Global advisory and solutions firm, WTW, announced it has merged its Australasia and Asia operations to form one APAC region effective from 1 January 2023, installing former Head of Australasia Simon Weaver as the new Head of APAC.
Australia-based Weaver will take on the responsibilities of driving business growth across the new region and leading further collaboration across the combined business to deliver its services, while current Head of Asia Clare Muhiudeen will retire in February and work with Weaver on the transition.
“As clients navigate an increasingly complex and fast-shifting global economy, it is important that WTW maintains its agility and continues to adapt to these changing needs,” Pamela Thomson-Hall, Head of International at WTW, said.
“The creation of a single Asia Pacific region will help to unlock potential synergies across markets and increase operational efficiency.
“Simon’s leadership across WTW Australasia has been inspirational amid volatile market conditions. I have utmost confidence that his client-first, strategic and forward-thinking approach will foster increased regional collaboration and strengthen the delivery of our client offerings as one Asia Pacific.
“At the same time, I would also like to thank Clare whose leadership, contribution and dedication has been invaluable to WTW for the best part of 40 years.”
Weaver brings over 30 years of global risk management and insurance broking industry experience to the role, first joining WTW in 2015 as Head of Singapore and South-East Asia.
“I am excited to be given the opportunity to lead our colleagues across Asia and Australasia under the new Asia Pacific region,” Weaver said.
“This combination will be key to maximising WTW’s ability to connect and collaborate without losing the uniqueness of our business segments. I look forward to contributing to a new phase of growth as we continue to deliver data-driven, insight-led solutions that help companies address today’s complex challenges.”
Reporting to Thomson-Hall, Simon will also continue in his current role as Head of Corporate Risk and Broking (CRB) in Asia Pacific.