London-based Willis Group Holdings insurance brokerage announced it has appointed Eugenio Paschoal chief executive officer for the Latin America region.
The company said Mr. Paschoal's appointment underlines its commitment to ensuring its international offices receive strong leadership from within the territories and reinforces the importance of Latin America to its global network.
Willis noted that Mr. Paschoal has spent the last 10 years heading Willis Brazil, where it said he “demonstrated outstanding leadership as a member of the senior Latin America management team.”
According to Mr. Paschoal, “Our objective is to put in place a growth-driven regional structure focused on operational efficiency and sales process. We also want to invest further in our platform so we can continue to provide the highest levels of service to our clients.”
“Latin America's fast-growing economy,” he said, “presents great opportunity for growth in all segments including large risks, small commercial, employee benefits and affinity business.”
Mr. Paschoal replaces Jose Ribeiro, who left Willis earlier this year for a senior role at Lloyd's.
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