JLT UK Employee Benefit chief executive Duncan Howorth is stepping down just five months after returning to the post following a stint heading up the firm’s Asia business.
Howorth is succeeded by Bala Viswanathan who was formerly group COO, having joined JLT in 2006.
Howorth, who has decided to retire for personal reasons, returned to the UK role in June to succeed Mark Wood, after having been CEO of JLT Asia for two years.
Viswanathan played a role in establishing the group’s shared service centre in Mumbai. In April 2014, he was appointed group COO and joined the group executive committee, relocating to London. He has also been a non-executive director of the UK EB business since April 2015.
JLT group CEO Dominic Burke says: “Bala has a deep understanding of the UK employee benefits market from his previous roles at Prudential and Paternoster and as the architect of our Mumbai knowledge centre, which was initially established to serve our UK Employee Benefits business. His experience and entrepreneurial drive will enable him to drive the next phase of this business’ growth.
“I would like to thank Duncan on behalf of the group for the important contribution he has made over the last 15 years in building out our Employee Benefits businesses in the UK and internationally and, more recently, during his successful period as CEO of JLT Asia. On behalf of JLT, I wish him and his family all the best for the future.”