LONDON, 28 April, 2016 — Willis Towers Watson, (NASDAQ: WLTW), the leading global advisory, broking and solutions company, has announced the appointment of Vincent Lien as Managing Director of Hong Kong for Willis Capital Markets & Advisory (WCMA), the firm’s investment banking business.
Reporting to WCMA Co-CEO’s, Michael Guo and Rafal Walkiewicz, Lien will be based in Hong Kong and focus on expanding WCMA’s relationship with multinational insurers, Asian institutional investors, and financial institutions in the region.
He joins WCMA from Deutsche Bank in Hong Kong, where he was a senior member of the Banking, Financial Institutions Group. Prior to this, Lien spent six years at Merrill Lynch’s investment banking division in the US and Hong Kong. He holds a Masters of Arts in Economics from New York University and a BA in Economics and Mathematics from Whitman College, Washington.
Lien brings a wealth of experience in the execution and origination of insurance transactions, including Anbang Group's acquisition of Vivat Insurance in the Netherlands, Principal Financial Group's acquisition of AXA's retirement business in Hong Kong, Cathay Life's minority stake acquisition of Rizal Commercial Banking Corporation in the Philippines and AIA's acquisition of Aviva NDB Insurance in Sri Lanka.
WCMA advises clients in the insurance and reinsurance industry on mergers and acquisitions, capital markets transactions and insurance-linked securities. Most recently WCMA has advised on two successfully closed China – US cross border insurance transactions; the sale of Meadowbrook Insurance Group, Inc to Fosun International, Ltd and the sale of Sirius international Insurance Group, Ltd to China Minsheng Investment Corp, Ltd.
Commenting on the appointment, Co-CEO of WCMA, Michael Guo said: “Vincent is an excellent addition to our team in Asia and I am delighted to have him onboard. His extensive investment banking experience with global and regional financial institutions in the US and Asia will significantly strengthen our team’s expertise and capabilities.
“The deep market knowledge of our team in Asia was instrumental to the success of the recently closed transactions. WCMA has a closely integrated global team and it is our unique access to Asian investors that strongly differentiates our client offering in driving success in cross-border M&A transactions.”
Vincent Lien said: “I am excited to be joining Willis Towers Watson and embarking on a new challenge with WCMA, a specialist insurance platform with an established track record. I look forward to working with the team to further develop and broaden their market coverage in Asia."
About Willis Capital Markets & Advisory
Willis Capital Markets & Advisory, with offices in New York, London, Hong Kong and Sydney, provides advice to companies involved in the insurance and reinsurance industry on a broad array of mergers and acquisition transactions as well as capital markets products, including acting as underwriter or agent for primary issuances, operating a secondary insurance-linked securities trading desk and engaging in general capital markets and strategic advisory work. Willis Capital Markets & Advisory (“WCMA”) is a trade name used by Willis Securities, Inc., a licensed broker dealer authorized and regulated by FINRA and a member of SIPC (“WSI”), Willis Capital Markets & Advisory Limited (Registered number 2908053 and ARBN number 604 264 557), an investment business authorized and regulated by the UK Financial Conduct Authority (“WCMAL”) and Willis Capital Markets & Advisory (Hong Kong) Limited, a corporation licensed and regulated by the Hong Kong Securities and Futures Commission (“WCMAL (HK)”).
About Willis Towers Watson
Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 39,000 employees in more than 120 territories. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance. Together, we unlock potential.