By Navneeta Nandan
May 27 - (The Insurer) - Insurance-focused investment bank Insurance Advisory Partners $(IAP.AU)$ has appointed former Willis chief executive Joe Plumeri to the newly created role of chairman, from September 1.
He will also become an investor in the firm, the company announced on Tuesday.
In a statement, IAP said that Plumeri's appointment as chairman and investor will "add considerable momentum" to the business, enhancing its ability to compete with major investment banks and advisory firms globally.
The appointment reunites Plumeri with IAP managing director and co-founder Tony Ursano, with the duo previously launching the Willis Capital Markets & Advisory unit in 2009.
As chairman and CEO of NYSE-listed broker Willis Group Holdings, Plumeri had pursuaded Ursano to leave his role as vice chairman of the financial institutions group at Bank of America to run corporate development and strategy at Willis.
Other previous roles held by Plumeri include a two-year tenure as CEO of Citibank, North America, as well as chairman and CEO Primerica, vice chairman of Travelers, and president of Smith Barney.
Last month, insurance-focused boutique investment bank IAP expanded its London office with the appointment of Benjamin James as partner.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。