Carnegie-Brown's resignation prompts reshuffle at Marsh

Bruce Carnegie-Brown's surprise resignation as chief executive of Marsh's Europe and Middle East region, after three years in the role, has prompted a management reshuffle and regional alignment with world time zones

Alex Moczarski, previously head of international speciality operations - which deals with everywhere outside of North America and Europe, has replaced Mr Carnegie-Brown, whose role was expanded from just the UK in February 2005.

The change sees Bill Malloy, president of Marsh, take over a new Latin America, Caribbean and North American division. Asia and Pacific will become a stand-alone region led by David Batchelor, currently region head of Asia.

A spokesman for Marsh said: "The emergence of