Mercer Australia appoints three new Non-Executive Directors 

Australia, 3 July 2023 – Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being today announced the appointment of three new Non-Executive Directors to its fiduciary Boards effective 1 July 2023. Sangeeta Venkatesan and David Hartley join each of the Mercer Investments (Australia) Limited and Advance Asset Management Limited (AAML) Boards, and Jim Miller joins the Mercer Superannuation (Australia) Limited Board.

CEO Marsh McLennan Pacific and President, Mercer Pacific, David Bryant said, “Our fiduciary Boards play a key role in helping our clients and members thrive, and we are very fortunate to have three esteemed industry leaders join as Non-Executive Directors. I look forward to working with Sangeeta, David and Jim as we execute on our growth strategy and continue to deliver on our purpose to make a difference in people’s lives.”

Mr Bryant noted that as the firm continues to progress its strategic growth agenda across Investments and Superannuation, strong governance and leadership across Mercer’s fiduciary Boards remains ever important.

Ms Venkatesan’s executive career spans over 25 years working across Asia, Europe and Australia with a focus on product innovation and business transformation. In her most recent role, Ms Venkatesan was the co-founder and Chair of Human Financial. Previously, she was Executive Chair and CEO of APP Securities, and COO for Commonwealth Bank and Lehman Brothers.

Mr Hartley has over 40 years’ investment experience across all major public and private asset classes and has held several senior executive roles, including Chief Investment Officer for Sunsuper and Director for Investment Consulting for Russell Investment Group. He was also formerly the CIO for Mercer Australia.

Mercer Investments Chair John Gee said, “Sangeeta and David bolster the capabilities of our Boards. Their combined deep experience across the investments landscape will be hugely valuable to Mercer’s diverse investor base.”

Mr Miller brings over 25 years of experience to the Mercer Superannuation (Australia) Limited Board, having worked in investment banking, sponsor and capital markets across a full range of corporate and government sectors in Australia, New Zealand, Asia, North America and Europe. He is currently the Chair for Infrastructure Victoria, a role he has held since 2015.

Mercer Super Chair Jan Swinhoe added, “It’s an exciting time for Mercer Super, and we are delighted that someone of Jim’s calibre has joined us on this journey. I’m confident that his contribution will further strengthen our ability to provide our clients and our members with improved retirement outcomes as we cement our competitive position in the market.”