Scott McDonald has been named President of Oliver Wyman. In this new role, Mr. McDonald will take on overall leadership for all of Oliver Wyman's management consulting activities, and will report to John Drzik, the CEO of Oliver Wyman Group and a member of the Marsh & McLennan Companies Executive Committee. Oliver Wyman Group includes NERA and Lippincott in addition to Oliver Wyman.
Mr. McDonald joined Oliver Wyman in 1995 and has been the Managing Partner of Oliver Wyman's global Financial Services practice since 2007. "Scott will be a great President for Oliver Wyman," says Mr. Drzik. "He is a valued and trusted adviser to senior executives and government leaders across the world, has successfully led our Financial Services practice through a very turbulent period, and has been working with me to shape the overall future direction for Oliver Wyman. I look forward to working with him in his new role."
Mr. McDonald has degrees in Finance and Economics from McGill University and in International Relations from Cambridge University. At Oliver Wyman, he was the leader of the Corporate and Institutional Banking practice (within the Financial Services practice) before he was elected Managing Partner of Financial Services. Mr. McDonald is a dedicated runner and has completed three London marathons. A citizen of Canada, Mr. McDonald grew up in Canada, Saudi Arabia, Oman, and Dubai. He now lives in London with his wife and daughter.
About Oliver Wyman
Oliver Wyman is a global leader in management consulting. With offices in 50+ cities across 25 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm's 3,000 professionals help clients optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a wholly owned subsidiary of Marsh & McLennan Companies, a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital. With 53,000 employees worldwide and annual revenue exceeding $10 billion, Marsh & McLennan Companies is also the parent company of Marsh, a global leader in insurance broking and risk management; Guy Carpenter, a global leader in risk and reinsurance intermediary services; and Mercer, a global leader in human resource consulting and related services. For more information, visit www.oliverwyman.com. Follow Oliver Wyman on Twitter @OliverWyman.