Marsh says new Pacific President Josh Roach will take up the Sydney-based role effective from the start of January.
Mr Roach, currently CEO of Marsh McLennan in New Zealand, President of Marsh New Zealand and Chairman in Fiji takes on the new position after more than a decade with the broker in the Asia Pacific region. He will report to Marsh McLennan Pacific CEO David Bryant.
Mr Roach started with the company in 2009 in Hong Kong and led its private equity and mergers and acquisition practice across Asia for three years before moving to Australia. He was also Head of Marsh Specialty Pacific.
As reported in a breaking news last week, Mr Roach is taking over from Nick Harris who returns to London to become Marsh UK Retail CEO from the start of next year.
Mr Roach says he looks forward to harnessing the extensive industry expertise of colleagues to build greater resilience for clients and communities.
“Organisations across the Pacific are facing an increasing range of threats, including cyber risks, climate and weather-related hazards, supply chain vulnerabilities, and the cost-of-living crisis, which is compounded by rising inflation,” he said.
“Using our analytics and unique insights, I am confident that we will help our clients quantify and manage these risks and better plan for the future.”
Mr Roach will be responsible for all aspects of the Marsh Pacific operations, which encompasses insurance and risk advisory services across Australia, New Zealand, Fiji and Papua New Guinea.