Ms Babbage and Ms Swinhoe will work with the existing directors to contribute to the development of strategy, monitor executive activity, ensure the robustness of financial controls and risk management systems and oversee ongoing compliance with the relevant laws and licensing requirements.
Mercer has also appointed human resources leader for the Pacific, Michele Glover, to the Mercer Australia board.
Ms Babbage has experience in financial markets, trading with Deutsche Bank and Bankers Trust and has held various board positions with Swiss Re, Q Super, Athletics Australia and St Vincent’s Health.
Ms Swinhoe has had experience in banking, capital markets and life insurance with Westpac, BT Financial Group, County NatWest, Citigroup and Mercantile Mutual.
She has also held board positions with Australian Philanthropic Services, Suncorp Group and Fusion Retail Brands.
Mercer managing director and Pacific market leader David Anderson said in addition to their professional director experience, both Ms Babbage and Ms Swinhoe bring important capabilities and career experiences to Mercer that are essential for its future growth and success.
“Melissa and Jan bring a fresh perspective on the Mercer business and the marketplace in Australia, which will be very helpful as we review our strategy plan and execute for the future,” said Mr Anderson.
“Their appointments take both the Mercer Investments board and Mercer Australia board to a majority of independent non-executive directors.”
