Marsh McLennan (MMC) announced that Nick Studer has been appointed President and CEO of Oliver Wyman Group effective July 1, 2021. He will also become a Vice Chair of Marsh McLennan and join the company's Executive Committee.

He succeeds Scott McDonald, who has served as President of Oliver Wyman since 2012, and has just been appointed CEO of the British Council, the UK's international organization for cultural relations and educational opportunities.

In this role, Nick Studer "will lead all businesses across the Oliver Wyman Group, including NERA, Lippincott and OW Actuarial, and continue serving as Managing Partner of Oliver Wyman's management consulting business, a role he assumed earlier this year. Mr. Studer will report to Dan Glaser, President and CEO of Marsh McLennan".

Nick Studer has led the Corporate & Institutional Banking and Risk practices, the Financial Services practice, and most recently Oliver Wyman's Consumer, Industrials and Service practices. He was elected Partner in 2003 and has served on Oliver Wyman's Executive Committee since 2012. In addition to his work with clients, he has been a leader of various Inclusion and Diversity efforts within the management consulting business and was named a Top 20 advocate by Involve/Empower.