Articles - Mercer announce new structure and executive appointments

 Mercer will adopt a new region structure incorporating North America, EuroPac (Europe and Pacific – Australia and New Zealand) and Growth Markets.

 “These changes will optimise our structural alignment in support of broadening client relationships and delivering profitable growth,” said Julio Portalatin, Mercer President and CEO. “As we continue to make investments in solutions that meet the ever changing needs of our clients, this geographic structure will help us stay close to the market and adapt to the specific requirements in each of these three regions.”
 Pat Milligan has been appointed Regional President, North America; Simon O’Regan has been named Regional President, EuroPac; and, as previously announced, Gaurav Garg, who joined Mercer in September, has been appointed Regional President, Growth Markets.
 Ms. Milligan, who joined Mercer in 2005 and is a member of Mercer’s Executive Committee, has held a number of senior executive roles with the firm including her prior role as President, Talent. Orlando Ashford, currently head of the Leadership & Organisation Performance Segment in the Talent business, will succeed Ms. Milligan as President, Talent, and will join the Executive Committee.
 Mr. O’Regan, who joined Mercer in 1988, has extensive experience in Europe and the Pacific markets, having led businesses for Mercer in both regions. Gilles Beneplanc, formerly head of EMEA (Europe, Middle East, Africa) will succeed Mr. O’Regan as President, Retirement. Both individuals serve on Mercer’s Executive Committee.

 Mr. Garg joined Mercer in September from Chartis, the P&C insurance arm of the American International Group, Inc. (AIG), where he was most recently Chief Executive Officer and Managing Director of Tata AIG General Insurance Company Ltd. in India. He joined AIG in 2000 and has held a number of leadership roles including country, regional and global positions, with a strong international focus. He is also a member of Mercer’s Executive Committee.

 Additionally, Mr. Portalatin announced that Marcelo Modica will join Mercer as Chief People Officer.

 “A firm such as ours outperforms based upon the quality of its people and Marcelo will drive our strategy in making Mercer the industry leader for career choice,” said Mr. Portalatin.

 Mr. Modica was most recently with JP Morgan Chase, where he was General Manager, Chase Hispanic Customer and was Managing Director & Head of Human Resources for Consumer & Business Banking. Previously he was CHRO for Discover Financial Services and held a number of human resources roles prior to that at Morgan Stanley, Prudential Securities and Lehman Brothers.

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