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David Martin appointed CEO at UK's Willis Ltd.

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Willis Group Holdings P.L.C. has named David Martin as CEO of Willis Ltd, its U.K. arm, the company said Monday.

Mr. Martin will take up the post in May, subject to regulatory approval, Willis said in a statement.

In the role, Mr. Martin will succeed Steve Hearn, who remains deputy CEO of Willis Group, CEO of Willis Global and retains a position on Willis Ltd.’s board.

Mr. Martin currently is chairman and CEO of Willis’ U.K. insurance business and will continue in that role when he takes up his new post, the brokerage said in a statement.