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MARSH APPOINTS FLAVIO PICCOLOMINI
AS CEO OF ITALY OPERATIONS
London, April 24, 2009 —Marsh, the world's leading insurance broker and risk adviser, has appointed Flavio Piccolomini as CEO of Marsh Italy and Emanuele Cordero di Vonzo as general manager of its operations in the country.
Mr. Piccolomini joins Marsh from Willis, where he was CEO for Continental Europe. He served with Willis for 18 years and held a variety of senior positions at the firm, including global head of Financial Institutions, Professional Risks and M&A in London before returning to Italy in 2004.
In his role as general manager for Italy, Mr. di Vonzo is responsible for Marsh's business management and development activities in Italy. Previously, he was head of Marsh's Risk Management Practice in Italy.
David Batchelor, CEO of Marsh in Europe, the Middle East and Africa, said: "Flavio's extensive experience, both in Italy and internationally, and his commitment to client service will benefit clients and enhance our local insurance and risk management expertise."
I am delighted to join Marsh Italy and to have the opportunity to develop the firm's business here," said Mr. Piccolomini. "I have always admired the breadth of Marsh’s expertise and the talent of its people. I look forward to working with Emanuele and the Marsh Italy team to harness these resources to help clients as they work to manage through these difficult economic times."
Marsh has 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 more than 54,000 employees and annual revenue exceeding $11 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; Oliver Wyman, the management consultancy; and Kroll, the risk consulting firm. MMC's stock (ticker symbol: MMC) is listed on the New York, Chicago and London stock exchanges. MMC's Web Site is www.mmc.com.
Media Contacts
Al Modugno
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