neighborly Investments, she was president of Standish Mellon Asset Management Company for more than 22 years, and before that was vice president of investment management firm Gannett, Welsh & Kotler for over six years.

Todd is a chartered financial analyst, and earned a bachelor’s degree from Georgetown University and an Master of Business Administration from Boston University.

Before joining Arch, Hutchings was senior vice president and CIO at RenaissanceRe Holdings Ltd. from 1998 to 2005, and senior vice president and CIO of Mid Ocean Reinsurance Company Ltd. from 1995 to 1998. He started his career as a fixed-income trader at JPMorgan’s New York, London, and Tokyo offices. He has a bachelor’s from Hamilton College, and a master’s in jurisprudence from Oxford University, where he studied as a Rhodes scholar.

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