Tony Pistilli, Chief Residential Appraiser, US Bank Selected as Valuation Visionary 2011

LAS VEGAS, Sept. 6, 2011 /PRNewswire/ -- The Collateral Risk Network is a group of 350 chief appraisers and collateral risk experts across the United States.  The members recently nominated a slate of candidates and voted among themselves to select the inaugural winner of the Valuation Visionary Award.  They have selected Tony Pistilli, Chief Residential Appraiser and Vice-President, Consumer Banking Risk Management at US Bank.  The award will be presented at the Valuation Expo held in Las VegasNovember 7-9, 2011.

Joan Trice, the host of Valuation Expo states, "This year I wanted to add some fresh buzz. Our industry is under tremendous stress. I thought it might be good to create a Valuation Visionary Award to promote those who have demonstrated vision and leadership through these difficult times. Tony has contributed tremendously to the industry and to the success of the Collateral Risk Network. He has been a forward thinker at US Bank in adopting leading edge technologies and has been a thought leader for industry change."

When informed of being selected the Valuation Visionary for 2011, Tony said, "To be selected by your peers as a leader in the industry is very rewarding and humbling. There are many others that could have been selected, as well.  I feel very honored to be recognized for my efforts."

About Valuation Expo

Valuation Expo is sponsored by Allterra Group LLC. The first Valuation Expo event was in December of 2003 and has been the consistent leader in national events offering continuing education. Allterra Group LLC is also the publisher of Appraisal Buzz, an online newsletter serving the appraisal community.  

Valuation 2011 will be held in Las Vegas this year at the Luxor, November 7-9.  Valuation Expo boasts the largest trade show for the appraisal community with over 40 exhibitors. Speakers at this year's event include representatives from Fannie Mae, Freddie Mac, VA and FHA and other industry thought leaders.

About US Bank

U.S. Bancorp, with $321 billion in assets as of June 30, 2011, is the parent company of U.S. Bank, the fifth-largest commercial bank in the United States. The company operates 3,086 banking offices in 25 states and 5,086 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust, and payment services products to consumers, businesses and institutions. U.S. Bancorp and its employees are dedicated to improving the communities they serve, for which the company earned the 2011 Spirit of America Award, the highest honor bestowed on a company by United Way. Visit U.S. Bancorp on the web at www.usbank.com.

SOURCE Valuation Expo

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Marsh & McLennan Companies Names Ben Allen Chief Information Officer

NEW YORK--(BUSINESS WIRE)-- Marsh & McLennan Companies, Inc. (NYSE: MMC) today announced that Ben Allen, Senior Vice President and Chief Innovation Officer, will assume the additional role of Chief Information Officer, effective immediately.

In his new role, Mr. Allen will oversee Marsh & McLennan Companies’ global technology infrastructure group and report to Dan Glaser, Group President and Chief Operating Officer of Marsh & McLennan Companies. Mr. Allen will also oversee the technology leadership teams at Operating Companies Marsh, Guy Carpenter, Mercer and Oliver Wyman, continuing to improve productivity while enhancing information technology capabilities.

“Given the synergies between technology and innovation, the alignment of the two functions was a natural development that will result in new efficiencies for our Company. Ben’s in-depth experience in running technology-driven organizations and strong management skills make this a strategic combination,” said Mr. Glaser. “I am delighted to have someone with Ben’s expertise overseeing our global technology and innovation functions as we advance our mission of operating as an elite global enterprise.”

As both Chief Innovation and Chief Information Officer, Mr. Allen will continue to lead an enterprise-level innovation platform while working closely with the Operating Companies to refine the firm’s overall technology strategy. He will continue to be based at the Company’s headquarters in New York City.

In May 2011, Mr. Allen was appointed Chief Innovation Officer of Marsh & McLennan Companies. Previously, Mr. Allen had been President and Chief Executive Officer of Kroll, Inc., a position he held since March 2008. Kroll was a unit of Marsh & McLennan Companies from 2004 until its sale to Altegrity in 2010. Prior to that, he held a number of leadership and technology-focused positions at Kroll, including Chief Operating Officer.

About Marsh & McLennan

Marsh & McLennan Companies is a global professional services firm providing advice and solutions in the areas of risk, strategy and human capital. It is the parent company of a number of the world's leading risk experts and specialty consultants, including Marsh, the insurance broker and risk advisor; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and related financial advice and services; and Oliver Wyman, the management consultancy. With 52,000 employees worldwide and annual revenue exceeding $10 billion, Marsh & McLennan Companies provides analysis, advice and transactional capabilities to clients in more than 100 countries. Its stock (ticker symbol: MMC) is listed on the New York, Chicago and London stock exchanges. Marsh & McLennan Companies' website address is www.mmc.com.

Marsh & McLennan Companies, Inc.
MediaSilvia Davi, +1-212-345-4371
silvia.davi@mmc.com
or
InvestorsScott Douglas, +1-212-345-5488
scott.d.douglas@mmc.com

Source: Marsh & McLennan Companies, Inc.

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