Two new Ace directors

Christopher Munro

TWO directors have joined Ace Ltd in a pair of moves chairman and chief executive, Evan Greenberg, claimed would make “significant contributions” to the ins­urer’s governance. Eugene Sha­nks has joined Ace’s risk and finance committee and is already a member of the board at the Federal Home Loan Mortgage Corporation. He was president and chief executive of NetRisk, a risk-management software and advisory services company he founded in 1997 until its sale in 2002. He has also held senior management positions at the Bankers Trust New York Corp and Bankers Trust Co. The second addition to Ace’s board is Michael Connors, who has joined the insurer’s compensation committee. He is the chairman and chief executive of tec­h­nology insights, market intelligence and advisory services company Information Services Group, which he founded five years ago.