Faber Global, the reinsurance arm of Willis Group, has appointed Alistair Lester as CEO.
Lester will report to Steve Hearn, the chairman and CEO of Willis Global. Following this, Jason Howard will become the CEO of the newly formed Acappella Group Holdings.
The new appointments are effective from 1 July.
Lester previously served as the head of European M&A practice and subsequently international head of M&A.
Howard’s appointment as CEO of Acappella Group follows his role as Faber CEO.
Hearn commented: “Lester brings a wealth of global client expertise, essential to continuing Faber’s impressive growth in international markets.”
Lester added: “I look forward to building on Faber’s strong growth record.”
David Inge of Lloyds of London also recently joined the company.