São Paulo, September 15, 2010 – Marsh, the world’s leading insurance broker and risk advisor, today announced the appointment of Eugênio Paschoal as CEO of Marsh Brazil effective January 1, 2011.

In his new role based in São Paulo, Mr Paschoal will be responsible for driving Marsh Brazil’s operating model and ambitious expansion strategy. He succeeds Thomaz Menezes, who left the company in March to become CEO of Sul América Seguros e Previdência.

Mr Paschoal brings more than 25 years of insurance broking experience to Marsh, most recently serving as managing director of Willis Latin America and Caribbean. Prior to that, he spent 12 years as CEO of Willis Brazil.

“We are thrilled that Eugênio has decided to join Marsh. His extensive knowledge of the Brazilian market and successful track record as a CEO will be invaluable as we seek to expand our operations in this exciting economy,” said Alexander Moczarski, President of Marsh’s International Division.

“Brazil is a key component to our growth strategy in Latin America,” added Ricardo Brockmann, Head of Latin America and Caribbean for Marsh. “With the addition of Eugênio, we will be in an even better position to take advantage of this tremendous opportunity.”

Until Mr Paschoal’s arrival at the first of the year, Renato Cassinelli, Regional Employee Benefits Practice Leader for Latin America and Caribbean, continues as interim head of Marsh Brazil.