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United States
New York , 31 August 2009

Mick Moloney has been appointed head of Mercer’s global Financial Strategy Group (FSG). The FSG, a joint initiative of Mercer’s investment consulting and retirement, risk and finance consulting businesses, provides strategic funding and investment advice to large corporate and complex fiduciary clients to help them manage financial risk in their retirement programs.

Mr. Moloney, who is a worldwide partner, has relocated to New York City from Dublin, where he led the European business since its inception in 2007. In addition to his new global leadership responsibility, he will lead the US FSG leadership team.

“Mick brings with him a wealth of experience in dealing with pension risk issues for European plan sponsors. Under his leadership, the FSG in Europe and the UK have grown substantially, and established a well-earned reputation for thought and delivery leadership in the marketplace,” added Simon O’Regan, a worldwide partner who leads Mercer’s global retirement, risk and finance business.

Added Andrew Kirton, a worldwide partner who leads Mercer’s global investment consulting business: "We are seeing growing demand from plan sponsors in the US and other markets for more sophisticated risk solutions – particularly around dynamic risk reduction approaches for defined benefit plans and endgame strategies for what are now, in many cases, legacy arrangements.”

David Fogarty, a worldwide partner based in London and group leader for the UK, succeeds Mr. Moloney as the European FSG leader. “David has been an essential member of the senior team responsible for the group’s success,” said Mr. O’Regan.

Mr. Moloney succeeds worldwide partner Bob Moreen, who will devote himself full-time to further developing Mercer’s integrated retirement risk management services globally.

With nearly 20 years' actuarial and consulting experience, Mr. Moloney is a Fellow of the Institute of Actuaries in the UK, a Fellow of the Irish Society of Actuaries and an Associate of the US Society of Actuaries.Mr. Fogarty has 20 years of experience in pension financial management and is a Fellow of the Institute of Actuaries in the UK.

The FSG comprises senior consultants with previous high-level experience in both pensions and investments. These consultants are supported by dedicated resources in the area of financial modeling and capital markets products, with access to the complete range of Mercer investment management and actuarial research.About Mercer

About Mercer

Mercer is a leading global provider of consulting, outsourcing and investment services. Mercer works with clients to solve their most complex benefit and human capital issues, designing and helping manage health, retirement and other benefits. It is a leader in benefit outsourcing. Mercer’s investment services include investment consulting and multi-manager investment management. Mercer’s 18,000 employees are based in more than 40 countries. The company is a wholly owned subsidiary of Marsh & McLennan Companies, Inc., which lists its stock (ticker symbol: MMC) on the New York, Chicago and London stock exchanges. 

For more information, visit www.mercer.com.

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