People Moves
Reshuffle At The Top Of Mercer Asia
Mercer has named a new managing director and head of its Hong Kong office, as the global consultant seeks to bolster its Asia ranks following several departures.
Mercer has named a new managing director and head of its Hong Kong office, as the global consultant continues to replace and bolster its Asia ranks.
Sue Reekie starts as managing director and Hong Kong office leader. Before moving to Hong Kong, she was part of Mercer UK's client management team, having first joined Mercer in 2002 to lead business development in Scotland and Northern Ireland.
Reekie succeeds and will be working closely with Jonathan Gove, who is currently Mercer’s market leader for Greater China. Gove was previously head of Hong Kong and was promoted last July to his current role, replacing Guo Xin. Guo left Mercer after a ten-year stint last summer to join recruitment service provider Career International, as president and chief executive.
Guo was one of a number of senior Asia management who have left the firm in the last 12 months. The Singapore team of three all left separately, including analyst Desmond Lee who left in August, Asia-Pacific head of wealth management consulting Hansi Mehrotra who exited in December, and Iris Ka, principal consultant, who left last month.
Mercer says it is set to announce replacements for the team within the next month. Stephen Roberts, Mercer's Asia-Pacific leader of investments, told WealthBriefingAsia exclusively: "While we have had some recent turnover in staff in Singapore, which is common in the market, it should be viewed in the context that we have a large team of investment professionals (17 in Singapore and a further 12 in Hong Kong) many of whom work on wealth management clients and they are backed up by our extensive global network of colleagues.
"Mercer remains totally committed to delivering wealth management services and solutions throughout the region. This is a key client segment for Mercer's Investments business and a core focus of our activities going forward."
He added that Mercer currently has several positions in Asia for experienced investment professionals and expect to fill these roles in the coming month.
