New York, November 8, 2012
Mercer will adopt a new region structure incorporating North America, EuroPac (Europe and Pacific – Australia and New Zealand) and Growth Markets.
“These changes will optimize 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 & Organization 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.
Mercer is a global consulting leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and performance of their most vital asset – their people. Mercer’s 20,000 employees are based in more than 40 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies
(NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital. With 52,000 employees worldwide and annual revenue exceeding $10 billion, Marsh & McLennan Companies is also the parent company of Marsh
, a global leader in insurance broking and risk management; Guy Carpenter
, a global leader in providing risk and reinsurance intermediary services; and Oliver Wyman
, a global leader in management consulting. For more information, visit www.mercer.com
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