Mercer announced several key leadership changes within its Investments team in Asia, as part of its recently designated Growth Markets organizational structure. Tim Jenkins has been appointed Regional Business Leader for Investments & Retirement, Growth Markets; Deborah Bannon has been named Investments Market Business Leader, Greater China; Garry Hawker has been appointed Director of Consulting, Growth Markets; and Michelle Ng has been promoted to Head of Advisory, Greater China.
On January 1, Mercer announced the creation of a new Growth Markets region, which includes Asia, the Middle East, Africa and Latin America. The objective is to ensure that the firms strategy, structure and talent are optimally aligned with the unique circumstances and opportunities that exist in these countries. We believe economic activity in the growth markets of Asia will continue to outpace mature markets, and the strengthening of our Asia investments team is tangible evidence of Mercers commitment to this region, said Gaurav D. Garg, Regional President, Growth Markets.
As we continue to make investments in solutions that meet the ever changing needs of our clients, these appointments will help us stay close to the market and adapt to the specific requirements in Asia, said Phil de Cristo, President, Mercer Investments.
Tim Jenkins, who first joined Mercer in 1985, is a senior partner and has worked for Mercer in Asia, the UK, New Zealand and Australia. He is a member of Mercers Global Investment and Retirement Leadership Teams and Mercers Growth Markets Leadership Team. He has held previous roles including Managing Director of the Mercer business in New Zealand, Australia/New Zealand Retirement Business Leader and Asia Pacific Retirement Business Leader.
In the new structure, as Director of Consulting, Growth Markets, Garry Hawker is responsible for ensuring all clients across Asia benefit from the tailored application of Mercers best ideas. Garry first joined Mercer in New Zealand in 1992. Since his move to Asia, Garry's major clients have included the national social security funds, central banks and national reserve investment agencies of many Asian countries. In April 2008, in recognition of his client focus, Garry became the Regional Director for Sovereign Funds. He is currently based in Singapore.
As Leader of the Investments Business for Greater China, Deborah Bannons role has been expanded to encompass responsibility for oversight of the provision of the full suite of services across the investment continuum, including research and tools, advice and solutions. Deborah has over 20 years of experience in the investments and financial services field, a large part of which has been in Asia and she has worked with a wide variety of clients across the region.
Michelle Ng's role in the new structure has been expanded from Head of Advisory for Hong Kong to Head of Advisory for Greater China. Michelle first joined Mercer Investment Consulting in 2005. Since joining, Michelle has worked with clients in Hong Kong, Macau, Taiwan and China, including national pension funds, government and quasi-government funds, private corporations as well as insurance companies on a wide range of investment consulting services. Michelle is currently based in Hong Kong.
We see more demand from clients for delegated solutions, with Mercer focusing on the management of risk, allowing clients to focus on the myriad other tasks commanding their time, said Tim Jenkins, Regional Business Leader for Investments & Retirement. Our new structure in Asia allows us to effectively address this client demand.