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  • Appointments

Mercer unveils leadership appointments following JLT acquisition

Bala Viswanathan will become Mercer's chief operating officer
Bala Viswanathan will become Mercer's chief operating officer
  • PP Online
  • 28 January 2019
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Mercer has announced a series of leadership appointments related to its acquisition of Jardine Lloyd Thompson Group.

The firm said the appointments span across the UK and Europe and will become effective upon the closing of the transaction between Mercer's parent company, Marsh & McLennan Companies, and JLT, which remains subject to regulatory approval.

The appointments include:

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Mercer UK Wealth

Additions to the existing UK Wealth Leadership Team, led by Mercer UK wealth leader Benoit Hudon, include:

  • Karen Phillips, managing director of wealth management at JLT, will become head of Mercer's UK financial planning business, focusing on growing the combined financial planning businesses to meet ever increasing needs for financial advice.
  • Malcolm Reynolds, managing director of JLT's UK administration services, will become client leader for Mercer's UK administration services and will work alongside Mercer UK & Ireland administration leader, Rich Tuff, to combine the two administration capabilities.
  • Steven Robinson, managing director of trustee and corporate consulting at JLT, will lead the mid-market segment for Mercer's UK wealth business. Robinson will also be responsible for developing Mercer's overall offering, including insured defined benefit arrangements, for the combined organisation in the UK.

Mercer Delegated Solutions - Europe

  • Mark McNulty, managing director of investment solutions at JLT, will take on the role of European head of clients for Mercer's delegated solutions business. In this role, McNulty will be responsible for developing Mercer's client strategy, overall client management and servicing for Mercer's expanding delegated solutions client base across Europe. McNulty will report to Mercer international commercial leader for delegated solutions Mick Dempsey.

Mercer UK Technology

  • Teresa Beach, currently managing director of JLT Technology Solutions and a member of the Mercer/JLT integration team, will continue to lead the UK Technology Solutions reporting to Bala Viswanathan, who will become Mercer's chief operating officer. Beach will also provide ongoing senior leadership support on the overall integration of the firms.

Mercer international president David Anderson said: "By combining Mercer and JLT talent and capabilities, we will build on our shared value of putting clients and our people at the heart of everything we do.

"These new leaders will bring considerable knowledge and experience of the JLT business, its clients and people, to our already strong leadership teams. Together they will be core to ensuring the successful integration of our combined businesses. Pending the outcome of the regulatory process, we look forward to welcoming our new colleagues to the Mercer team."

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More on Appointments

People Moves Blog: Mercer appoints Ashok Gupta as UK board chair; Law Deb names Pegasus executive; Ross Trustees appoints Richard Cousins as trustee director

  • Appointments
  • 21 January 2021
Rodda, the MP for Reading East, has become the shadow pensions minister. Source: UK Parliament
Rodda takes over from Dromey as shadow pensions minister

Matt Rodda has taken over the role of shadow pensions minister from Jack Dromey following a Labour frontbench reshuffle.

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  • 08 January 2021
New TPO chairwoman, Caroline Rookes.
Caroline Rookes confirmed as permanent TPO chairwoman

The government has confirmed the current interim chairwoman of The Pensions Ombudsman (TPO), Caroline Rookes, will continue the role in a permanent capacity.

  • Appointments
  • 27 November 2020
Alan Whalley - reappointed to serve on the PMI's board
PMI revamps board with four appointments

The Pensions Management Institute (PMI) has appointed three non-executive directors and an executive director to its board.

  • Appointments
  • 25 November 2020
Townsend: The Determinations Panel ensures TPR uses its extensive powers wisely and fairly
TPR expands Determinations Panel with appointment of new chair and four members

Former Financial Regulators Complaints Commissioner Antony Townsend is to become chair of an expanded Determinations Panel at The Pensions Regulator (TPR).

  • Appointments
  • 24 November 2020
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