Willis Group Holdings announced the appointment of Paul Owens as CEO of the newly formed Willis Global Captive Management business, effective January 1, 2014. He “will lead the formation of Willis Global Captive Management, bringing together the captive operations of North America, Europe and International into a single cohesive business,” the bulletin explained.
Owens is a Graduate Chartered Accountant. He has held a number of senior positions within Willis Group since joining in 1990, most recently as Chief Operating Officer of Willis Limited and Global Businesses and has had a long association with the Group’s captive operations.
Steve Hearn, Deputy CEO of Willis Group, described Owens as “ideally qualified for this new role, bringing with him a wealth of experience in the areas of insurance, regulation, finance and governance along with his in-depth knowledge and connections throughout Willis. This new appointment will help ensure that Willis Global Captive Management is properly positioned to maintain and further develop our client offerings.”
Owens added: “I am excited to be working with an outstanding team who continue to excel in delivering cutting edge client solutions. By bringing all of our captive operations together, we can further strengthen our propositions globally.”
Source: Willis Group Holdings