Martin South has been appointed president and CEO of Marsh and vice chair of Marsh McLennan from 1 January 2022. South has more than 30 years of global insurance experience, including serving as CEO for Marsh’s Asia-Pacific region, Marsh UK & Ireland and Marsh Europe.
He replaces John Doyle, who has been promoted to group president and chief operating officer of Marsh McLennan and will continue as vice chair of the company.
Other changes see Dean Klisura named president and CEO of Guy Carpenter, and Pat Donnelly replace South as president of Marsh US and Canada from 1 January 2022.
In his new role, Doyle will have the CEOs of Marsh, Guy Carpenter, Mercer and Oliver Wyman all reporting to him. Doyle, meanwhile, will report to Marsh McLennan president and CEO Dan Glaser.
“John has been an indispensable partner to me and a critical part of our company’s success,” said Glaser. “Marsh has thrived under his leadership, experiencing several years of accelerated revenue growth and record new business. He’s established at Marsh an even stronger culture of colleague engagement, inclusion and diversity. With John in this new role, we’ll have additional leadership focus on our strategic and operational priorities across the enterprise, giving us the ability to unlock more potential across our organisation.”
Commenting on Donnelly’s appointment, South said: “Marsh US and Canada has a talented team, and the region has consistently stepped up to help our clients through a challenging risk landscape over the last 18 months. Pat’s experience and leadership will help Marsh US and Canada continue to achieve its business goals, meet clients’ challenges in the years ahead, and offer enhanced opportunities for our colleagues.”
Martin South, appointment, Marsh McLennan, insurance, Reinsurance, John Doyle, Dean Klisura, Guy Carpenter, Pat Donnelly, revenue, North Aamerica