Helsinki, 11 July, 2011 – Marsh, the world’s leading insurance broker and risk advisor, today announced the appointment of Peter Lundberg as CEO of Marsh Finland in succession to Toivo Makynen, who retires at the end of September.

Mr Lundberg has held a variety of senior roles since joining Marsh in 2001, most recently as Middle Market and Placement Practices Leader. Prior to his career at Marsh he was Vice President at Marsh’s sister company Guy Carpenter in Stockholm.

Mark Pollard, CEO Marsh Nordics, said: “Peter’s appointment is well deserved. In addition to an impressive track record for growing businesses and delivering excellent client service, Peter’s close working with Toivo over the past few years has given him a deep understanding of our operations in Finland and the opportunities available to us to drive our expansion. In particular, I look forward to working with him to ensure our Finnish clients benefit from being able to access efficiently and seamlessly the best of Marsh through closer integration of our resources across the whole Nordic region.

“I would like to take this opportunity to thank Toivo for his significant contributions to Marsh. He has played a massive part in Marsh Finland’s development and leaves the business in strong shape to move to its next level of growth. We extend our best wishes to him for a long and fulfilling retirement; it is fully deserved.”