Marsh Names Eugênio Paschoal CEO of Marsh Brazil

NEW YORK--(BUSINESS WIRE)-- Marsh, the world’s leading insurance broker and risk advisor, today announced the appointment of Eugênio Paschoal as CEO of Marsh Brazil effective January 1, 2011.

In his new role based in São Paulo, Mr. Paschoal will be responsible for driving Marsh Brazil’s operating model and ambitious expansion strategy. He succeeds Thomaz Menezes, who left the company in March to become CEO of Sul América Seguros e Previdência.

Mr. Paschoal brings more than 25 years of insurance broking experience to Marsh, most recently serving as managing director of Willis Latin America and Caribbean. Prior to that, he spent 12 years as CEO of Willis Brazil.

“We are thrilled that Eugênio has decided to join Marsh. His extensive knowledge of the Brazilian market and successful track record as a CEO will be invaluable as we seek to expand our operations in this exciting economy,” said Alexander Moczarski, President of Marsh’s International Division.

“Brazil is a key component to our growth strategy in Latin America,” added Ricardo Brockmann, Head of Latin America and Caribbean for Marsh. “With the addition of Eugênio, we will be in an even better position to take advantage of this tremendous opportunity.”

Until Mr. Paschoal’s arrival at the first of the year, Renato Cassinelli, Regional Employee Benefits Practice Leader for Latin America and Caribbean, continues as interim head of Marsh Brazil.

About Marsh

Marsh has over 24,000 employees and provides advice and transactional capabilities to clients in over 100 countries. Marsh is a unit of Marsh & McLennan Companies (MMC), a global professional services firm with over 50,000 employees worldwide and annual revenue of $10 billion. MMC also is the parent company of Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and related financial advice and services; and Oliver Wyman, the management consultancy. Its stock (ticker symbol: MMC) is listed on the New York, Chicago and London stock exchanges. MMC’s website address is www.mmc.com. Marsh’s Web site is www.marsh.com.

Editor’s note: Photos and a Portuguese version of the press release are available upon request.

Marsh
Sally Roberts, 303-952-9453
sally.roberts@marsh.com
or
Anand Poola, 212-345-4292
anand.poola@marsh.com

Source: Marsh