BMS strengthens Japan presence with new director | Insurance business America
The Japan division now has experience in legal, investment banking, consulting and insurance
reinsurance
By Kenneth Araullo
Independent specialist insurance and reinsurance broker BMS Group has appointed Ryo Iizuka (pictured above) as Director of Private Equity, Mergers and Acquisitions and Tax (PEMAT) in Japan with immediate effect.
Based in Tokyo, Iizuka will report to Tim Hewitt, head of BMS Japan. The Japanese office has been operational since mid-2023 and now consists of a team with experience in legal, investment banking, consulting and insurance.
Iizuka brings extensive experience from major global investment banking and M&A advisory firms, having held senior positions at Deloitte, Accenture and HSBC. He will work with Hewitt and partner Kaori Iwai to meet the growing demand in Japan for independent, expert advice and tailored insurance solutions to mitigate complex risks in various transactions.
BMS said Iizuka’s M&A experience and track record of implementing successful strategies for Japanese and global companies, including corporations and private equity firms, will enhance the company’s capabilities in Japan’s active M&A market.
BMS has expanded its presence in Asia in recent years with offices and multilingual experts in Hong Kong, Seoul and Singapore. This growth enables BMS to offer comprehensive services in the region’s major financial centers.
According to BMS’ 2024 PEMAT report, there has been a resurgence in M&A activity in Asia, particularly Japan, resulting in increased demand for the PEMAT team’s services. Iizuka’s appointment underscores BMS’s commitment to Japan and the broader region.
Hewitt explained that Iizuka’s broad perspective and experience will add a new dimension to the BMS team, particularly in advising on Japan-related M&A strategies.
“I look forward to working with Ryo as my frontline partner as we continue to challenge the market with new solutions for insureds. We have had a great first year in Japan and the hiring of Ryo underlines our commitment to providing insurance solutions as strategic deal advisors,” he said.
Iizuka expressed excitement about collaborating with colleagues around the world and building BMS’s reputation in Japan.
“I can’t wait to work with our colleagues around the world and, with Tim and Kaori, build BMS’ reputation as a challenger in Japan by applying my M&A expertise to help develop and launch new transaction insurance solutions for the insured in “To help Japan,” he said.
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2024-07-02 13:00:00
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