Marsh Appoints Martin South President, US and Canada Division
July 21 2016 - 5:05PM
Business Wire
Veteran International Executive to Lead Marsh’s
Largest Region
Marsh Realigns Its Businesses in
Asia-Pacific
Marsh, a leading insurance broker and risk advisor, and a
wholly-owned subsidiary of Marsh & McLennan Companies, Inc.
(NYSE:MMC), announced today that it has appointed Martin South as
President, US and Canada division, effective September 1,
2016. Mr. South will report to John Doyle, President of
Marsh, and will be based in Marsh’s New York office. Mr. South will
oversee Marsh’s US core brokerage, businesses in Canada, and
portfolio of US businesses encompassing industries and
practices.
Prior to this appointment, Mr. South served as CEO of Marsh’s
Asia-Pacific region since 2013. As President, US and Canada
division, Mr. South succeeds Rob Bentley, who has transitioned to
work on strategic initiatives across Marsh & McLennan
Companies’ Risk and Insurance Services (RIS) segment, which
includes both Marsh and Guy Carpenter.
A veteran insurance industry executive with 30 years of global
operating experience, Mr. South previously served as CEO of Marsh
Europe, and prior to that, CEO of Marsh UK & Ireland. Mr.
South’s industry experience also includes senior leadership roles
at Zurich Financial Services, where he was a member of the Group
Management Board, responsible for all of Zurich’s operations
outside North America and Europe.
“I look forward to working closely with Martin to deliver
superior value to our clients in the US and Canada at this
important time in our industry,” Mr. Doyle said. “In today’s
evolving and dynamic environment, our clients rely on their trusted
advisors to help them navigate the rapidly shifting landscape.
Martin’s appointment reflects Marsh’s continued commitment to
seasoned regional leadership and delivering cutting-edge
capabilities to help our clients address the opportunities of the
day.”
“Martin is a highly accomplished and talented executive who’s
consistently produced results in important Marsh leadership roles
around the world,” said Peter Zaffino, CEO of Marsh, and Chairman
of Marsh & McLennan Companies’ Risk and Insurance Services.
"I’m delighted to have Martin leading our North American
business.”
Marsh Realigns Its Businesses in Asia-Pacific and the Middle
East
In connection with Mr. South’s new appointment, Marsh’s
businesses in Asia-Pacific and the Middle East, which previously
reported to Mr. South, have been realigned into three regional
units reporting to Mr. Doyle:
- Marsh Asia: David Jacob has been
appointed CEO of Marsh’s business in Asia, based in Singapore,
reporting to Mr. Doyle. Marsh Asia serves clients in the world’s
fastest growing region, consisting of: China, Hong Kong, India,
Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, Taiwan,
Thailand, and Vietnam. An executive with 26 years of experience
with Marsh, including 21 years in Asia, most recently David served
as Asia Sales and Specialty Leader. Previously, David served as CEO
of Marsh Hong Kong and Marsh Philippines.
- Marsh Pacific: Scott Leney will
continue to serve as CEO of Marsh Pacific, based in Sydney. Marsh
Pacific serves clients in the newly configured region, which
includes Australia, New Zealand, Papua New Guinea, and Fiji.
Consistent with Marsh’s regional realignment, Mr. Leney will now
report to Mr. Doyle.
- Marsh Middle East: Stephen Lundin will
continue to serve as CEO of Marsh Middle East, based in Dubai.
Marsh Middle East serves clients across the region from its offices
in Bahrain, Egypt, Oman, Qatar, Saudi Arabia, and United Arab
Emirates. Consistent with Marsh’s regional realignment, Mr. Lundin
will now report to Mr. Doyle.
About Marsh
Marsh is a global leader in insurance broking and risk
management. Marsh helps clients succeed by defining, designing, and
delivering innovative industry-specific solutions that help them
effectively manage risk. Marsh’s approximately 30,000 colleagues
work together to serve clients in more than 130 countries. Marsh is
a wholly owned subsidiary of Marsh & McLennan Companies (NYSE:
MMC), a global professional services firm offering clients advice
and solutions in the areas of risk, strategy, and people. With
annual revenue of US$13 billion and approximately 60,000 colleagues
worldwide, Marsh & McLennan Companies is also the parent
company of Guy Carpenter, a leader in providing risk and
reinsurance intermediary services; Mercer, a leader in talent,
health, retirement, and investment consulting; and Oliver Wyman, a
leader in management consulting. Follow Marsh on Twitter,
@MarshGlobal; LinkedIn; Facebook; and YouTube.
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version on businesswire.com: http://www.businesswire.com/news/home/20160721006446/en/
MarshSally Roberts, +1 303 952
9453Sally.Roberts@marsh.comorJason Groves, + 44 20 7357
1455Jason.Groves@marsh.com
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