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Marsh appointed Jay Sharma as the CEO of Marsh Saudi Arabia, subject to regulatory approval, in succession to Mr. Obied. Previously, Mr. Sharma was the client services director of Marsh’s multinational practice. He would be reporting to Robert Makhoul.
Commenting on Mr. Sharma’s appointment, Mr. Makhoul said: “Jay has had a distinguished career at Marsh since his joining in 1992. As a client executive on some of our largest and most high profile accounts, he has overseen delivery of complex risk solutions to a wide range of multinational clients. His international experience, combined with an impressive track record of improving client service, equip him well to deliver our expanding offering to clients in Saudi Arabia.”