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15 April 2020Insurance

Willis Towers Watson appoints senior director for Climate and Resilience Hub

Willis Towers Watson has appointed Matt Scott as a senior director in its Climate and Resilience Hub. He will spearhead advice on policy, financial regulation and green finance helping organisations manage their climate related risks.

Willis said Scott played an integral role in the Bank of England’s climate team under Governor Mark Carney from 2014 and led delivery of the UK Government’s landmark Green Finance Strategy in 2019.

At the Bank of England, he created the formative physical, transition and liability framework for climate related financial risks and led the Bank’s Climate Hub under executive director Sarah Breeden. He also supported the international agenda through the Anglo-Chinese chaired G20 Green Finance Study Group and Central Bank and Supervisors Network for Greening the Financial System (NGFS). In 2018, he was seconded to Government, where he led the development and launch of the UK's Green Finance Strategy which set expectations for mainstream TCFD disclosure by 2022.

John Haley, CEO of Willis Towers Watson, said: “We are all delighted that Matt has joined Willis Towers Watson. He brings unique, long standing expertise and practical experience that will further enhance the first-class climate advice and services we provide. His arrival underlines Willis Towers Watson’s commitment and leadership to support our clients’ evolving risk, investment and human capital needs under our Climate Quantified brand.”

Rowan Douglas, head of the Climate and Resilience Hub said: “Having known Matt and respected his climate work and leadership since 2014, his arrival is a major step in building a comprehensive and diverse team across the company through the Climate and Resilience Hub (CRH). The CRH integrates expertise that clients require for the Climate Decade ahead and strengthens the company’s commitment to global initiatives including the Coalition for Climate Resilient Investment and Insurance Development Forum.”

Scott added: “Willis Towers Watson’s global reach and role intermediating key markets provides an exciting platform to continue to drive change. Our combination of people, risk, and capital means we are uniquely placed to help clients navigate a rapidly evolving policy landscape. I look forward to working with John, Rowan and the wider team to achieve these goals.”

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