Willis Group Holdings plc, a global insurance and reinsurance broker, is beefing up its operations in China to drive further expansion there.
The primary effort revolves around a series of promotions from within. All will help guide and grow a China staff involving 22 offices, 400 employees and an expanding business that’s part of Willis International, which covers territories outside of the U.S. and U.K.
Here are the leadership changes in China:
- Mitchell Ma is now chairman of Willis China. Previously, he was CEO of Willis China and helped launch the division in 2004.
- Lincoln Pan is the new CEO of Willis China, a promotion from his existing role as executive director of Willis Hong Kong.
- Wise Xu is now deputy CEO of Willis China, an advancement after playing a role in launching Willis China.
Willis has been busy so far in 2015. It recently grabbed a majority stake in Miller Insurance Services LLP, giving it significant growth in the wholesale market. As well, Willis reorganized its three operating segments into four to help fuel growth.