- Ms. Hendricks to spearhead explosive growth across Health, Wealth and Career solutions in SA and rest of Africa
- New CEO takes the helm of Mercer South Africa and a key seat on Mercer’s India, Middle East, Turkey and Africa Leadership Team
- Appointment takes effect 1 August 2018
Mercer, a global consulting leader in advancing health, wealth and career and a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), today announced the appointment of Nicolette Hendricks as CEO, South Africa.
“We are excited to welcome Nicolette to our team at a time when technological disruption and continued economic development is rapidly changing the future of work in Africa. Nicolette has vast experience in the financial services industry - both in South Africa and additional African markets. I am confident she will provide the leadership, insight and strategic direction Mercer requires to grow our business as we help our clients navigate the dynamically changing environment,” said Peter Botha, CEO, Africa.
In her new role, Ms Hendrick’s responsibilities include driving continued, profitable growth and overseeing the expansion of Mercer’s business in South Africa. She will also lead local initiatives to continue to build Mercer’s brand and reputation as a leader and trusted advisor in Health, Wealth and Career, including our important strategic partnership with Alexander Forbes.
Ms Hendricks will play a key role in ensuring that Mercer succeeds in effectively leveraging its partnership with Alexander Forbes so that both partners can better serve their clients in South Africa and as they seek to expand into the rest of Africa.
Ms Hendricks joins Mercer from the Liberty Group, where she served as Managing Director of the SME division. Her appointment is effective 1 August 2018.
Her past experience extends to various business models including Stock Broking; Investment and Asset Management, Life Insurance, Private Banking and Employee Benefits. During her long-standing tenure with the Old Mutual PLC Group – in South Africa, West and East Africa region – Nicolette’s purview involved major offshore ventures to drive the company’s market share growth in new territories on the African continent.
Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Mercer’s more than 22,000 employees are based in 44 countries and the firm operates in over 130 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With nearly 65,000 colleagues and annual revenue over $14 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment. Marsh & McLennan Companies is also the parent company of Marsh,which advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions; Guy Carpenter, which develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities; and Oliver Wyman, which serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit www.mercer.com. Follow Mercer on Twitter @Mercer.