Gallagher Bassett has promoted Pete Nicholson to the role of Australia CEO following experience with the company that has included driving growth through mergers and acquisitions (M&A).

Mr Nicholson takes over the position, effective Thursday next week, from industry veteran John McNamara, who will serve as Director, Strategic Partnerships until his planned retirement next year.

Mr Nicholson has more than 20 years financial and operations experience locally and overseas. He joined Gallagher Bassett as Australia CFO in 2017, was later appointed International CFO and has most recently served as local deputy CEO.

Gallagher Bassett says during his tenure he has successfully led the international team and the M&A strategy, enhancing sustainable profitable growth for the company.

In the new role he will report to International Executive Vice President Jon Winsbury.

“Pete is a well-recognised, global leader, who has successfully positioned [Gallagher Bassett] Australia for planned growth and expansion,” Mr Winsbury said.