Mercer has appointed Peter Baker as the head of the Mercer Sentinel team in the Pacific market, the specialist investment operations and implementation management team within Mercer’s Investment business.
The significant appointment comes at a time when investment operations are front of mind for many institutional investors, following recent regulatory guidance notes as well as changes at some custodians.
Graeme Mather, leader of Mercer’s investment consulting team in the Pacific market said,
“Peter is a great cultural fit for Mercer and his appointment will ensure we remain well positioned to meet the significant demand from investors for the specialist services the Mercer Sentinel team provides.
“Peter is joining us at a time when there are significant opportunities to leverage the services offered by the Sentinel team, particularly with the significant demand for Operational Risk Assessments and custody reviews.
“As a global team with more than 50 investment operations and custody professionals, Peter will work closely with colleagues around the world to ensure our clients in the Pacific are able to conduct operational due diligence on asset managers and other service providers around the globe,” he said.
Peter will join Mercer from BNP Paribas Securities Services where he was the managing director for Australia and New Zealand. Peter also brings global senior management experience having worked extensively in Europe and Asia.
Peter will commence with Mercer on November 17 and be located in Sydney.
Mercer Sentinel is the specialist investment operations and implementation management team within Mercer’s investment business. The team provides specialist, strategic advisory and implementation services to clients.
Mercer is a global 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 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 55,000 employees worldwide and annual revenue exceeding $12 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. Follow Mercer on Twitter @MercerAU @MercerInsights