FTI Consulting Bolsters Global Insurance Services Practice with Key Hires
June 15 2016 - 7:30AM
FTI Consulting, Inc. (NYSE:FCN), the global business advisory firm
dedicated to helping organizations protect and enhance their
enterprise value, today announced the appointments of four
professionals to the firm’s Global Insurance Services practice
within the Forensic and Litigation Consulting segment. The
expansion of the practice in North America includes the addition of
Jim Wrynn, who joins as a Senior Managing Director, Paul Goldean
and Steve Walden, who join as Managing Directors and Gary Bahadur
who joins as a Senior Director.
Jim Wrynn is a former New York State Superintendent of
Insurance, where he was instrumental in the development of national
and international regulations that govern the insurance industry.
Mr. Wrynn also helped form the New York State Department of
Financial Services (“DFS”), at which time he served as the first
Deputy Superintendent of the new department. Following his tenure
at DFS, Mr. Wrynn was a Senior Partner in the law offices of
Goldberg Segalla, LLP, where he led the firm’s Global Insurance
Regulatory practice. Most recently, he served as Managing Director
and Vice-Chair at the Guy Carpenter Global Strategic Advisory
Group. Mr. Wrynn will be based in New York.
Paul Goldean previously served at Scottish Re Group Limited in a
number of positions, including board member, Chief Executive
Officer, Chief Administrative Officer and General Counsel. Mr.
Goldean has extensive experience with restructuring and turnaround
matters, and led Scottish Re in reducing debt and implementing
improved accounting and actuarial processes as part of a complex
international bankruptcy and insolvency plan. Mr. Goldean will be
based in North Carolina.
Steve Walden most recently served as Senior Vice President
of Client Development at Risk Management Solutions (“RMS”) and as
Chief Executive Officer of RMS Japan. He played a major role in
establishing trusted advisor relationships with clients and advised
clients on catastrophe risk to help manage capital and determine
pricing for high severity, low frequency events. Mr. Walden will be
based in the Denver office.
Gary Bahadur is the former Chief Executive Officer of KRAA
Security, an IT risk and compliance company, where he provided
information security and IT services in the areas of strategy
development, vulnerability assessments and other crucial
cybersecurity areas. In addition to his time at KRAA, Mr. Bahadur
was a Co-founder of Foundstone, Inc., a security vulnerability and
risk management firm that was sold to McAfee in 2004. Previously,
Mr. Bahadur was a Senior Vice President at Bank of America, where
he led the redesign of the Company’s Global Threat Management
Lifecycle and Risk Forecasting strategies. Mr. Bahadur has
published several books and magazine articles on cyber and
information security and is a frequent speaker at industry
conferences.
“FTI Consulting has a strong reputation in the insurance
industry and we are committed to enhancing and expanding our
capabilities with strategic hires such as Jim, Paul, Steve and
Gary. Their respected expertise and impressive credentials further
contribute to our continued ability to serve clients around the
world,” said Wendy Shapss, Co-leader of FTI Consulting’s Global
Insurance Services practice.
“These four professionals bring decades of international
insurance experience,” added Paul Braithwaite, Co-leader of FTI
Consulting’s Global Insurance Services practice. “Their strategic
insight and varied perspectives serve to further strengthen our
ability to help clients in our key focus areas – business advisory,
cyber security, governance, transactions and litigation
support.”
FTI Consulting’s insurance professionals combine their business
and technical acumen to help insurers, reinsurers, captives,
brokers, investors, regulators, corporations and their legal and
business advisors address complex strategic and tactical issues.
The firm’s insurance professionals are at the forefront of the
industry in supporting the strategic requirements of boards and
senior executives to govern and guide, mitigate risk, protect
assets, meet compliance requirements and achieve performance
goals.
About FTI ConsultingFTI Consulting,
Inc. is a global business advisory firm dedicated to helping
organizations protect and enhance enterprise value in an
increasingly complex legal, regulatory and economic environment.
With more than 4,600 employees located in 28 countries, FTI
Consulting professionals work closely with clients to
anticipate, illuminate and overcome complex business challenges in
areas such as investigations, litigation, mergers and acquisitions,
regulatory issues, reputation management, strategic communications
and restructuring. The Company generated $1.78 billion in
revenues during fiscal year 2015. For more information, visit
www.fticonsulting.com and connect with us on Twitter
(@FTIConsulting), Facebook and LinkedIn.
FTI Consulting, Inc.
1101 K Street NW
Washington, DC 20005
+1.202.312.9100
Investor Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com
Media Contact:
Nicole Madison
+1.212.850.5647
nicole.madison@fticonsulting.com
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