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Marsh L.L.C. on Thursday announced a new global management structure that includes appointments to its executive management team, effective immediately.
The new structure includes a newly formed global risk and digital division, which combines Marsh’s products for small commercial businesses, families and individuals and includes Marsh’s consulting practices and its data, digital, and analytics solutions, according to a company statement.
John Drzik, previously president of global risk and specialties, was named president of the new division. Based in New York, he will report to John Doyle, Marsh’s president and CEO, and continue to serve on Marsh’s executive committee.
The new management structure also includes a new global placement and specialties division, which encompasses Marsh’s insurance placement activities as well as its global industry and practice specialties.
The global placement operations include retail and specialty, wholesale and portfolio solutions. Global specialties operations include aviation, construction, credit, energy, marine, private equity and mergers and acquisitions, and infrastructure.
Dean Klisura, formerly Marsh’s global industry specialties and placement leader, has been appointed president of global placement and specialties. Based in New York, he will report to Mr. Doyle and serve on Marsh’s executive committee.
Marsh’s new structure also includes Marsh International, which comprises operations in Africa, Asia, continental Europe, Latin America and the Caribbean, Middle East and North Africa, Pacific, and U.K. and Ireland.
Flavio Piccolomini has been appointed president of Marsh International, reporting to Mr. Doyle. Mr. Piccolomini will serve on Marsh’s executive committee and will relocate to London. Previously CEO of Marsh Continental Europe, he will continue to lead continental Europe on an interim basis.
Mr. Doyle made additional appointments to Marsh’s executive committee, including Martin South, president of U.S. and Canada; and David Eslick, chairman and CEO of Marsh & McLennan Agency L.L.C.
Other members of Marsh’s executive committee are: David Batchelor, vice chairman of Marsh; Liz Cole, chief human resources officer; Ed Dandridge, chief marketing and communications officer; Pat Hagemann, chief administrative officer; Susan Stone, general counsel; and, Keith Walsh, chief financial officer.
Peter Zaffino, CEO of Marsh L.L.C., will leave the brokerage to join American International Group Inc. as global chief operating officer effective Aug. 1, AIG announced Wednesday.