WTW, a global advisory, broking and solutions company, is strengthening its M&A practice in Asia Pacific within its Financial, Executive & Professional Risks business with the appointment of Steven Torresan.
Torresan was named Head of M&A in WTW’s Financial & Executive Risks (FINEX) business, for Asia Pacific and Africa, a Sydney-based role.
The executive is taking over his new role following his tenure as the leader of WTW’s M&A practice for its Australasia business.
He brings significant experience to his new role having worked as a lawyer at Norton Rose and then as a co-founder of Risk Capital Advisors (RCA), a specialist Mergers & Acquisitions broker in Australia, New Zealand and South Africa, acquired by WTW subsequently in 2019.
According to the announcement, Torresan will continue to work closely with Alex Keville, Global Head of M&A and Private Equity; Terence Montgomery, Head of M&A, Asia; as well as Guy Miller and Andrew Stubbings (also co-founders of RCA), who will assume joint responsibility to co-head the M&A Australasia business, in WTW’s FINEX team.
Jeremy Wall, Global Head of FINEX, WTW, commented: “The new team structure allows us to leverage on our FINEX global lines of business whose team of Financial, Executive and Professional Risk experts provide a wide range of specialist advice and services to companies in Asia Pacific.
“This further enhances our client offerings both locally and regionally as the team works alongside specialist experts across all WTW’s Global Lines of Business to provide companies with market leading advice and insurance solutions to address their industry-specific risks.”
Simon Weaver, Head of Asia Pacific and Head of Corporate Risk & Broking, Asia Pacific, WTW, added: “Drawing on our experience from more than 1,000 M&A and private equity transactions we support every year globally, the combination of our teams in Asia Pacific strengthens our value proposition for companies in this region, particularly clients who are involved in M&A activities domestically and internationally. We see an opportunity to invest and build out our capabilities to serve this market.”
