General Insurance Article - Tom Geraghty appointed Marsh CEO in Ireland

 Tom Geraghty has been appointed Mercer’s Market Leader and CEO in Ireland and Country Corporate Officer of Mercer’s parent company, Marsh & McLennan Companies in Ireland, it was announced today. He succeeds Paul O’Faherty who is retiring. These appointments are effective July 1.

 
 Mr. Geraghty, who joined Mercer in 2000, most recently has headed Mercer's Investments business in Europe. In that role he was responsible for helping Mercer achieve sustained industry leadership as the largest investment advisor in the region as well as building Mercer’s Fiduciary Management business into a top industry player.

 
 “Ireland is a very important market for Mercer and I am pleased that this planned succession retains the continuity of senior leadership with a deep knowledge of the needs of our Irish clients,” said Simon O’Regan, President of the EuroPac Region for Mercer. “Tom not only brings to this position his investments knowledge, but can provide leadership to assist our clients on the broader issues faced by Human Resources and Finance Directors regarding human capital and benefit strategies.”

 
 Mr. O’Regan said, “I also want to thank Paul O’Faherty who has had a long and distinguished leadership role. He has contributed much to our success in Ireland. Since Mercer acquired Paul’s local Irish firm in 1992, he has been a leader in the growth of our business and contributed his intellectual insights through the Society of Actuaries in Ireland, the Irish Assn. of Pension Funds, and the European Federation for Retirement Provision. We wish him well in retirement.”