MMC names Keith Walsh new CFO of Marsh and Guy Carpenter

11 April 2017
Marsh & McLennan Companies has appointed Keith Walsh as its new CFO of the firm's Risk and Insurance businesses, which includes Marsh and Guy Carpenter. Walsh will be based out of New York.

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.

Keith Walsh - Marsh & McLennan

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.”

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Rapid growth sees Quantum Advisory promote trio of partners

18 April 2019

Three senior level consultants have been boosted to the rank of Partner at Quantum Advisory, as the firm works to meet heightened levels of client demand. Aled Edwards, Amanda Burdge and Chris Heirene become Partners as long-time Quantum member Rob Davies retires in May after 15 years as a Partner at the firm.

Founded in 2000, Quantum Advisory provides pension and employee benefits services to employers, scheme trustees and members, with five offices across the UK. The firm has enjoyed exponential growth in recent years, following a number of major client wins and booming demand for its services. It opened a new office in Bristol in 2016 to service the South West and in 2017 relocated its Cardiff office to a larger site within the Welsh capital to house the increased workforce. More recently, Quantum relocated its Amersham, Birmingham and London offices to more spacious premises in the centre of both cities to cope with demand.

The financial services consultancy, which employs 115 people across the UK, has promoted three senior team members to Partner, as part of its wider growth plans. The firm has moved Aled Edwards from Principal Consultant & Actuary, while Amanda Burdge has ascended from Principal Investment Consultant. Chris Heirene, former IT Manager, has also joined the ten current Partners at Quantum.

Aled Edwards most recently managed the actuarial team within Quantum’s Cardiff office as well as providing technical training for all staff. He boasts more than 17 years of pensions experience. He started his career as an Actuary at Jardine Lloyd Thompson’s Bristol wing, before joining Quantum in 2011. Edwards is also the President of the Welsh Actuarial Society (WAS), which supports actuaries and actuarial students living or working in Wales.

Rapid growth sees Quantum Advisory promote trio of Partners

Amanda Burdge joined Quantum’s team in 2001, as one of the fledgling firm’s first employees. Most recently she was a Principal Investment Consultant with the firm, and with more than a quarter of a century’s experience in the sector, she is responsible for providing investment advice to many of Quantum’s key clients with both defined benefit and defined contribution schemes. Prior to her time with Quantum, Burdge spent two years as a consultant with SBJ Benefit Consultants (now Capita), and three years with Tesco Pension Trustees. She currently sits on the Regulation Committee for the Pensions Management Institute.

Chris Heirene initially worked with Quantum as an IT Consultant with Teamwork Technology Services and then UES for over five years, before finally joining the firm itself in 2011. He is now responsible for Quantum’s IT systems across all of its offices, including the network and core server infrastructure which supports the business. Heirene is heavily involved in utilising IT to improve and build upon the processes in place throughout Quantum.

David Deidun, Partner at Quantum Advisory, said of the promotions, “This is a very exciting time for Quantum. The recent round of promotions fully recognise the hard work and dedication shown by the three, all of whom go above and beyond for the company. I’ve no doubt that Aled, Amanda and Chris will settle into their new roles with ease and look forward to working together to grow Quantum even further.”

The news comes as Rob Davies retires in May, after spending fifteen years as a Partner at Quantum. A qualified actuary, Davies was instrumental in setting up Quantum’s Investment Division, specialising in aiding clients with their investment strategies. He will remain with the company on a part-time consultancy basis, while working with several clients in the Fiduciary Manager area.