Asset Risk Consultants (ARC) has appointed Stephen McMahon as CEO of the ARC Group.
Stephen (pictured), who remains Managing Director of ARC’s Jersey office and has worked for ARC since joining the group in 2008 from the Bank of England, takes over from ARC’s founder Graham Harrison, who becomes the Group's Executive Chairman.
Launched in 1995, ARC now employs more than 70 consultants, analysts, developers and support staff serving a global client base, with offices in London, Guernsey, Jersey and Toronto. There are three parts to the ARC business – investment consulting to UHNW private clients and charities; manager research; and performance reporting for professional intermediaries.
To help lead strategic growth initiatives, ARC has made several other promotions and new hires. Andrew Pollock, formerly a director at ABN AMRO Asset Management Guernsey has been appointed as Managing Director of ARC Guernsey. Wayne McArdle joins the board of ARC UK as Chairman, formerly a senior partner at Gibson, Dunn and Crutcher LLP. David Bartlett has been appointed Group COO, having formerly been head of IT, with Lucy Le Prevost being promoted to Head of Software Development.