Private Client Services by Mercer strengthens leadership to accelerate next phase of growth


Asia, 2 September 2021 – Private Client Services by Mercer (PCS), a market leader in providing risk management propositions, with a focus on integrated life insurance solutions for high net worth (HNW) and ultra-high net worth (UNHW) individuals, today announced key leadership appointments to drive its next phase of growth and expansion.


These leadership appointments come as PCS sees continued growing demand from high net worth and ultra-high net worth individuals.   


Joseph Low, Group CEO, PCS by Mercer said, “The pandemic has put the spotlight on the importance of wealth planning for HNW and UNHW individuals as they think about legacy planning needs. Demand for risk solutions is also surging, along with the sustained growth in the HNW and UHNW population1 concerned with the preservation, growth and transfer of their wealth. PCS is well-positioned to seize these opportunities with our market-leading digital capabilities and innovation in solutions.”


  • Davin Wong joins Private Client Services by Mercer Pte Ltd (“PCS Singapore”) from 1 September 2021 as CEO designate. His appointment is subject to regulatory approval from the Monetary Authority of Singapore.  He will lead the PCS Singapore business to drive sales and business opportunities in the region. With over 20 years of wealth management, client advisory and private banking experience, Mr Wong was previously VP Bank’s Executive Director covering the bank’s South East Asia markets.

  • Bill Johnston, previously Global Head of Sales, PCS, will take on the newly created role of Group Chief Commercial Officer, PCS, also effective 1 September 2021. In his new role, Mr. Johnston will drive cross referrals between PCS and other Mercer entities in AMEA and expand our revenue channels, with a focus on External Asset Managers and family offices across Mainland China, Singapore, Hong Kong and Switzerland.

  • Anubhav Bhushan, has taken on the role of CEO of PCS International.2 Mr. Bhushan will lead the international sales team to focus on providing insurance-linked solutions to clients across Europe, Southeast Asia, the Middle East and the Indian diaspora.

  • Jason Kwong was appointed as Group Deputy Chief Operating Officer, PCS on 26 July 2021. With close to 20 years of experience in financial services, Mr. Kwong was most recently Head of Global Insurance and Executive Director at Noah International (Hong Kong) Limited.


Mr. Low added, “These leadership appointments signal an exciting new chapter for PCS and it strengthens our position to seize opportunities the future presents. After COVID-19 hit, we ramped up digital transformation efforts to meet the needs of clients wanting to complete new policies remotely. And with a license to operate a wholly-owned domestic insurance brokerage in China, we are also actively expanding our footprint there. We will continue to focus on expanding client offerings by leveraging Mercer’s infrastructure, expertise and extensive network of insurance brokerage solutions.”




About Private Client Services by Mercer

Private Client Services by Mercer (PCS) is a market leader in providing risk management propositions, with a focus on integrated life insurance solutions for High Net Worth (HNW) clients with their wealth planning needs in mind. With offices across Singapore, Hong Kong SAR, China Mainland, Geneva and Zurich, PCS works in close partnership with major private banks and trustees globally to serve HNW clients in over 50 markets. The businesses and entities of PCS form part of the global business network of Mercer, a business of Marsh McLennan (NYSE: MMC). For more information, visit us at


1Capgemini. World Wealth Report 2021.

2PCS International is a Business Unit within PCS Singapore.

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