Ted Moynihan takes up global leadership of Oliver Wyman

Professional services firm Marsh has announced the appointment of its new CEO of Marsh Management Consulting and Oliver Wyman. Ted Moynihan takes over from Nick Studer, following his promotion to president and CEO of Marsh Risk.

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Following Studer’s move to become president and CEO of Marsh Risk, Moynihan will serve on the company’s executive committee and report to John Doyle, president and CEO of Marsh.

Moynihan’s career at Oliver Wyman spans three decades, where he has held multiple senior leadership roles, including most recently as the firm’s global head of industries and before that as global head of financial services.

Doyle said, “Ted brings extensive leadership experience and a proven track record of driving transformation and growth in the consulting sector. His deep expertise advising clients on complex business opportunities and challenges makes him the ideal leader to guide the continued success of Marsh Management Consulting and Oliver Wyman and contribute to our vision of making Marsh the most impactful professional services firm in the world.”

The appointment is effective from early April, and Moynihan will continue to be based in London.

Moynihan commented, “It is a privilege to lead Marsh Management Consulting and Oliver Wyman at such a pivotal moment and build on our legacy of delivering exceptional client value through deep industry knowledge and innovative thinking. Together with our talented colleagues, we will continue to help clients navigate complexity, adapt and build resilience while investing in our people and capabilities.”

Marsh and Oliver Wyman are part of Marsh McLennan is a New York-based professional services conglomerate, offering clients access to insurance brokerage, risk management, reinsurance, talent management, investment advisory, and consulting services. It has two other main operating companies: Guy Carpenter, and Mercer.