Global insurance broker Howden has announced that it will now align its International Growth Markets (IGM) businesses with their respective regions, leading to a number of leadership appointments and regional structure changes effective April 1st, 2026.
The broker explains that its IGM division, which is led by Sonia Caamaño, builds and scales fast-growing businesses, and generated 16% p.a. average organic growth over the past three years as it prepares these businesses for integration into their regional structures.
Howden says that the success of this approach means that it will now “align the IGM businesses with their respective regions to serve clients and insurer partners even more effectively.”
This includes the creation of a new EMEA broking region, which brings the firm’s MEA businesses, including the UAE, Bahrain, Oman, Tanzania, South Africa, and its newly launched arm in the Kingdom of Saudi Arabia, in alignment with the Howden Europe business.
Luigi Sturani will serve as Chief Executive Officer (CEO) of EMEA, and Richard Mockett, CEO, MEA, will report to Sturani. Additionally, Paul Redgate will serve as Chairman, MEA, alongside his role as Chairman, Specialty.
The structural changes also aim to strengthen Howden’s business in the Americas, with the firm highlighting a “significant opportunity to align more closely for clients in the Americas by ensuring all Howden’s expertise and capabilities are available to them”.
In light of this, Mike Parrish has been appointed CEO, Americas, while Caamaño will lead Latin America and Caribbean as CEO, reporting to Parrish. As Howden looks to bring its capabilities to meet the ever-increasing demand for specialty expertise, Caamaño will lead the delivery of this to clients while driving collaboration with Howden’s newly established US retail business, also led by Parrish. Additionally, Caamaño will be supported by José Ignacio Lathrop once he assumes his role as Executive Chairman, Latin America.
The broker has also decided to align its business in India, led by Amit Agarwal, with the Asia region, led by Rohan Bhappu as CEO Asia. Additionally, Paul Redgate will take on the role of Chairman, Howden India.
David Howden CBE, CEO, Howden, commented: “As we continue to attract talent, aligning them to deliver to our clients is our priority. These changes reflect our continued commitment to get into the right shape, with the right talent in the right places for where clients need us today, and where they will need us next.
“Howden Americas, under Mike’s leadership, will bring together the exciting new retail broking operations in the US with our fast-growing business in Latin America. IGM has been a trailblazer in fast-growing markets for the past three years thanks to Sonia’s leadership, and I am delighted that she will now lead Latin America and Caribbean in this next phase. Luigi has significant experience of working in MEA and his leadership and experience will help Richard Mockett and his team as they move into a new growth phase. And Rohan has worked in India and knows many of the Howden team from his previous roles. These appointments are testament to the strength of our leadership group and together, they position us strongly for the next phase of growth.”
