Mercer announces senior appointments in Europe and Growth Markets

Mercer has announced three senior-level appointments to align its Investments and Retirement organisations to take advantage of opportunities and provide for leadership continuity in Europe and in the Growth Markets.

Andrew Kirton has been appointed head of Mercer’s Investments business in Europe, succeeding Tom Geraghty, who, as previously announced, has assumed the post of market leader and CEO for Ireland.

Jeff Schutes has been appointed head of Mercer’s Investments business in the Growth Markets, a newly created position, which includes Asia, Middle East and Turkey, Africa, and Latin America.

Akhil Sethi has been appointed head of Mercer’s Retirement business in the Growth Markets, a newly created position.

The three newly-hired have held a number of leadership positions at Mercer in the past.

Kirton joined Mercer in 1998, has more than 25 years’ experience in the investment consulting industry, and, since 2010, has been Mercer’s Global Chief Investment Officer. Previously, he held head of business positions for the global and European Investment Consulting business.

Schutes has held a number of senior leadership positions since he joined Mercer in 1995, most recently serving as Global Leader of Manager Research and head of Mercer’s Latin America Investments business. He previously led Mercer’s US Investment Consulting business.

Sethi joined Mercer in 1987 and most recently was Global Chief Operating Officer for Mercer’s Retirement business. He has held a number of key positions for Mercer in New York, London and Singapore, including serving as CFO for Mercer Asia and CFO for Mercer Europe.

“We are pleased to fill these important positions with senior leaders who have a track record of success at Mercer and have deep understanding of the growth dynamics of their markets,” said Julio Portalatin, president and CEO of Mercer.

“One of our objectives is to rotate responsibilities in order to expand the breadth of our leaders’ expertise and to gain the benefit of cross-fertilisation of experience across investment disciplines.

“The appointment of Andrew as head of Mercer’s Investments business in Europe assigns one of our most experienced executives to this important market. The newly created roles for Jeff and Akhil reflect our commitment to invest in and maximise our opportunities in the Growth Markets.”

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