Marsh Appoints Martin South President, US and Canada Division
New York | July 21, 2016
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.
Marsh is the world’s leading insurance broker and risk advisor. With around 40,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people. With annual revenue over $17 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses:. Marsh, Guy Carpenter, Mercer and Oliver Wyman. For more information, visit mmc.com, follow us on LinkedIn and Twitter or subscribe to BRINK.