#USA #Chicago #Retirement Services #Hub International #Employee Benefits

Hub International Strengthens Its Leadership Team

Introduction
On April 10, 2025, Hub International Limited, a prominent global insurance brokerage and financial services firm, announced significant changes to its leadership structure within the U.S. Employee Benefits and Retirement & Private Wealth sectors. These appointments reflect Hub's commitment to enhancing its services in a competitive market, aiming to further align their offerings across various sectors.

New Leadership Roles
Mustafa Faizani has been appointed Executive Vice President of U.S. Employee Benefits and Retirement & Private Wealth, effective May 5, 2025. Faizani's extensive experience in the industry, coupled with his proven skills in mobilizing sales and servicing teams, positions him well to lead Hub towards innovative solutions and improved collaboration among its business lines. Marc Cohen, Chairman and CEO of HUB, highlighted Faizani's strengths in digital and artificial intelligence innovation as key elements that will help align benefits and retirement services more effectively.

In addition, Michael Booth has taken on the role of President of the U.S. Employee Benefits Practice, succeeding Mike Barone, who has successfully led the practice over the past twelve years. Barone transitions to a role focusing on mergers and acquisitions, recruiting talent, and offering sales assistance to the firm’s producers. Booth's track record with HUB marks him as an ideal fit for this leadership position. His relentless focus on client retention and sales growth has been instrumental in the practice's development.

Strategic Vision
Hub International is prioritizing the integration of its Employee Benefits and Retirement sectors, with a strong emphasis on cross-selling opportunities to enhance organic growth. Faizani's new strategies aim to harness proprietary go-to-market solutions that capitalize on existing market opportunities. Cohen emphasized the importance of employee benefits for Hub's small to mid-market clients, making it essential for leadership to focus on sustaining client relationships and expanding service offerings.

Experience and Background
Mustafa Faizani brings nearly two decades of expertise in employee benefits and retirement consulting to his new role. His previous positions at a global health and retirement professional services firm and his significant experience in institutional investment client roles underline his capability to lead Hub’s initiatives. Faizani holds an MBA in finance from Pepperdine University and a BBA from the University of Houston, equipping him with a solid educational foundation for navigating the complexities of employee benefits and retirement.

Michael Booth's journey within Hub began in December 2015 when he took on the role of Chief Sales Officer for the Midwest Region. Over the years, he has demonstrated considerable growth, ultimately leading the U.S. Employee Benefits Practice and now spearheading further investments in this vital area. His focus on developing a competitive edge through a robust team of over 5,000 employee benefits professionals underscores Hub's commitment to providing comprehensive solutions.

Conclusion
As Hub International moves forward with these new leadership appointments, the firm is set to enhance its service delivery in the U.S. Employee Benefits and Retirement sectors. The strategic decisions taken today are anticipated to bolster Hub's market positioning, ensuring they remain ahead of evolving industry standards. With a strong emphasis on fostering collaboration and developing innovative solutions, Hub is poised for continued success in the insurance brokerage and financial services sector. For further information about Hub International and its services, visit their Hub Media Center.

Contact
For media inquiries, please reach out to:
Jessica Wiltse
Phone: 312-596-7573
Email: jessica.wiltse@hubinternational.com
Clark Wormer
Phone: 312-279-4848
Email: clark.wormer@hubinternational.com