MMC names Keith Walsh new CFO of Marsh and Guy Carpenter

Prior to joining Marsh & McLennan Companies (MMC) in 2012, Keith Walsh worked at Citi for almost fifteen years, most recently in Equity Research. He started his career at as a Research Associate at Smith Barney, at the time a subsidiary of Citi. At MMC, Walsh most recently was a Vice President and served as the Global Head of Investor Relations, focused on supporting the firm and its clients with financial strategy, planning and analysis.

Walsh holds a Bachelor of Science in Business Administration and Management from SUNY Albany and a Master of Business Administration in Finance from the New York University – Leonard N. Stern School of Business.

Walsh takes on the role of Head of the Risk and Insurance Services (RIS) segment, succeeding Courtney Leimkuhler, who leaves the position to pursue other opportunities outside the industry. The role taken on by Walsh is relatively diverse, encompassing a CFO role at both Marsh and Guy Carpenter. In the position, Walsh will report to Mark McGivney, the Chief Financial Officer of MMC and to Peter Zaffino, the Chairman of RIS. He will be based out of the firm’s New York headquarters.

Remarking on the appointment, Zaffino says, “Keith’s deep understanding of the insurance industry and his demonstrated track record of strong financial strategy, planning and analysis make him ideally suited for this important role leading the Finance organization for Marsh and Guy Carpenter.” He adds about the departure of Leimkuhler from the consulting firm, “We greatly admire the dedication, professionalism and commitment to excellence that Courtney exhibited during her tenure. We wish her all the best in her future endeavors.”

McGivney says about the appointment of Walsh, “I look forward to continuing to work with Keith in his new role. He will be a terrific leader for Risk & Insurance Services’ Finance organisation.”