Mercer has announced the addition of a new independent non-executive director, Sue O’Connor, to the Mercer Superannuation (Australia) Limited (MSAL) Board.
As a non-executive director, Ms O’Connor will work with the existing directors to contribute to the development of strategy, monitor executive activity, ensure the robustness of financial controls and risk management systems and to oversee ongoing compliance with the relevant laws and licensing requirements.
Ben Walsh, Managing Director and Pacific Market leader, said, “Sue not only brings a high level of commercial acumen, strategic thinking and leadership to the MSAL Board, she is a leading advocate for digital transformation, social media and innovation, which is so critical to success in today’s business environment, particularly superannuation.
“The superannuation industry is facing fierce competition and disruption. Mercer is investing significantly to enhance the customer experience capability of our super fund clients to help them thrive in this environment, and Sue’s leadership will help strengthen our performance in this area,” Mr Walsh added.
Ms O’Connor, who has held executive and directorial positions in a number of industries including telecommunications, information technology, financial services and utilities, is currently Chairman of Yarra Valley Water and a Director of State Trustees Limited, Transport Accident Commission and YMCA Victoria.
She was previously Group General Manager at Telstra Corporation and Managing Director of Balcombe Consulting.
Mercer is a global consulting 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 more than 20,000 employees are based in more than 40 countries and the firm operates in over 130 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy and people. With 57,000 employees worldwide and annual revenue exceeding $13 billion, Marsh & McLennan Companies is also the parent company of Marsh, a leader in insurance broking and risk management; Guy Carpenter, a leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a leader in management consulting. For more information, visit www.mercer.com.au Follow Mercer on Twitter @MercerAu