Guy Carpenter & Company has launched its Capital Advisory Group in Asia Pacific and has appointed Michael Owen and Hussain Ahmad to lead the new operation.
The new Asia Pacific Capital Advisory Group provides capabilities to help clients make informed business decisions and offers bespoke structures designed to help manage financial volatility and address capital challenges.
Owen, chief actuary for Asia Pacific, has spent more than 20 years at Guy Carpenter and has extensive experience in enterprise risk management.
Ahmad, who joined Guy Carpenter in 2019 as head of structured reinsurance solutions for Asia Pacific, has over 15 years of experience in providing technical (re)insurance solutions across the region, including M&A valuations, capital management, and structured reinsurance.
Both Owen and Ahmad will maintain their current positions in addition to their new roles at Capital Advisory Group.
Commenting on the launch, Tony Gallagher, CEO of Asia Pacific, Guy Carpenter, says: “The new Asia Pacific Capital Advisory Group has been established in response to growing demand for more efficient capital structures and strategic insights that help companies achieve their financial objectives.”
He adds: “We have brought together a strong team comprised of experts in the areas of analytics, actuarial, structured solutions and catastrophe modeling, as well as IFRS 17, to meet the capital needs of our clients and deliver the best-in-class solutions.”
Aon launched its Asia Pacific Capital Advisory unit in November 2020.