Shipowners Claims Bureau, Inc. (SCB), the Managers of the American Club, has announced senior appointments to its management team in New York.
Dorothea Ioannou takes on the role of Deputy Chief Operating Officer (DCOO) with immediate effect, and Mary (Molly) McCafferty becomes Senior Vice President and Director of Claims for the Americas as from the beginning of September.
A New York-lawyer by training, and a well-known figure within the global industry at large, Dorothea Ioannou began her career in marine insurance over twenty-two years ago. She joined SCB’s Piraeus office in 2005, originally as a claims specialist, but quickly moving on to be its Managing Director. She subsequently led the American Club’s business development activity, regionally at the outset and then globally over the next several years. Since 2018 Ms. Ioannou has been the Managers’ Chief Commercial Officer.
Molly McCafferty is also a well-known and highly-regarded figure in the maritime community. Her wealth of experience is derived from a career which has included the practice of law, P&I club correspondency and senior executive positions with international shipping companies, most recently as general counsel to a leading operator in the bulk trades.
A US attorney by training, Ms. McCafferty is admitted to the Bars of Connecticut and Florida. Among her many professional affiliations, she is a Member of the Society of Maritime
Arbitrators and sits on its Board of Governors. She is also a Director of New York Maritime, Inc. (NYMAR). As a key member of the senior management team, Molly’s responsibilities at Shipowners Claims Bureau will include the supervision of all claims and related activities across the Americas, in regard to which she will report to Don Moore, Global Claims Director and Joanna Koukouli as his deputy in that role, as required.
As Deputy Chief Operating Officer, Ms. Ioannou will provide support to Vince Solarino, President and COO and, by extension, to Joe Hughes, Chairman and CEO. Her duties will entail the day-to-day oversight of the Managers’ operating activities in their offices across the world, as well as involvement in the setting of management policy and global strategy in
general. She will be supported by key members of the senior management team, each with increasing responsibility as the Club continues to develop its capabilities in fulfillment of its mission for the future.
Ms. Ioannou will relinquish her previous oversight of business development to Tom Hamilton who will now take on that assignment in conjunction with his existing duties as Chief Underwriting Officer, in which position he will continue to oversee underwriting strategy. Arpad Kadi continues as Chief Financial Officer and Dan Tadros remains as Chief Legal and
Compliance Officer. Their responsibilities will continue to entail oversight, respectively, of the growing complexities of the financial landscape within which the Club operates and of the burgeoning legal and regulatory imperatives to which its business must increasingly be modeled.
Joe Hughes, Chairman and CEO of SCB, commented: “We are delighted to be welcoming Molly McCafferty to the management team at the beginning of September. Molly will have an important role in the supervision of all claims and related activities across the Americas. We are also delighted to announce the elevation of Dorothea Ioannou to Deputy Chief Operating
Officer. Dorothea has been a key member of the management team for some time now and has contributed greatly to the success of the American Club, and its other business lines, over recent years. Her new duties will be of vital importance to the future of the Club in its operations across the world over the years ahead.
“As Dorothea transitions to her new role, and Molly assumes her new responsibilities, I am sure that everyone will wish to join me in wishing them both the very best of good fortune as a
part of a dedicated, and developing, senior executive team.”
Mary Molly McCafferty
Source: The American Club