WTW brings together Asia and Oceania divisions under one roof
Global advisory and insurance group WTW has merged its offices across Asia and Oceania into a new, single Asia Pacific entity.
The organisational reshuffle brings together offices in 7 countries in Oceania together with hubs in 20+ countries across Asia, creating a regional powerhouse that is now WTW’s third largest regional division behind the Americas and Europe.
Commenting on the merger, WTS’s Head of International Pamela Thomson-Hall said, “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. The creation of a single Asia Pacific region will help to unlock potential synergies across markets and increase operational efficiency.”
Simon Weaver, who has been installed as WTW’s inaugural Head of Asia Pacific 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.”
Weaver, who previously served as Head of Australasia, will continue to operate out of Australia and continue to hold his existing role as Head of Corporate Risk & Broking for Asia Pacific.
In his new top role, Weaver is responsible for driving further growth in the region, and enabling closer collaboration between offices and services lines to “deliver superior advice, broking and solutions in the areas of people, risk and capital,” said Thomson-Hall.
WTW’s current Head of Asia, Clare Muhiudeen, will retire next month, following a 30+ year career with the global consulting firm.
In Oceania, WTW has offices in Australia, New Zealand, as well as Fiji, French Polynesia, Guam, New Caledonia, and Papua New Guinea.
Across Asia, WTW has offices in 20+ countries, including Armenia, Azerbaijan, Brunei, Cambodia, China, Hong Kong, India, Indonesia, Japan, Kazakhstan, Macau, Malaysia, Myanmar, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, and Vietnam.
In September last year, another professional services major, HKA, also united its Oceania and Asia practices into a single Asia Pacific business.