Michael C. Lobdell, a former managing director of New York-based JPMorganChase, will join Hamilton, Bermuda-based insurer and reinsurer XL Capital Ltd as chief executive-global business services, the company announced.

XL said Mr. Lobdell is scheduled to join the firm in September. He will be responsible for overall execution and service delivery across the XL group of companies. He will also oversee infrastructure and project management, including IT systems and technology, procurement, real estate, facilities, outsourcing and offshore activity.

Mr. Lobdell will be a member of XL's newly formed office of the chief executive officer (OCEO). The OCEO also includes XL's Chief Financial Officer Jerry de St. Paer, Chief Investment Officer (designate) Sarah E. Street, Chief Operating Officer Henry C.V. Keeling and Chief of Staff Fiona E. Luck.