Mercer has boosted its Mergers & Acquisitions (M&A) consulting business, announcing the appointment of Christine Deveney as Head of M&A for Australia/New Zealand.
Ms Deveney recently served as leader for the Australia and New Zealand Board and Executive Remuneration practice in Mercer’s Human Capital business. Prior to joining Mercer in 2008, Ms Deveney served as a Partner at KPMG, leading the International Executive Services business for Victoria.
Mercer's M&A consulting business offers solutions for organisations dealing with people management challenges and business opportunities resulting from mergers, acquisitions and divestitures. The team also supports companies undertaking structural changes such as business unit combinations or first-time outsourcing.
David Anderson, Mercer’s Managing Director for Australia & New Zealand, said: “Christine is clearly a high-calibre individual with a wealth of human capital experience and is greatly respected in the industry. The human capital and risk mitigation issues arising from M&A transactions have never been more important and complex and Christine’s appointment will allow our firm to continue to expand into this critical growth sector.
“Our research shows the most predominant cause of M&A transactions not realising the full value promised pre-closure relates to failing to get the people issues right. Identifying, engaging, motivating, incenting and structuring talent for success is a key driver of deal value,” said Mr Anderson.
Ms Deveney’s new appointment is effective immediately and based in Mercer’s Sydney office. She is a member of the American Institute of Certified Practicing Accountants (CPA), the Institute of Chartered Accountants in Australia, a Fellow member of CPA Australia and a graduate of the Australian Institute of Company Directors.
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