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Towers Watson makes senior appointment

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By Reporter
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3 minute read

Global company strengthens retirement and investment team

Towers Watson has appointed Asghar Alam as a senior consultant for its US investment and retirement businesses.

In his new role Mr Alam will help Towers Watson's pension plan clients address retirement, finance and investment issues.

"Defined benefit pension plan sponsors are becoming increasingly focused on liability driven investment strategies and transactions to reduce financial risk," Towers Watson North America retirement business leader Bill Gulliver said.

"Asghar has significant experience working globally in these areas with some of the world's largest multinational corporations."

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Mr Alam has more than 30 years' experience consulting on strategy development and financial management of retirement programs.

He joins Towers Watson from Mercer where he was a senior partner and, most recently, was global business leader of its investment consulting business.

Mr Alam also headed up Mercer's New York office and the north east region and was a member of Mercer's Global Operating Committee, and served on its US board of directors.

He previously worked at Watson Wyatt prior to joining Mercer in 1996, and was on the Wyatt Company's UK board of directors while based in its London office.

"Asghar is a very senior business leader with over three decades of pensions consulting experience, which includes the building and managing of investment and retirement advisory businesses," Towers Watson's head of investment for the Americas Chris DeMeo said.

"He has consulted to major corporations around the world and has governance experience servicing on global operating committees.

"We are delighted to welcome him to Towers Watson and proud to be able to attract someone of his experience and calibre."

Mr Alam will be based in Towers Watsons's New York office.