Marsh McLennan appoints New Zealand chief and Marsh NZ president

Key addition joining from AIG early next year

Marsh McLennan appoints New Zealand chief and Marsh NZ president

Insurance News

By Terry Gangcuangco

Marsh McLennan has appointed Josh Roach’s successor as the group’s New Zealand chief executive and Marsh NZ president.

Roach, who is moving back to Australia to take the helm at Marsh Pacific from the New Year, will be replaced in Auckland by AIG New Zealand CEO Toni Ferrier (pictured) in early 2024. She will report to Roach and Marsh McLennan Pacific chief executive David Bryant.

“New Zealand organisations are faced with a wide range of interconnected risks, from rising inflation and declining economic growth, to the impact of climate change and increasingly destructive natural catastrophe events,” Ferrier noted in an emailed release.

“Marsh McLennan New Zealand is renowned for its commitment to excellence; I look forward to joining the team to develop strategies that support our clients in responding to these challenges, and empower them to succeed.”

Ferrier, whose upcoming remit will span Marsh McLennan’s local operations across 11 locations in New Zealand, will be working closely with Mercer NZ CEO Martin Lewington.

A former Commissioner of the New Zealand Earthquake Commission, Ferrier is a three-decade industry veteran who currently sits on the board of the Insurance Council of New Zealand. Her credentials also include time spent at Vero, Lumley, Wesfarmers, and Crombie Lockwood.

“Toni is highly regarded among New Zealand’s business community as a collaborative and inspiring leader, who has a strong track record in creating client-centric services and solutions that deliver tremendous value,” Bryant said.

“I look forward to welcoming her to Marsh McLennan, and providing even greater support to our clients, colleagues, and communities throughout Aotearoa.”

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