Ryan Specialty Group Announces Expanded Executive Leadership Team
Ryan Specialty Group, LLC is pleased to announce its expanded and revised executive leadership team as the company continues to evolve and grow as it looks to the future. These individuals are proven leaders with exceptional strategic insight into the needs of our clients, insurance carrier trading partners and the larger insurance industry. These changes become effective March 1, 2021.
Timothy W. Turner will become President of Ryan Specialty Group. Tim has been Chairman and CEO of Ryan Turner Specialty (RT Specialty) since its inception in 2010 and will retain these responsibilities going forward.
Jeremiah R. Bickham will become Chief Financial Officer of Ryan Specialty Group. Jeremiah has been Global Treasurer & Head of Corporate Development for Ryan Specialty Group and joined the company in 2011.
Michael T. VanAcker will become Chief Operating Officer of Ryan Specialty Group. Michael has been the Chief Operating Officer of RT Specialty and joined Ryan Specialty Group in 2011.
Janice M. Hamilton will become Chief Accounting Officer of Ryan Specialty Group. Janice has been Controller of Ryan Specialty Group since 2018 and will retain these responsibilities going forward.
Mark C. Melander will become Chief Administrative Officer, Business Services of Ryan Specialty Group. Prior to joining Ryan Specialty Group in September 2020 with the acquisition of All Risks, Mark was the Chief Administrative Officer of All Risks, Ltd.
Noah S. Angeletti will become Treasurer of Ryan Specialty Group. Noah has been Vice President of Treasury & Corporate Development for Ryan Specialty Group and has been with the company since 2014.
Commenting on the executive leadership transformation, Patrick G. Ryan, Founder, Chairman and CEO of Ryan Specialty Group, said, “Each of the above outlined individuals that are stepping into their new leadership roles are very well respected not only within Ryan Specialty Group but with the larger stakeholder group of our company, including our clients, insurance carrier trading partners, our banking relationships, and throughout the wider insurance industry. I am very confident in the exceptional capabilities of each of them.”
In addition to these executive promotions, Ryan Specialty Group announced today that Diane M. Aigotti, Chief Financial Officer and Managing Director, has announced her decision to retire from RSG. She will continue to serve as an advisor to Patrick G. Ryan, the company’s CEO, until June 30, 2021, to ensure an orderly transition of her duties. Diane has been with Ryan Specialty Group since its inception in 2010, during which time she has been instrumental in developing the foundation of Ryan Specialty Group and has built an extraordinary team. Diane is ready for different challenges and is confident that the team she has installed is ready to guide Ryan Specialty Group into its next era.
Pat Ryan commented, “Diane has been a loyal teammate for more than a decade at Ryan Specialty Group and has been a key contributor to our success. As our CFO, Diane helped guide the company with disciplined decision making and a remarkable track record of creating strategic value. Diane’s career accomplishments speak for themselves. I join the entire Ryan Specialty Group family in thanking Diane, celebrating her career, and wishing her all the best.”
Diane Aigotti added, “I am extremely proud of my eleven wonderful and rewarding years at RSG. I started as RSG’s third employee and had the honor of having a ringside seat as we built this Company into a leading international specialty insurance organization with over $1 billion in revenue and 3,300 talented teammates. I thank Pat Ryan personally for inviting me to join before RSG was even formed and taking me on this incredible journey. I am confident that Ryan Specialty Group is well positioned for its next phase of transformative growth under Pat, Tim and the rest of the senior leadership team.”
Standard Life Aberdeen broadens global talent on senior leadership team
• René Buehlmann appointed CEO Asia Pacific • Chris Demetriou appointed CEO UK, EMEA and Americas• David Mouille joins Corporate Development team
Standard Life Aberdeen has made three new appointments, building on existing expertise as well as bringing new talent into the business. The appointments support the company’s ambitious growth agenda and strengthen the alignment of the business around its growth vectors; Investments, Adviser and Personal (Savings & Wealth).
Stephen Bird, CEO, Standard Life Aberdeen said: “I am excited to announce these changes – we’re developing the great pool of talent we already have as well as attracting new expertise into the business. The strengthened executive leadership team has the expertise, judgement and drive to lead the business as we deliver on the strategic opportunities across our global business.”
Asia Pacific
René Buehlmann has been appointed CEO Asia Pacific (APAC). René joins with over 30 years of global wealth and asset management experience. He will be responsible for the business in some of the world’s fastest-growing savings and investments markets. René has particularly strong experience in China and will look to leverage Aberdeen Standard Investments’ global capabilities to further develop the investments vector across APAC.
Hugh Young has been appointed Chairman, Asia. He will continue to champion the business in Asia and be a source of trusted expert guidance for René in his new role. Hugh will remain as lead fund manager for Aberdeen Standard Asia Focus PLC and retain his director positions representing the firm on certain fund and UK investment trust boards. UK, EMEA, Americas
Chris Demetriou, formerly Head of Americas, will lead the Investments vector across the UK, EMEA and Americas. He will take up his new role on 1 April. This significantly broadened remit will drive greater commercial focus and help to deliver sustainable growth through strong collaboration on global investment capabilities. Gary Marshall, Head of UK & EMEA will be retiring later in the year and his responsibilities will transition to Chris. UK Adviser & Personal
There is a significant opportunity in the UK retail market as more individuals take on responsibility for their future wealth. The UK Adviser and Personal vectors are key strategic priorities as the business looks to capitalise on this opportunity and make it easier for people to save. To support this ambition, SLA is looking to appoint a CEO of the Personal vector and the search is developing well. In the interim, Noel Butwell, CEO of the Adviser vector, will also act as CEO of the Personal vector.
David Mouille has joined the Corporate Development team reporting to James Aird. David will be particularly focused on supporting growth in the Personal vector having considerable experience in corporate development and investment banking acquired at Citibank in Europe, Asia and the USA, and Merrill Lynch Asia.
Julie Scott, CEO of 1825 and interim lead for Personal, is leaving the business to take up a new role as Chief Customer Officer at Royal London.
Stephen Bird continued: “We have a fantastic platform for growth in this business. Asia Pacific is a key component of that growth, which is why I am delighted to add someone of René’s quality to the team – who can build upon Hugh’s legacy. I am really looking forward to welcoming René and David to the business and working closely with them to build on our existing capabilities and move forward with our strategic ambitions. And of course, I’m really delighted for Chris in his expanded role, he’s a fantastic home-grown leader.
I want to thank Hugh for his tremendous efforts over many years building our business in Asia. Hugh’s ongoing counsel and strategic advice will be invaluable as we continue to build our presence in the region. My thanks and best wishes also go to Gary and Julie for their leadership and the invaluable support they have provided to me and the business – I have very much enjoyed working with them both.”
Aon, Willis Announce Leadership Team for Post-Merger Brokerages
In anticipation of their proposed merger receiving final approval, insurance brokers Aon and Willis Towers Watson announced the future leadership team for the firm that will be effective following the close of the merger, which they expect to occur before the end of the second quarter.
The new organization, which will be named Aon, will be guided by what the executives are calling “a one firm” mindset.
“This talented team draws on the best of both from each organization and will be critical to delivering on the high aspirations we have for the new Aon,” said Greg Case, Aon CEO.
“As we learned more about each other’s organizations, it became clear that a fundamental driver of our success will be leaders who fully embrace a one firm mindset,” said John Haley, CEO, Willis Towers Watson. “The willingness to put the needs of clients and the entire organization ahead of their part of the business and any individual priorities will be the key to unlocking the full potential of the planned combination for the benefit of all our stakeholders.”