NEW YORK, NY (April 2, 2012) - Marsh announced the appointment of Edwin Charnaud as Chairman of its Global Infrastructure Practice. Mr. Charnaud will be responsibEdwin Charnaudle for the strategic development of Marsh's Global Infrastructure Practice, which provides risk-based, analytical, and transactional support to infrastructure clients worldwide. Reporting to Jim Pierce, Chairman, Global Industries, he will continue to be based in London.
Mr. Charnaud will retain his current responsibilities as Leader of Marsh’s Private Equity and Mergers & Acquisitions (PEMA) Practice in Europe, the Middle East, and Africa (EMEA). He will also retain his position as a non-executive director on the board of Kessler & Co. AG in Switzerland.
Commenting on Mr. Charnaud’s new role, Mr. Pierce said: “Edwin has developed an incisive understanding of the complex risks associated with global infrastructure projects over his years at Marsh. He will play a pivotal role in ensuring Marsh continues to address the complex and evolving risk needs of the public sector, equity investors, structured finance lenders, developers, and operators of infrastructure assets alike.”
Mr. Charnaud added: “Sourcing adequate investment ranks as one of the greatest challenges facing the global infrastructure industr today. Ensuring that risk is understood and well managed is a key priority for firms seeking to secure the funding required for infrastructure projects. I look forward to delivering Marsh’s infrastructure capabilities to our clients globally and contributing to the success of their infrastructure projects.”
Marsh, a global leader in insurance broking and risk management, teams with its clients to define, design, and deliver innovative industry-specific solutions that help them protect their future and thrive. It has approximately 25,000 colleagues who collaborate to provide advice and transactional capabilities to clients in over 100 countries. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital. With 52,000 employees worldwide and annual revenue exceeding $10 billion, Marsh & McLennan Companies is also the parent company of Guy Carpenter, a global leader in providing risk and reinsurance intermediary services; Mercer, a global leader in human resource consulting and related services; and Oliver Wyman, a global leader in management consulting.
