WTW names APAC head of financial solutions

July 15 2020 by Yvonne Lau

Global broker Willis Towers Watson (WTW) has named Fabien Conderanne as the new regional head, financial solutions for Asia Pacific.

Conderanne (pictured) steps up and takes over from Stuart Ashworth, who has been promoted to global head of sales, innovation and client management in financial solutions, within the corporate risk and broking (CRB) business.

Based in Singapore, Conderanne joined WTW in 2017 as deputy head, financial solutions for Asia Pacific. He will lead the APAC team and oversee the development of all products — including credit and non-payment insurance, political risk insurance, surety, terrorism and political violence and lenders insurance advisory within the financial solutions global line of business, says an official statement.

Ashworth commented: “Having been the deputy head in his team for the last three years, [Conderanne] will ensure the continuity in the quality of service and advice that we have been providing to our clients and partners in Asia Pacific. His extensive experience and specialist knowledge in trade credit, non-payment and political risk insurance reaffirms our commitment in providing the most impactful solutions to our clients.”

Before joining the broker, he spent 16 years at Coface, a trade credit insurance firm; he served as chief executive for five years and chief financial officer for four years. He also headed up Coface’s investment department in France prior to his Asia Pacific move. 

Scott Burnett, head of Asia and head of corporate risk and broking, Asia for WTW, added: “We now live in extraordinary times where the relevance of our solutions and services to our clients has never been more urgent.”

Burnett continued: “We invest the time and resources to understand each client’s business, as well as the economic and credit risks that arise from operating in a world where geopolitical threats and regulations are in constant flux. [Conderanne’s] appointment reflects both a commitment to grow our talent and support our clients so that they can build resilience, wherever they operate in Asia.”