Mercer, a global consulting leader in advancing health, wealth and careers, and a wholly-owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), has appointed Ricardo Ventrilho Figueiredo as Leader for Investments Markets, Latin America. The creation of this new position highlights Mercer’s growth as a leading global provider of investment solutions.
In his new role, Mr. Figueiredo will manage the Mercer Investments team in Latin America with responsibility for developing and implementing a long-term business strategy for the region and expanding relationships with new and existing clients across all investment business lines within Latin America. Based in Brazil, he will report to Jeffery J. Schutes, Senior Partner, Investment Business Leader, and Growth Markets. His appointment is effective from 2 March 2015.
Mr. Figueiredo joins Mercer Investments from Mirae Asset Global Investments Brazil, where he was the Statutory Director responsible for the Sales and Products departments and for managing the company’s engagement with the local regulator. Previous to that position, he worked for 16 years at the leading Latin American bank, Itaú Unibanco. During this period, he served as Head of Institutional Sales and Head of Product Development.
“We are delighted to welcome Ricardo to Mercer as the lead for our expanding Investments team in Latin America,” said Mr. Schutes. “He brings vast experience that will further enhance the quality of the advice and services we already offer to clients in this region. The appointment of a dedicated leader for Investments Markets in Latin America underlines our long-term commitment to expanding in growth markets.”
With more than 20 years of experience in the financial markets sector, Mr. Figueiredo has deep knowledge and understanding of the regional investment landscape, having advised a wide range of domestic and international clients including, pension funds, wealth managers and insurance companies. During his career, he has been recognised for his professional expertise, receiving industry awards from Institutional Investor, Latin Finance and Investidor Institucional.
“I am excited to be leading Mercer’s growing Investment practice in Latin America,” said Mr. Figueiredo. “I look forward to working with my colleagues to deliver the best possible business results for our clients, building our reputation as market leaders and increasing our presence in the region.”
Mr. Figueiredo holds a BSc in economics from the State University of Campinas (UNICAMP) in Brazil and attained an MBA from the University of Michigan, USA.
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 more than 20,000 employees are based in 43 countries and the firm operates in over 140 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 57,000 employees worldwide and annual revenue exceeding $13 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. Follow Mercer on Twitter @MercerInsights.