WTW appoints new leader for recently merged PACM team

Willis Towers Watson (WTW) has appointed Anthony Plotnek to lead the broker’s new private assets and capital management (PACM) team within its insurance consulting and technology business.

Plotnek, who first joined the firm in 2021, will be based in London and report to Marcus Bowser, managing director for UK and Ireland life.

Prior to joining WTW, he held senior level roles at several firms, such as head of capital management projects at Just Group and capital management actuary at Retirement Advantage / Canada Life.

He also spent seven years post qualification at EY as a founding member of its insurance investment team.

“We are delighted to have Anthony lead the newly combined PACM business,” Bowser said in a statement earlier this week (4 July 2023).

“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.”

Plotnek added he was looking 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”.

Other appointments

Meanwhile, WTW also announced that Muhammed Amjad and Gerard Anderson will join the PACM team in August as director and associate director.

Amjad most recently served as the head of internal model at Just Group, while Anderson will join from Hymans.

These latest appointees followed the recent appointments WTW director Weihi Qin, who joined from Aviva, and Leonard Mapfumo, who joined the broker as associate director from Hymans.

Bowser said that WTW’s recent 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.”