Marsh-owned business appoints new UK chief executive

Marsh-owned Mercer UK has appointed Phil Parkinson as its new chief executive.

Parkinson, who succeeds Benoit Hudon, will lead the strategic development and execution of the Mercer UK commercial strategy, which encompasses its health and benefits, investments and retirement and workforce and rewards businesses.

He will also work closely with Marsh leaders to deliver the firm’s capabilities across risk, strategy and people to UK clients. He will report both to Pat Tomlinson, president and chief executive at Mercer Group, and to Chris Lay, chief executive at Marsh UK.

The reporting line will move from Lay to Lisa Quest when she takes up the role of Marsh UK chief executive on 6 April.

Tomlinson said: ”His experience will be invaluable as we support our UK clients in navigating an increasingly complex economic environment and achieving successful outcomes for their stakeholders.

“I would also like to thank Hudon for his leadership of Mercer and the positive culture he has instilled in his time as chief executive. We wish him every success in his future endeavours.”

Experience

Parkinson joined Mercer in 2007 and was appointed UK wealth business leader, responsible for its investments and retirement business.

He also held numerous international leadership positions during his time with the firm.

Parkinson said: “I am very grateful for the trust and opportunity to lead Mercer’s UK business.

”Together, with our team of exceptional colleagues, I am committed to creating the best outcomes for our clients through providing the tools, advice and solutions they require in these challenging times.”