Guy Carpenter reinsurance brokerage announced it has named Hugh Powell chief executive officer of its Latin America and Caribbean Region.
The company said Mr. Powell will manage operations in Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela and the Caribbean, as well as service operations in Miami.
Guy Carpenter is a subsidiary of Marsh & McLennan Companies.
The firm also announced that Don Callahan, president and CEO of Guy Carpenter Canada, has assumed responsibility for treaty business generated in its Latin America Caribbean Region.
Mr. Callahan will work closely with Mr. Powell to integrate the firm's global facultative and treaty strategies in the region.
Mr. Powell was previously responsible for the start-up of Guy Carpenter's offices in Santiago de Chile, Buenos Aires and Rio de Janeiro. Mr. Callahan oversees all of Guy Carpenter's operations in Canada in addition to his new responsibilities in Latin America and the Caribbean.
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