Marsh has appointed Michael Walls as global head of marine, cargo, and logistics at Marsh Risk, effective 1 January 2027, the broker announced in a statement on 6 November.
Based in Singapore, Walls will succeed Marcus Baker, who will transition to the newly created role of chairman of marine, cargo, and logistics at Marsh Risk. They will both report to Andrew George, president of specialty and industry for the firm.
Having spent over 21 years at Marsh Risk since joining in 2005, Walls currently serves as head of marine, cargo, and logistics for Marsh Asia. In the new role, he will lead the global strategy of Marsh’s marine, cargo, and logistics business.
Commenting on the appointments, George said, “With around 80% of world trade by volume carried by sea, Marsh’s Marine, Cargo, and Logistics team plays a vital role in supporting clients as they navigate the movement of global trade, supply chain performance, and geopolitical uncertainty.”
He added that Walls’ and Baker’s leadership will drive continued growth and reinforce Marsh’s position as an advisor in this critical segment of the global economy.
The move follows several other leadership updates across Marsh’s Asia Pacific operations.
In September, Derek Heng was named CEO of Marsh ASEAN, effective 1 October, and Peta Latimer assumed the role of CEO of Marsh Singapore with immediate effect. Additionally, Anna Scott was appointed CEO of Marsh New Zealand, succeeding Toni Ferrier, who stepped down at the end of August.
In July, Marsh Risk Asia also added three vice presidents to strengthen its marine, cargo, and logistics capabilities.
