Jane Barker has been named as the chairman of Marsh, with effect from 1 August. Barker, who has been a non-executive director of the company since 2010, will succeed Sir Peter Middleton.
Barker is CEO of Equitas, a position she has held for the past six years, having served as its finance director since 1995. She was previously COO of the London Stock Exchange.
Commenting on the appointment, Mark Weil, CEO of Marsh, said: “Since joining the board, Barker has made a substantial contribution to the company.”
“With her extensive background in financial services and her deep knowledge of our business, she is ideally-placed to provide strong advice and guidance for our UK operations.”
Barker added: “It has been to watch Marsh progress from strength to strength in the three years since I rejoined the company. I look forward to working with Mark Weil and the UK leadership team to ensure we remain fully-focused on serving the needs of clients and providing them with world-class solutions.”
Following his retirement from the Marsh board, Middleton will remain the UK chairman and country corporate officer for Marsh’s parent company, Marsh & McLennan Companies, and chairman of its sister company, Mercer.
