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Willis appoints Alistair Lester CEO of Faber Global


Willis Group Holdings P.L.C. has appointed Alistair Lester as CEO of its facultative and wholesale reinsurance arm, Faber Global, Willis announced Monday.

Willis also announced that Jason Howard, current CEO of Faber Global, has been appointed CEO of Acappella Group Holdings Ltd., the Lloyd's of London vehicle being set up by Willis and Ironshore Inc.

The appointments take effect July 1, Willis said in a statement.

Mr. Lester most recently was interim CEO of Willis Netherlands.

In addition, Willis announced that David Indge, most recently head of class of business in the performance directorate at Lloyd's of London, has been appointed chief underwriting officer of Acappella which, once it is fully established, will combine underwriting with offering analytical, capital markets and distribution capabilities.