Mercer, a global consulting leader in advancing health, wealth and career announced today that Bala Viswanathan, CEO of Jardine Lloyd Thompson Group plc (JLT) UK & Ireland Employee Benefits, will join Mercer as Chief Operating Officer. Mr. Viswanathan will report to President & CEO Julio Portalatin and also become a member of Mercer’s Global Executive Leadership Team.
Mr. Viswanathan’s appointment will become effective upon the closing of the transaction between Mercer’s parent company, Marsh & McLennan Companies, and JLT. The transaction remains subject to the receipt of certain antitrust and financial regulatory approvals.
As Chief Operating Officer, Mr. Viswanathan will work across Mercer to drive enhancements to the company’s offshore, technology and systems capabilities as well as client satisfaction and user experiences.
Prior to his current role, Mr. Viswanathan served as JLT’s Chief Operating Officer and has a long track record of successfully leading global business operations.
“Pending the outcome of the regulatory process, we look forward to welcoming Bala to Mercer in this strategically important role,” said Mr. Portalatin. “His successful career at JLT and his understanding of both operations and the global employee benefits market will further enhance our industry leadership, client relationships and organizational effectiveness. He will be a valued addition to Mercer’s executive team.”
“I look forward to taking on the COO role at Mercer and adding my perspective and insights to the strategic direction and success of the firm,” added Mr. Viswanathan.
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.