Towers Watson has appointed Alan Merten as director, Risk Consulting & Software, and a member of its Asia Pacific leadership team.
In this role, Alan will support the development of merger and acquisition along with management consulting services for insurance clients across the Asia Pacific region, with a primary focus on South East Asia. He is based in Singapore.
“The South East Asian region consists of a number of fast-growing and dynamic markets where insurance and financial institutions are looking for world-class consulting support to assess and grasp the opportunities,” said Alan Merten. “When it comes to M&A and distribution deals in Asia, much of the price evaluation is about future value that can be generated, rather than the embedded value of an in-force policy book. Therefore, maximizing the value of an acquired business or relationship is as important as paying a fair price.”
Alan brings nearly 30 years of experience in management, technical and consulting roles. Most recently, he was the CEO of the Indonesian subsidiary of one of the world’s largest listed life insurance and wealth management companies. As such, Alan is very well-placed to provide sound strategic advice to and share valuable hands-on experience with insurance clients.
“The experience Alan brings is particularly valuable in the important aspect of post-transaction integration and execution. This is a crucial area where we are increasingly helping our clients,” said Mark Saunders, Managing Director, Asia Pacific Insurance Sector and Risk Consulting & Software Practice Leader. “Success in integration comes not just from good execution post-deal, but also from efficient detailed pre-deal and deal-stage considerations of, and expertise in planning and preparation for the optimal future of the organization.”
“Alan has worked for the Asia Pacific insurance industry since 1985, based in Australia, Switzerland, Hong Kong and Indonesia, and has successfully led companies through both evolutionary and transformational change in dynamic, fast growth environments,” said Michael Freeman, Managing Director, Risk Consulting & Software, Asia Pacific. “We are very pleased to have Alan join our highly talented team, bringing in a wealth of experience from M&A, business strategy, operational efficiency to distribution strategy and implementation.”
Alan’s academic achievement includes a Bachelor of Economics from Macquarie University as well as an MBA from the Macquarie Graduate School of Management. He is a Fellow of the Institute of Actuaries of Australia.
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