London | 8 February, 2023
Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, today announced the appointment of Chris Lay as CEO Marsh McLennan UK, in addition to his responsibilities as CEO of Marsh UK, effective 1 March 2023.
Mr. Lay will lead a new collaborative effort in the region to deliver innovative solutions and greater client impact at the intersections of the Company’s four businesses: Marsh, Mercer, Guy Carpenter and Oliver Wyman. He will report to Marsh McLennan International CEO Flavio Piccolomini. Benoit Hudon, CEO of Mercer UK, will report to Mr. Lay and continue to report to Martine Ferland, Global President & CEO of Mercer.
“With a career of more than 30 years, Chris is a one of the firm’s most experienced leaders,” said Mr. Piccolomini. “Having held senior leadership positions in the UK, Europe, the Middle East and Africa, North America, and globally, he has a deep understanding of the challenges organisations face, as well as the wide range of Marsh McLennan’s capabilities to address them. He has already led numerous collaborative efforts across our businesses to help clients from a broad variety of sectors.”
Mr. Lay added: “UK businesses face widely varied but interconnected risks, from sustained inflation to workforce challenges, and the potential failure of climate-change adaptation. Our clients need a broad range of capabilities from across our businesses to tackle these challenges, and that is what we will deliver together – greater client value.”
In addition to his various regional leadership roles, Mr. Lay has also led business development for Marsh’s International Division and had global responsibility for the company’s sales function and captive solutions business. He has also served as President of Marsh Canada.
Mr. Hudon joined Mercer in 2013, holding various leadership positions including Global Defined Benefit Leader, Europe & Pacific Wealth Leader, Mercer Canada Retirement Leader, and Mercer Canada Retirement Innovation Leader, before becoming leader of its UK Wealth business 2018. He was appointed as CEO of Mercer UK in 2022.
About Marsh McLennan
Marsh McLennan (NYSE: MMC) is the world’s leading professional services firm in the areas of risk, strategy and people. The Company’s more than 85,000 colleagues advise clients in 130 countries. With annual revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh provides data-driven risk advisory services and insurance solutions to commercial and consumer clients. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and wellbeing for a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit marshmclennan.com and follow us on LinkedIn and Twitter.
