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Mercer Appoints Jennifer Kruse as Leader for US Outsourced Chief Investment Officer (OCIO) Business

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Mercer has appointed Jennifer Kruse as the new US Outsourced Chief Investment Officer (OCIO) Leader, effective immediately. Kruse will manage Mercer’s OCIO business, focusing on strategic initiatives and client relationship expansion. Previously serving as Head of Clients for US Investment Solutions, she has over 15 years of investment and consulting experience. Mercer, a part of Marsh McLennan (NYSE: MMC), oversees $354 billion in global assets under management in its OCIO business since 2005. Her experience is expected to drive innovative strategies and improve client services amid volatile market conditions. Kruse expressed enthusiasm about leading the talented OCIO team as it continues to deliver value to its clients.

Positive
  • Kruse's leadership is anticipated to enhance innovative investment strategies.
  • Her experience and previous roles promise continuity and improved client service.
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NEW YORK--(BUSINESS WIRE)-- Mercer, a global leader in redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being, and a business of Marsh McLennan (NYSE: MMC), announced the appointment of Jennifer Kruse as US Outsourced Chief Investment Officer (OCIO) Leader.

Kruse will oversee Mercer’s OCIO business and team in the US and will be responsible for implementing strategic initiatives, driving business development, and managing and expanding client relationships. Most recently, Kruse was Head of Clients for US Investment Solutions. She will now join Mercer’s US Wealth leadership team. Based in New York, she will report to Marc Cordover, US Investments and Retirement Leader, effective immediately.

Mercer has been providing OCIO solutions domestically since 2005, now comprising $354 billion in global assets under management.1

Commenting on the appointment, Cordover said, “Jen will continue our momentum in building a resilient and dynamic investment solutions business through implementing differentiated product offerings, collaborating with leaders and colleagues across the business, and helping to deliver exceptional client experience for Mercer’s US OCIO clients.” He continued, “Jen’s journey from being an investment consultant, to running client services for our OCIO business, to now leading our OCIO business puts us, and more importantly, our clients in a great position to implement innovative thinking in the most effective manner while seeking to meet their performance objectives and expectations. Jen brings a mindset of continuous improvement, which will position us to continue to innovate and lead the market in this space.”

Kruse brings over 15 years of experience in investment and consulting. Before joining Mercer in 2021, Kruse served as an Investment Consultant Director at Willis Towers Watson, where she worked since 2007. Kruse earned her bachelor's degree in economics and philosophy at College of Charleston, South Carolina.

“I am thrilled to be stepping into this role during an exciting time for our business,” said Kruse. “The OCIO team has strong talent with a track record of delivering value for our broad client base, particularly during the volatile markets of the last few years. I am delighted to be part of the future growth building off this incredible foundation.”

About Mercer
Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s approximately 25,000 employees are based in 43 countries and the firm operates in 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with 85,000 colleagues and annual revenue of over $20 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit mercer.com. Follow Mercer on LinkedIn and Twitter.

© 2023 Mercer (US) LLC. All rights reserved. Click here to view Mercer's Important Notices.

Media:

Ashleigh Jang

Mercer

+1 917 647 0070

Ashleigh.Jang@mercer.com

Source: Mercer

FAQ

Who is Jennifer Kruse and what is her new role at Mercer?

Jennifer Kruse is appointed as the US Outsourced Chief Investment Officer (OCIO) Leader at Mercer, responsible for leading the OCIO business in the US.

What are the responsibilities of the US OCIO Leader at Mercer?

The US OCIO Leader at Mercer oversees the OCIO business, implements strategic initiatives, drives business development, and manages client relationships.

What is Mercer's history in managing OCIO solutions?

Mercer has been providing Outsourced Chief Investment Officer solutions since 2005, currently managing $354 billion in global assets.

What impact might Kruse's appointment have on Mercer clients?

Kruse's appointment is expected to enhance client experience through innovative thinking and strategic improvements in investment solutions.

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