Mercer Appoints Mustafa Faizani as US West Market CEO

Rhea-AI Summary

Mercer, a global leader under Marsh McLennan (NYSE: MMC), has appointed Mustafa Faizani as US West Market CEO. Faizani will enhance Mercer's growth in the West market, focusing on client service and innovative investment solutions. He brings over 20 years of consulting experience, previously leading Mercer’s Wealth business. His appointment emphasizes a commitment to sustainability and navigating complex business challenges. President Pat Tomlinson praises Faizani's track record in guiding clients through the pandemic.

Positive

• Appointment of Mustafa Faizani as US West Market CEO expected to drive growth.
• Faizani's extensive experience in investments and leadership may strengthen Mercer's market position.
• Focus on sustainability aligns with current business trends and client needs.

Negative

• Concerns about leadership transition and the potential impact on continuity in management.

LOS ANGELES--(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), has named Mustafa Faizani US West Market CEO. Faizani joins Mercer’s US & Canada leadership team. He will focus on driving profitable growth by expanding Mercer’s capabilities in the West market to deliver high-quality client service, as well as innovative investments ideas, products, and solutions. Based in Los Angeles, he will report to Pat Tomlinson, President, US & Canada.

“Mustafa is a dynamic leader with extensive consulting and leadership experience,” said Tomlinson. “Since the onset of the pandemic, he has been an integral part in helping clients navigate the changing business environment and enabling them to achieve sustained long-term performance. I am confident in his ability to build on Mercer's strong foundation in key cities across our West market.”

“Organizations are facing increasing complexity from all directions; whether it’s attracting and retaining key talent in a tight labor market to navigating turbulent investment markets, the way our clients incorporate sustainability into their business strategy will determine their long-term success,” said Faizani. “Environmental, social and governance principals have become a business imperative, and I am thrilled to take on this new role leading the West market with a holistic focus on sustainability.”

Faizani brings more than 20 years of experience in investments and retirement consulting in various geographies across the globe. In his previous role, Faizani led Mercer’s Wealth business in the West market, and before that he was CEO of Mercer’s India, Middle East, Turkey, and Africa (IMETA) region, where he led profitable growth across some of the most diverse, high-potential countries in our portfolio. Prior to joining Mercer in 2007, Mustafa worked for 11 years in client- and market-facing roles, including Vice President for Retirement Plan Services at Union Bank of California. He holds an MBA in finance from Pepperdine University and BBA from the University of Houston.

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 83,000 colleagues and annual revenue of nearly $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.

A business of Marsh McLennan

View source version on businesswire.com: https://www.businesswire.com/news/home/20220207005121/en/

Katherine Ratcliffe

+1 917 703 7453

Katherine.ratcliffe@mercer.com

Source: Mercer

FAQ

Who is Mustafa Faizani in relation to Marsh McLennan (MMC)?

Mustafa Faizani is the newly appointed US West Market CEO at Mercer, a business of Marsh McLennan.

What are Mustafa Faizani's goals as CEO of Mercer’s US West Market?

He aims to drive profitable growth by expanding capabilities and delivering innovative investment solutions.

What is the significance of sustainability in Faizani's new role?

Sustainability is deemed essential for long-term business success, particularly in attracting and retaining talent.

How does Mustafa Faizani's experience benefit Mercer?

Faizani brings over 20 years of experience in investment consulting, which is critical for addressing complex client needs.

When was Mustafa Faizani appointed as US West Market CEO?

His appointment was announced recently as part of Mercer's strategic leadership changes.