Key Takeaways
- • Mercer promoted Deborah Wardle to international CIO, effective immediately, leading investment teams across the U.K., Europe, India, the Middle East and Asia.
- • Wardle succeeds Garvan McCarthy, who was elevated to the newly created role of global alternatives CIO.
- • Wardle reports to Niall O'Sullivan, who was appointed global CIO in April.
- • Wardle has spent nearly 16 years at Mercer, most recently as CIO for EMEA and Asia, head of portfolio management for EMEA, and U.K. alternatives leader.
Summary
Mercer announced on Monday the promotion of Deborah Wardle to international chief investment officer, a role that puts her in charge of investment teams across the U.K., Europe, India, the Middle East and Asia. The appointment is effective immediately. Wardle will be based in London and reports to Niall O'Sullivan, who was named global CIO in April.
Wardle succeeds Garvan McCarthy, who has moved into the newly created position of global alternatives CIO. Wardle has been with Mercer for nearly 16 years and most recently held the titles of CIO for EMEA and Asia, head of portfolio management for EMEA, and U.K. alternatives leader. Her background spans traditional and alternative investments alongside portfolio management.
O'Sullivan said in a statement that Wardle is "a natural leader with deep investment expertise and a strong understanding of how to deliver outcomes for clients," adding that her experience positions her to lead the international investment teams "through the next phase of our growth." Wardle said she looks forward to building on the firm's foundation and continuing to deliver for its large asset owner clients in an evolving investment environment.
Wardle holds a bachelor of science in mathematics from the University of Nottingham. Coverage from other outlets notes that Mercer is a business of Marsh, and that the Mercer name is transitioning to Marsh, though the appointment itself is presented as a Mercer leadership change.
Wardle succeeds Garvan McCarthy, who has moved into the newly created position of global alternatives CIO. Wardle has been with Mercer for nearly 16 years and most recently held the titles of CIO for EMEA and Asia, head of portfolio management for EMEA, and U.K. alternatives leader. Her background spans traditional and alternative investments alongside portfolio management.
O'Sullivan said in a statement that Wardle is "a natural leader with deep investment expertise and a strong understanding of how to deliver outcomes for clients," adding that her experience positions her to lead the international investment teams "through the next phase of our growth." Wardle said she looks forward to building on the firm's foundation and continuing to deliver for its large asset owner clients in an evolving investment environment.
Wardle holds a bachelor of science in mathematics from the University of Nottingham. Coverage from other outlets notes that Mercer is a business of Marsh, and that the Mercer name is transitioning to Marsh, though the appointment itself is presented as a Mercer leadership change.
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