Babloo Ramamurthy has been named as European region leader of Towers Watson, the company formed from the merger of Towers Perrin and Watson Wyatt, which completed last month.
Ramamurthy’s new role at Towers Watson is identical to the one he held at Watson Wyatt. The new managing consultant for Towers Watson in the UK is Simon Gilliat, formerly head of Watson Wyatt’s global consulting practice.John Ball, formerly of Watson Wyatt, becomes head of UK and Ireland defined benefit consulting. Other former Watson Wyatt figures taking key roles include David Cross, head of general consulting, Kevin Stratford, head of defined contribution consulting, Jamie Winter, head of healthcare and risk consulting, Mick Calvert, head of financial planning and Martin Pike, European head of risk consulting and Software (RCS).
From the Towers Perrin side, Jacqueline Otten has become head of flex consulting and Andy Aldridge takes the role of UK head for RCS. Paul Trickett has been named as European head for investment consulting.
The new Towers Watson business will be headquartered in New York City, and former Watson Wyatt chief executive John Haley will serve as Towers Watson’s chairman and chief executive. Former Towers Perrin chief executive Mark Mactas will serve as deputy chairman, president and chief operating officer. The merger brings staff numbers in the UK to about 2750 people, with around 2,000 coming from Watson Wyatt and 750 from Towers Perrin. In the UK, there are currently 11 offices – two in London (one in Westminster, former Watson Wyatt; one in Holborn, former Towers Perrin). The firm’s Reigate office, holding nearly 1,000 people, is now Towers Watson’s largest office globally.
“We are delighted to finalise the merger and look forward to bringing a broader portfolio of services to our clients,” said Haley. “When it comes to managing costs, risks and people, the world is growing more complex every day. Towers Watson is uniquely positioned to help our clients gain the perspective necessary to take the right actions to drive business results.”