Marsh McLennan announced that on nn February 11, 2022, the Board of Directors of the company appointed Hafize Gaye ERKAN, as Director effective on March 1, 2022. With Erkan's appointment, the Company's Board will consist of 14 Directors.

"Gaye has deep expertise in investments, risk management, growth markets and digital innovation," said Edward HANWAY, Chairman of the Company's Board of Directors.

"We look forward to welcoming her to the Board."

Prior to 2022, Hafize Gaye ERKAN served as Co-CEO of First Republic Bank, a publicly traded commercial bank and trust company with total assets of USD 181 billion and additional wealth management assets of USD 279 billion as of December 31, 2021. She also served as President of First Republic from 2017 to 2021 and was a member of the company's board of directors from 2019 to 2021. She joined First Republic as Senior Vice President, Chief Investment Officer and Co-Chief Risk Officer in 2014.

Before joining First Republic in 2014, Hafize Gaye ERKAN spent a decade at Goldman Sachs, ultimately serving as Managing Director and Head of Financial Institutions Group Analytics and Strategies. In that role, she worked closely with boards of directors and senior management teams of financial institutions, insurers, asset managers and banks.

Hafize Gaye ERKAN serves on the board of directors for the Partnership for New York City and on the Advisory Council for the Princeton University Department of Operations Research and Financial Engineering. She served on the board of directors for Tiffany & Co. from 2019 through the company's acquisition by LVMH in 2021.