Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan, has appointed Angela Duca as Global Head of Credit Specialties, Marsh Specialty.
She succeeds Nick Robson, who has been named Global Chairman, Credit Specialties.
Marsh confirmed that both appointments are effective immediately and both will report to Pat Donnelly, President, Marsh Specialty and Global Placement.
In her new role, Duca will join Marsh Specialty’s Global Executive Committee, where she will work with the Credit Specialties global leadership team to support growth and deliver innovative solutions that allow clients to enhance their business resilience across the three key areas of political risk and structured credit, trade credit, and surety.
Duca joined the broker in 2008 and throughout her tenure so far at the firm, she has served in a variety of senior roles specializing in political risk and structured credit.
For the last three years, she has served as Chief Administrative Officer, Credit Specialties, and has been pivotal in the development and delivery of the team’s successful global growth strategy, digital evolution of client solutions, and numerous colleague initiatives.
At the same time, it has been confirmed that Robson will continue to be based in London and support the practice in the role of Global Chairman, Credit Specialties. In his new role, he will be working with key clients, as well as supporting Duca to deliver and implement key strategic initiatives including the development of colleagues throughout their career paths.
Commenting on the appointments, Donnelly said: “Angela is an outstanding talent; under her leadership Credit Specialties will be well-positioned to support our clients in the management of their risks in ways that enhance their trade, investment and growth strategies, while increasing their resilience to future shocks. I would also like to recognize Nick for his exceptional contribution leading the Credit Specialties business and thank him for his continued dedication and commitment to our clients and colleagues.”
Duca, also commented on her appointment: “With the world facing an increasingly interconnected and volatile geopolitical and macro-economic landscape, there is an ever-growing need for innovative solutions that mitigate these risks, enable growth, and foster future stability. I look forward to leading Credit Specialties’ team of over 850 colleagues globally, and working with our clients as they continue to grow and thrive.”
