WTW North America forms China desk
WTW has announced the launch of a new China Client Division within Corporate Risk and Broking, North America (CRB NA).
The broker said this move marks a “significant milestone” in the company’s strategy to expand its presence and broaden offerings focused on the Chinese market.
The new China Client Division is part of the broader Asia Risk Division, established in December 2023, which encompasses country-specific teams for Japan, South Korea, India and China.
“These particular groups were created to address the specific cultural and economic dynamics of each country, alongside their distinctive approaches to risk management in each market,” said the firm.
All practice groups within the Asia Risk Division report to Christopher Condello, head of the Asia Risk Division within CRB NA, who spearheads this strategic expansion and focuses on delivering innovative solutions tailored to the unique needs of Chinese clients. Condello said: “Our focus is on building a market-specific team that can deliver tailored solutions for clients in this key market.”
This new China client strategy includes the appointment of Jie Yan as China client division leader, effective 1 September 2024.
The broker said that Yan brings a wealth of expertise and cultural understanding of the nuances specific to the Chinese market. “She has consistently demonstrated exceptional leadership and robust market knowledge, aligned with driving growth and cultivating deep client relationships, making her the ideal selection to lead this new division and execute the China strategy,” said the firm.
Condello added: “We are excited about the opportunities this new division presents and I am confident that, under Jie’s leadership, we will be able to deliver unparalleled support and service to our Chinese clients with operations in North America. Our focus is on building a market-specific team that can deliver tailored solutions for clients in this key market.”