WTW, a global advisory and broking firm has appointed Anthony Plotnek to lead its recently combined Private Assets and Capital Management (PACM) team within its Insurance Consulting and Technology (ICT) business.
Within the role, Plotnek will be based in London, where he will report to Marcus Bowser, Managing Director, UK and Ireland Life.
Having first joined WTW in 2021, Plotnek, overall brings 16 years of experience across life insurance, consulting and insurance investments, towards his new role.
Before joining the broker, he held senior level roles as Head of Capital Management Projects at Just Group, and Capital Management Actuary at Retirement Advantage / Canada Life.
In addition, Plotnek also spent seven years post qualification at EY as a founding member of its Insurance Investment team.
Commenting on his new role, Plotnek said: “SUK reforms combined with the challenges firms are facing moving into a sustained period of high inflation and high rates are driving the need for greater sophistication in private asset valuation, modelling and risk management, including updating internal model calibrations for new private asset investments. I look forward to building on WTW’s strong track record in delivering bespoke solutions to help unlock value and enhance return on investment for our clients.”
Bowser, commented: “We are delighted to have Anthony lead the newly combined Private Assets and Capital Management business. He has a wealth of Solvency II regulatory and Private Asset experience, including unrivalled expertise in the equity release mortgage market having worked with the majority of insurers with exposure to the asset class. This senior appointment, combined with recent targeted hires, demonstrates our commitment to invest in industry-leading talent and further expand the scope of insurance investment and balance sheet management solutions to help clients excel.”
At the same time, WTW has also confirmed that both Muhammed Amjad and Gerard Anderson will also join the PACM team in August as Director and Associate Director respectively.
Amjad joins the company from Just Group, where he is the Head of Internal Model, while Anderson joins from Hymans, where he specialised in equity release mortgage structuring and sustainable investment.
These string of appointments follow the recent hires of Weihi Qin as Director, who joined WTW from Aviva providing the team with additional in-depth internal rating and credit calibration experience and capability, as well as Leonard Mapfumo as Associate Director, who joined from EY with significant experience of private asset valuations in an audit capacity.
