Argus appoints Costas Miranthis and Garrett Curran to its board

Argus Group Holdings Ltd has appointed Constantinos “Costas” Miranthis and Garrett Curran to its board of directors.

Both appointments were effective April 12, the company said.

David Brown, chairman of Argus, said: “I am very pleased to welcome Costas and Garrett to the Argus board. They bring a wealth of experience as well as expertise in the re/insurance and financial services sectors.

“As Argus continues to implement its strategy for sustainable, profitable growth, Costas’ and Garrett’s respective backgrounds will enable them both to play key roles in moving these strategies forward.”

Alison Hill, chief executive officer of Argus, said: “As part of our future vision, we continue to be focused on improving shareholder value by undertaking strategies that will enhance the future growth, diversification and resilience of Argus’ earnings.

“We also remain committed to reinvesting in the business – balancing profitability, risk, growth and strategic investments for the long-term benefit of our shareholders, employees and business partners.”

The company said Mr Miranthis is a leading re/insurance industry veteran, and a former president and CEO of PartnerRe, a global reinsurance group with a diverse book of business.

Under his leadership, the company said PartnerRe was one of the top value creators amongst its peer group and significantly increased its share price between 2010 and 2015. He is a non-executive director of the global specialty insurer, Hiscox Ltd, and of the life reinsurer Pacific Life Re.

The company said Mr Curran is an adviser and investor specialising in financial services, technology and real estate. He is managing director of Equilibria Capital Management, Madrid, and sits on a number of boards, including that of Santander UK as a non-executive director.

Argus said Mr Curran spent more than 20 years in investment banking in a variety of positions in London and New York. Most recently, he was CEO of Credit Suisse in the UK and the bank’s chief client officer in the Europe, Middle East and Africa region, while also managing and supervising their global markets EMEA client business.