Monday, February 26, 2024

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Marsh reshuffles leadership in UK, Ireland and Asia Pacific

Marsh Captive Solutions has announced a reshuffle of its leadership in Dublin, Asia Pacific and London as Stephen Hawkes and Brian McDonagh retire.

From 1 February, 2023 Lorraine Stack, international consulting and sales leader at Marsh Captive Solutions, will add leadership of Marsh’s Dublin operations to her current role.

She succeeds McDonagh, who is retiring after 27 years with Marsh, and be responsible for a team managing single parent captives and special purpose vehicles domiciled in Ireland.

Stack will continue to report into Ellen Charnley, president of Marsh Captive Solutions.

Stuart Herbert has led a fast growing captive operation in Singapore since 2011 but will now be relocating to the UK to take on the position of international captive consulting practice leader. He featured in GCP #47 discussing growth in the Asia Pacific captive market.

He succeeds Stephen Hawkes, who is retiring after 29 years with Marsh, and will lead a team responsible for captive feasibility studies and strategic reviews for prospective and current captive owners.

Herbert’s successor for Asia Pacific will be Nisala Weerasooriya, overseeing offices in Singapore, Labuan and Australia.

Weerasooriya is currently head of Marsh Captive Solutions’ New York office and has held various client services roles over the past 30 years.

“Throughout their careers, Lorraine, Stuart, and Nisala have demonstrated exemplary leadership and unwavering dedication in supporting our captive insurance clients,” said Charnley.

“In this time of unprecedented captive growth, their considerable experience will be invaluable as we seek to provide enhanced services and resources to our clients.”

Herbert will report into Lorraine Stack, while Weerasooriya will report to William Thomas-Ferrand, leader of Marsh Captive Solutions, International.

Ellen Charnley, Lorraine Stack and Stuart Herbert have all featured in numerous episodes of the Global Captive Podcast, alongside colleagues and clients. Listen to all episodes featuring Marsh on their Friend of the Podcast page.