The Managing Director of JLT Ireland Patrick Howett is to become the Chief Executive Officer of Marsh Ireland upon the completion of Marsh & McLennan Companies’ previously-announced $5.6 billion acquisition of JLT Group.
Meanwhile, Joe Grogan has been appointed Executive Chairman of Marsh Ireland.
Both Howett and Grogan will be based in Dublin and report to Chris Lay, CEO of Marsh UK & Ireland.
“This is an exciting time for the teams at both Marsh and JLT,” remarked Howett. “The combined organisation will lead the market in providing exceptional client service and risk and insurance expertise.”
Howett has served in a series of senior leadership roles at JLT since joining the company in 1983 and previously worked in the audit and tax departments of PwC.
“Marsh is committed to providing our clients with a high-quality and seamless service,” added Grogan.
“By strengthening our Irish operations, we will ensure we have the resources and talents required to support our clients as they navigate an increasingly complex risk landscape.”
“I look forward to working with Pat and the highly-regarded JLT team.”
Grogan has worked with Marsh for 28 years and was appointed Chairman of the company’s Ireland business in September 2018.
He was previously CEO of Marsh’s Corporate Division in the UK & Ireland.