Willis Names Walkiewicz coping with Director insurance funding Banking

Willis institution Holdings has appointed Rafal Walkiewicz as handling Director of its coverage funding banking division, Willis Capital Markets & Advisory (WCMA).

He will be based in new york “following the give up of his be aware period in August, and will play a key function in growing similarly the firm’s capital raising and mergers & acquisitions (M&A) commercial enterprise,” the declaration stated. “he's going to document directly to WCMA’s CEO, Tony Ursano, and his appointment will further fortify WCMA’s government leadership.”

Walkiewicz joins Willis from Goldman Sachs in which he spent the beyond 10 years in its economic institutions group, centered on the coverage space. earlier than this he changed into President and CEO of BMT financial services, a Polish SEC registered stockbroker, asset supervisor and funding banking boutique. previous to beginning his commercial enterprise profession, Walkiewicz, who received his MBA from the Harvard enterprise school, additionally spent seven years running as an Assistant Professor at Warsaw college of Economics.

The bulletin also indicated that he “brings a wealth of insurance industry knowledge and information, and has finished over $50 billion of M&A and financing transactions. these include the $2.3 billion sale of coverage dealer USI from Goldman Sachs’ personal equity fund to Onex, the $865 million sale of ally’s Mexican percent coverage commercial enterprise ABA Seguros to ACE, the $16.2 billion sale of Alico to MetLife, ACE’s $2.four billion acquisition of Aon’s combined insurance, and GE’s $9.1 billion sale of its reinsurance unit to Swiss Re.”

Ursano said the appointment “deepens and broadens WCMA’s already bold pool of know-how. He brings with him an awesome choice of strategic industry relationships, in-intensity know-how of the insurance marketplace and massive revel in of executing high profile transactions. I trust that he'll make a widespread contribution to our team helping us in persevering with to construct a world-magnificence coverage funding banking platform.”