The three executives had been serving in other roles at Mercer. One of the objectives in making the appointments is to rotate responsibilities in order to expand the breadth of their expertise and to gain the benefit of cross-fertilization of experience across investment disciplines, said Julio A. Portalatin, president and CEO of Mercer. These senior appointments reflect the importance of investment and retirement opportunities in Europe and growth markets, as client needs are changing and growing rapidly.
Kirton has been appointed head of investments business in Europe, succeeding Tom Geraghty, who has assumed the post of market leader and chief executive for Ireland.
Schutes has been chosen to head investments business in the growth markets, a newly created position, which includes Asia, Middle East and Turkey, Africa and Latin America.
Sethi has been appointed head of retirement business in the growth markets, also a newly created position.