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Marsh names CEO for continental Europe

Marsh has named Siegmund Fahrig CEO of its continental Europe region, effective immediately, the Insurance Journal reported, citing the company.

Fahrig most recently was CEO of Marsh's operations in Germany, central and eastern Europe and the Commonwealth of Independent States. He succeeds Flavio Piccolomini, who was recently appointed CEO of Marsh's international division.

Marsh is a wholly owned subsidiary of Marsh & McLennan Cos. Inc.