Appointments

UK/US - Mercer has promoted Michael Dempsey to head up its investment management business for Europe, Middle East and Africa, replacing Tom Murphy who will take on a similar role in the US.

Mercer has promoted Michael Dempsey to head up its investment management business for Europe, Middle East and Africa.

State Street Global Advisors; Texas TRS; Deloitte; F&C Investments; RCM; The National Association of Pension Funds

UK - BlackRock veteran Deborah Fuhr is joining Bank of America Merrill Lynch in London as head of its Global Delta One Strategy, according to a source close to the bank.

F&C Investments has promoted senior fund manager Jonathan Mann to head of emerging market debt.

Deloitte has hired Richard Slater and Dave Lyons to help support the firm's aggressive growth plan to treble its pension advisory practice in four years.

The National Association of Pension Funds has appointed Ruston Smith, group pensions and insurable risk director at Tesco, as chairman of its Retirement Policy Council.

Specialist pensions law firm Sacker & Partners has promoted Caroline Legg to associate director and Ian D'Costa to associate.

SL Capital Partners; CalPERS; Mercer; Capita Hartshead Actuarial and Consultancy Services; MGM Advantage; Baring Asset Management; Schroders; Frontier Investment Management; Informa Investment Solutions

Mercer has recruited Paul O'Connor as head of asset allocation for its investment management business in Europe, Middle East and Africa.