Gallagher Re establishes new climate resilience practice

Gallagher Re has appointed Antoine Bavandi in the newly created role of global head of Public Sector, Parametric and Climate Resilience Solutions, effective immediately.

Based in London, UK he will report to Printhan Sothinathan, CEO Global Analytics and Advisory, Gallagher Re.

Mr Bavandi has more than 17 years of experience and joins Gallagher Re from his most recent position as senior climate and disaster risk finance specialist at The World Bank. In his previous role, he was responsible for advising governments, insurance and banking sector clients on the financial risk management of climate and catastrophe events through an analytics-driven approach to risk transfer strategies and derivative products. Prior to this, he worked at ArgoGlobal and Allianz Global Corporate and Specialty as a catastrophe risk portfolio manager and class underwriter.

Printhan Sothinathan, CEO Global Analytics and Advisory, Gallagher Re said: “The addition of Antoine to our growing and talented team is an exciting strategic development for Gallagher Re. His complementary expertise, client focus and analytical, forward-thinking approach will be a huge asset to our business. Antoine’s extensive experience in working across both the public and private sector spheres will be invaluable in helping our clients navigate complex challenges, including climate and other systemic risks in an increasingly inter-connected world. Antoine is the ideal person to lead our newly established practice and we are delighted to welcome him into our expanding team.”

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