Mercer Australia has announced the appointment of three new non-executive directors to its fiduciary boards effective 1 July 2023.
Namely, Sangeeta Venkatesan and David Hartley have joined the boards of Mercer Investments (Australia) and Advance Asset Management, while Jim Miller has joined the Mercer Superannuation (Australia) board.
Ms Venkatesan’s executive career spans over 25 years working across Asia, Europe, and Australia with a focus on product innovation and business transformation.
Most recently, she was the co-founder and chair of Human Financial. Before this, Ms Venkatesan was executive chair and chief executive officer of APP Securities, and chief operating officer for Commonwealth Bank and Lehman Brothers.
Moreover, Mr Hartley brings more than 40 years of investment experience across all major public and private asset classes to the board, having held the roles of chief investment officer for Sunsuper and director of investment consulting for Russell Investment Group. He was also the CIO for Mercer Australia between 2000 and 2003.
Commenting on their appointments, 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.”
Meanwhile, Mr Miller brings over 25 years of experience to the Mercer Superannuation (Australia) board, having worked in investment banking, sponsor and capital markets across a range of corporate and government sectors globally.
His previous roles include serving as vice chair of JPMorgan and as a director of financial services firm Household Capital. Mr Miller is also currently the chair for Infrastructure Victoria, a role he has held since 2015.
“It’s an exciting time for Mercer Super and we are delighted that someone of Jim’s calibre has joined us on this journey,” commented Mercer Super chair Jan Swinhoe.
“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.”
David Bryant, CEO of Marsh McLennan Pacific and president of Mercer Pacific, added: “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 concluded.
