Brokers give cautious welcome to Ross appointment

welcome-mat-taiwan-buyout

Doubts remain about Towergate's future strategy.

Brokers generally view David Ross as a good appointment after he was unveiled as the future CEO of Towergate, but have differing opinions about the company's future. 

The former Arthur J Gallagher International CEO has taken on the same role at Sierra Investment Holdings - a company created by Highbridge Principal Strategies (HPS) to facilitate the Towergate takeover - ahead of taking up the post at the consolidator "following a transition period".

HPS is one of the leading firms among the

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