Willis Appoints Paschoal New CEO for Latin America

November 21, 2007

Willis Group Holdings has appointed Eugenio Paschoal CEO of the Latin American region in a move the broker described as “reinforcing” the importance of the region for its international network, and as underlining “Willis’ commitment to ensuring that its international offices receive strong leadership from within the territories.”

He takes over from Jose Ribeiro, who left Willis earlier this year for a senior role at Lloyd’s.

Paschoal has spent the last 10 years heading Willis Brazil, where he demonstrated outstanding leadership as a member of the senior Latin America management team.

Commenting on his new role, he observed that “Latin America’s fast-growing economy presents great opportunity for growth in all segments including large risks, small commercial, Employee Benefits and Affinity business. Our objective is to put in place a growth driven regional structure focused on operational efficiency and sales process. We also want to invest further in our platform so we can continue to provide the highest levels of service to our clients.”

Allan Gribben, CEO Willis International indicated that he was delighted that Paschoal had taken on the new assignment, and that his role would be important for Willis as it “plans for growth in Latin America in 2008 and beyond.”

Source: Willis Group Holdings – www.willis.com

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