Marsh McLennan has appointed Hafize Gaye Erkan as its new, fourteenth director.
Ms Erkan’s appointment is due to begin at the beginning of March.
H. Edward Hanway, Chairman of the Company’s Board of Directors, said in a statement: “Gaye has deep expertise in investments, risk management, growth markets and digital innovation. We look forward to welcoming her to the Board.”
Prior to 2022, Ms. Erkan served as Co-CEO of First Republic Bank, a publicly traded commercial bank and trust company with total assets of $181 billion and additional wealth management assets of $279 billion as of December 31, 2021.
She also served as president of First Republic from 2017 to 2021 and was a member of the company’s board of directors from 2019 to 2021. She joined First Republic as senior vice president, CIO, and co-chief risk officer in 2014.