Marsh McLennan picks new Pacific CEO to bring ‘greater client impact’

Global broker  Marsh McLennan has appointed a new chief executive officer (CEO) of the Pacific region in a move to accelerate innovation and deliver “greater client impact” at the intersections of the company’s four businesses: Marsh, Mercer, Guy Carpenter and Oliver Wyman.

David Bryant has been named CEO Marsh McLennan Pacific, in addition to his responsibilities as Mercer Pacific President, effective March 1, 2023.

Bryant will lead a new collaborative effort in the region. He will report to Marsh McLennan International CEO Flavio Piccolomini and will continue to be based in Melbourne. Nick Harris, Marsh Pacific president, will report to Bryant and continue to report to Martin South, global president & CEO of Marsh.

As Mercer’s leader in the Pacific, Bryant has driven the strategy and growth of the business in the region, advancing Mercer’s strong portfolio of services across investments, superannuation and career consulting. He joined Marsh McLennan in 2020 following a successful career in financial services, asset consulting and banking across Asia and the Pacific.

Prior to joining Mercer, Bryant served as CEO of Wealth & Capital Markets and chief investment officer at Australian Unity, where he had held senior leadership roles since joining in 2004. He is also chairman of Australia’s Financial Services Council.

Harris has more than 20 years’ experience in the insurance industry, working in both insurance and broking across the UK and Australia. Prior to his appointment as CEO of Marsh Pacific in 2019, he was CEO of JLT Australia and New Zealand, having held senior roles in JLT’s specialty, employee health and benefits, and affinity businesses since he joined in 2010.

Piccolomini said: “David is a proven leader in the region, with experience leading multiple lines of businesses. He has a deep understanding of the challenges organizations in the Pacific face and has already led a variety of collaborative efforts across our businesses with spectacular results.”

Bryant added: “Our clients face a range of interconnected challenges from sustained inflation to the potential for geo-economic confrontation and that impacts their approach to risk management, workforce strategies, investments and more. They need capabilities from across our businesses to tackle these issues holistically, and that is what we will deliver together – greater expertise and client value.”

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