The appointments will combine Mercer and JLT talent and capabilities to deliver unparalleled value for clients and colleagues.
Mercer, a global consulting leader in advancing health, wealth and career, announced today a series of new leadership appointments related to the Jardine Lloyd Thompson Group plc (JLT) acquisition. 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 the receipt of certain antitrust and financial regulatory approvals.
David Anderson, President, International at Mercer, 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.”
Mercer UK Wealth
Additions to the existing UK Wealth Leadership Team, led by Benoit Hudon, Mercer UK Wealth Leader, 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 UK Administration Services, will become Client Leader for Mercer’s UK Administration Services and will work alongside Rich Tuff, UK & Ireland Administration Leader, 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. Mr Robinson will also be responsible for developing the 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 new role, Mark will be responsible for developing Mercer’s client strategy, overall client management and servicing for Mercer’s expanding Delegated Solutions client base across Europe. Mr McNulty will report to Mick Dempsey, International Commercial Leader for Delegated Solutions.
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. Ms Beach will also provide ongoing senior leadership support on the overall integration of the firms.
Mercer delivers advice and technology-driven solutions that help organisations meet the health, wealth and career needs of a changing workforce. Mercer’s more than 23,000 employees are based in 44 countries and the firm operates in over 130 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With nearly 65,000 colleagues and annual revenue over $14 billion, through its market-leading companies including Marsh, Guy Carpenter and Oliver Wyman, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit www.mercer.com. Follow Mercer on Twitter @Mercer. In the UK, Mercer Limited is authorised and regulated by the Financial Conduct Authority.