NETHERLANDS - Jelle Beenan has been named as the incoming head of Mecer's investment consultancy in the Netherlands following the planned departure of Marjolein Sol.
Sol is leaving Mercer on 17 May to join Syntrus Achmea as chief investment officer, after which Beenen, who has been head of Mercer's Dutch financial strategy group and a member of the management team of Mercer Investment Consultancy in the Netherlands, will take over.
Sol has been investment consultancy business leader since 2007, focusing on the quality of advice of Mercer's consultants to approximately 70 clients in the Netherlands.
According to Mercer, Sol has expertise on pension funds, asset-liability management, the financial assessment framework and financial risk management. Prior to Mercer, Sol worked at the €86bn healthcare scheme PGGM, the predecessor of the pension fund PFZW.
At PGGM, she was subsequently director fixed income investments, treasury and commodities as well as director of equities. Earlier, Sol spent over six years with Rabobank International, as head of structured derivatives and credit derivates.
Sol's replacement Beenen joined Mercer two years ago, also from PGGM, where he headed alternative beta investments, commodities & quantitative strategies. Earlier, he was a senior derivatives researcher at both ABN AMRO Bank and Rabobank International.
Tom Geraghty, Mercer's head of investment consulting for Europe, Middle East and Africa, commented: "We are delighted to have someone of Jelle's calibre, experience and market knowledge lead our Benelux business and wish him well in asserting Mercer as the leading investment consultant in the region."