December 18, 2018
Marsh has revealed a string of future leadership appointments for its specialty, regional and placement teams as parent company, Marsh & McLennan Companies (MMC) gears up for its acquisition of JLT.
The new leadership roles are to be divided among JLT and Marsh staff, with all appointments becoming effective once the transaction closes.
Within its newly established Marsh-JLT Specialty business, the broker outlined the appointments of specialty leaders on both a global and regional level.
On the global specialty leader side, Simon Harker, currently global aviation and space leader for Marsh, will become global head of aviation, while Richard Gurney, currently global head of construction for JLT, will assume the role of global head of construction.
Nick Robson, currently global head of credit, political and security risk for JLT, will become global head of credit specialty. Evan Freely, currently global credit specialty leader for Marsh, will become Deputy global head of credit specialty, reporting to Robson.
Andrew George, currently global industry specialty leader for Marsh, will become global head of energy & power, whilst Jim Pierce, currently global head of energy, power & mining for JLT, will assume the position of chairman of global energy & power.
Mark Wood, currently global head of financial lines for JLT, will become head of financial and professional lines (FINPRO) international. Devin Beresheim, currently US FINPRO practice head for Marsh, will become head of FINPRO US and Canada.
Marcus Baker, currently global marine leader for Marsh, has been appointed global head of marine.
Karen Beldy Torborg, currently Marsh’s global private equity and mergers and acquisitions (PEMA) and infrastructure leader, has been named global head of PEMA and infrastructure.
Meanwhile, regional specialty leaders include Paul Moody, currently Marsh UK & Ireland specialty leader, who will assume the role of head of Marsh-JLT Specialty for the UK & Ireland, whilst Roy White, currently chairman of UK Specialty for Marsh, will become UK & Ireland chairman.
Paul Knowles, currently CEO of UK, Europe and South Africa for JLT, will become head of Marsh-JLT Specialty in Continental Europe.
Dominic Samengo-Turner, currently CEO of Asia for JLT, has been named head of Marsh-JLT Specialty in Asia.
Pat Donnelly, currently CEO of the US for JLT Specialty, has been appointed head of Marsh-JLT Specialty for US and Canada.
Josh Roach, currently Marsh specialty leader for Pacific, will become head of Marsh-JLT Specialty for Pacific.
Peter Foley, currently Marsh retail placement & specialty Leader in Latin America, will become head of Marsh-JLT Specialty for Latin America, whilst Gaurav Bhatnagar, currently Marsh retail placement & specialty Leader in Middle East & Africa (MEA), will become Head of Marsh-JLT Specialty in MEA.
Global specialty leaders will report to Lucy Clarke, who as previously announced, has been named president of Marsh-JLT Specialty, with JLT Group CEO Dominic Burke assuming the role of chairman of the combined specialty unit in addition to becoming vice chairman of MMC.
Regional specialty leaders will report both to Clarke and their respective regional leader.
Turning to Marsh International, Adrian Girling, currently chairman UK, Europe and South Africa for JLT, will become chairman of UK & Ireland corporate and risk management for Marsh, reporting to Chris Lay who will remain as CEO of the UK & Ireland.
Siegmund Fahrig and Ricardo Brockmann will remain as CEO of Continental Europe and CEO of Latin America, respectively.
Nick Harris, CEO of Australia and New Zealand for JLT, has been appointed CEO of Pacific for Marsh. Scott Leney, currently Marsh Pacific CEO, will become CEO for Australia, reporting to Harris.
Meanwhile, Andre Louw, currently chairman of Australia and New Zealand for JLT, will become chairman of Pacific for Marsh.
Christos Adamantiadis will continue as CEO of MEA. Peregrine Towneley, currently CEO of MEA for JLT, will become chairman of Middle East for Marsh.
Robert Makhoul, currently MMC’s country corporate officer and chairman of Middle East for Marsh, will continue as MMC country corporate officer for the Middle East.
Marsh’s David Jacob and Alan Cheah will continue in their respective capacities of Asia CEO and Asia chairman. James Addington-Smith, currently Asia specialty leader for Marsh, will become CEO of ASEAN, a sub-region of Asia, reporting to Jacob.
All international regional leaders will report to Flavio Piccolomini, president of Marsh International.
Within Marsh US and Canada, Martin South, president of Marsh US and Canada, will continue to lead the region, whilst Sarah Robson will continue as chief executive of Canada, reporting to South.
As previously announced, Dean Klisura will become president of Marsh Global Placement, with regional placement leaders continuing in their current positions reporting to Klisura and to their respective regional leader.
Commenting on the news, John Doyle, president and CEO of Marsh said: “The combination of Marsh’s and JLT’s capabilities and colleagues is an exciting opportunity to deliver greater value to clients,
“These roles are being filled by experienced and talented leaders who will have a positive impact on our business.”