Gaurav D. Garg Joins Mercer as Region Leader, Growth Markets
10 9월 2012 - 1:01PM
Business Wire
Gaurav D. Garg will join Mercer effective 12 September as Region
Leader, Growth Markets, incorporating Mercer’s businesses in Asia,
Middle East, Africa and Latin America, where Mercer presently has
operations in 20 countries, it was announced today by Julio A.
Portalatin, Mercer President and CEO. In this newly created
position, Mr. Garg will report to Mr. Portalatin and serve as a
member of the Executive Committee at Mercer.
Mr. Garg joins Mercer from Chartis, the P&C insurance arm of
the American International Group, Inc. (AIG), where he was most
recently Chief Executive Officer and Managing Director of Tata AIG
General Insurance Company Ltd. in India. He joined AIG in 2000 and
has held a number of leadership roles including country, regional
and global positions, with a strong international focus.
“Gaurav has a well-established track record of setting up and
running successful business operations in Asia and the Middle East,
as well as managing global distribution,” said Mr. Portalatin. “His
strong entrepreneurial skills and deep understanding of the
dynamics of growth markets will be invaluable to driving profitable
revenue expansion for Mercer in these countries. Our decision to
appoint him to this critical new role at Mercer is evidence of our
commitment to investing and maximizing our opportunities in the
growth markets.”
Mr. Garg brings 26 years of international experience to his role
at Mercer. From 2004 to 2007, Mr. Garg was based in New York with
American International Underwriters (AIU), where he had P&L and
underwriting responsibility for six regions (Europe, CE/CIS,
Mediterranean, Middle East & Asia Pacific, China and
Australasia) and was responsible for global distribution for AIU’s
personal insurance lines of business. He was also responsible for
AIU’s start-up business operations in a number of countries in Asia
and the Middle East, and his experience includes working in three
BRIC countries – India, Russia and China. He was instrumental in
launching Tata AIG in 2000, following which he took on a regional
role in 2002 overseeing the Middle East and South Asia, before
moving to the global business line role in New York in 2004. He
became the CEO and Managing Director of the AIG Insurance Joint
Venture in India with the Tata Group in 2007. He began his career
in 1986 at National Insurance Co. Ltd., where he managed diverse
portfolios ranging from retail insurance to insuring large
engineering projects.
Mr. Garg holds a Bachelors degree in Commerce and a Masters
degree in Business Administration, and is an alumnus of the Wharton
Advanced Management Program. He is also a Fellow of the Insurance
Institute of India and a Member of the Chartered Insurance
Institute, UK.
About Mercer
Mercer is a global consulting leader in talent, health,
retirement and investments. Mercer helps clients around the world
advance the health, wealth and performance of their most vital
asset – their people. Mercer’s 20,000 employees are based in more
than 40 countries. Mercer is a wholly owned subsidiary of Marsh
& McLennan Companies (NYSE: MMC), a global team of professional
services companies offering clients advice and solutions in the
areas of risk, strategy and human capital. With 52,000 employees
worldwide and annual revenue exceeding $10 billion, Marsh &
McLennan Companies is also the parent company of Marsh, a global
leader in insurance broking and risk management; Guy Carpenter, a
global leader in providing risk and reinsurance intermediary
services; and Oliver Wyman, a global leader in management
consulting. For more information, visit www.mercer.com. Follow
Mercer on Twitter @MercerInsights.
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