Major broker names new executives

AJG-OAMPS

More details of the new-look Arthur J Gallagher are starting to emerge, as the brokerage continued its integration of the recently-acquired OAMPS by announcing a suite of key executive appointments.

A month after announcing the departure of former OAMPS CEO Mike Cutter, the firm has named Mark Oatway as the Head of Corporate Broking, expanding his reach from the AJG corporate team to take on OAMPS’ as well.

Ross Castle, the former OAMPS Head of Corporate Broking, will assume the role Head of Insurer Relationships and Markets.

Meanwhile, Sarah Lyons, who OAMPS hired last year to head their commercial broking, has been promoted to Chief Operating Officer, giving her responsibility for the Australian branch network and associated operations.

Some support roles have been redundant, with OAMPS and AJG’s respective claims, finance, operations and other support teams being amalgamated under single leaders.

AJG Australia and New Zealand Managing Director Steven Lockwood says: “We have paid close attention to taking the best talent from our combined businesses and carefully considered how we can best leverage strong leaders and integrate our teams across Australia.”

“I am confident that the structure we now have in place absolutely aligns our business functions with the needs of a single branch network and corporate capability.

“This sets us on the path to deliver a compelling client proposition to the market, as well as providing an attractive proposition to vendors looking to sell their business.”

AJG acquired OAMPS and Wesfarmers’ stablemate Crombie Lockwood earlier this year in a $1b deal.