Willis Group Holdings (WSH), the global risk adviser, insurance and reinsurance broker, has today announced a series of internal promotions and moves to strengthen the Willis China leadership team.
Mitchell Ma has been appointed as Chairman of Willis China. Mitchell has been Chief Executive Officer (CEO) of Willis China since it was founded in 2004.
As Chairman he will focus on the growth and development of the business towards its goal to become the largest risk adviser and insurance broker in China.
Lincoln Pan has been named as the new CEO of Willis China. Lincoln and his family will move to the Willis China headquarters in Shanghai from Hong Kong, where he was Executive Director of Willis Hong Kong. He will be responsible for the day-to-day management of the operations and work with Mitchell and Wise Xu on the future strategy and business development.
Wise Xu has been appointed as Deputy CEO of Willis China, with a focus on the management of specialist business units, placement, and the Beijing operations. Wise is one of the founding members of Willis China.
All the changes take effect from 26th January and are subject to regulatory approval. Willis China has a network of 22 offices, almost 400 staff, and is an increasingly significant business in the portfolio of Willis International, which covers territories outside the US and UK.
Adam Garrard, Willis Asia Regional CEO, said: "This is a first-rate team that will take us to the next level in this hugely important market. We have a well-established presence in China with an unmatched office footprint and a diverse range of clients.
"The business is entering an exciting new phase of growth and these changes broaden and strengthen our leadership base, combining optimal operational management with a bold drive for new business and growth."