Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist and part of the Marsh & McLennan Companies (NYSE: MMC - News), today announced the appointment of Ajay Junnarkar as Chief Financial Officer. Mr. Junnarkar will lead the firm’s Finance and Corporate Services departments, helping to shape Guy Carpenter’s financial strategies and further its capital markets capabilities. He will report directly to David Spiller, Chief Executive Officer of Guy Carpenter, LLC.

“Ajay has outstanding depth and breadth of hands-on financial, strategic and operational experience that we will draw on as we continue to broaden our platform and develop our capital markets resources,” said Mr. Spiller. “I look forward to working with him as a key member of our senior management team.”

Mr. Junnarkar assumes the responsibilities previously held by Phil Petronis, who has been appointed Chief Operating Officer for Marsh Products and Services Management.

Prior to joining Guy Carpenter in 2006, Mr. Junnarkar was Director in the Strategic Development Group at the Marsh & McLennan Companies, where he worked closely with the firm’s various operating companies to evaluate potential acquisitions. In addition, he was involved in developing operating company and overall MMC strategic plans. Before joining MMC, Mr. Junnarkar worked in the hedge fund industry and at Goldman Sachs. He began his career in the forensic accounting division at Kroll.

Mr. Junnarkar holds an MBA from Columbia University, as well as a Master of Accounting and Bachelor of Mathematics from the University of Waterloo. He is also a chartered accountant in Canada.

Guy Carpenter & Company, LLC is the world’s leading risk and reinsurance specialist and a part of the Marsh & McLennan Companies. Guy Carpenter creates and executes reinsurance and risk management solutions for clients worldwide through 2,600 professionals across the globe. The firm’s full breadth of services includes 16 centers of excellence in Accident & Health, Agriculture, Alternative Risk Transfer, Environmental, General Casualty, Investment Banking*, Life & Annuity, Marine & Energy, Professional Liability, Program Manager Solutions, Property, Retrocessional, Structured Risk, Surety, Terror Risk, and Workers Compensation. In addition, Guy Carpenter’s Instrat® unit utilizes industry-leading quantitative skills and modeling tools that optimize the reinsurance decision-making process and help make the firm’s clients more successful. Guy Carpenter’s website address is www.guycarp.com.

*Securities or investments, as applicable, are offered in the (i) United States through MMC Securities Corp., a US registered broker-dealer and member NASD/SIPC, and (ii) European Union through MMC Securities Ltd., regulated by the Financial Services Authority for the conduct of investment business in the United Kingdom. Reinsurance products are placed through qualified affiliates of Guy Carpenter. MMC Securities Corp. and MMC Securities Ltd. are affiliates of Guy Carpenter.

Contact:

Guy Carpenter
Alexis Levenson, 917-937-3264
alexis.levenson@guycarp.com
or
DeMartine Group
Joanne Lessner, 203-221-2790
jlessner@demartinegroup.com

Source: Guy Carpenter & Company, LLC

This entry was posted on Wednesday, February 7th, 2007 at 10:06 pm and is filed under Real Estate. Tags: bank banking Canada Columbia Columbia University corporate services development development group energy Europe European European Union finance financial services Financial Services Authority Goldman Goldman Sachs insurance insurance products investment bank investment banking Kroll Property reinsurance products risk management SIPC United Kingdom United States . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.