Williams takes over as global Mercer investment COO

GLOBAL - Mercer has promoted Cara Williams to chief operating officer of its investment consulting business. She replaces Jim Hiner, who retires after 20 years with the firm.

Williams, who before once worked on military logistics for the US Army and Nato, has been promoted from chief administrative officer, a role in which oversaw some operations and global client relationships.

A Mercer spokeswoman said Williams had been recruited in 2005 with a view to taking over from Hiner. "It's succession planning, really," she said.

Meanwhile Mercer was awarded an actuarial mandate with Bath and North East Somerset council for its £2bn (€3bn) pension fund.

The local authority awarded the £445,000 contract based on equally weighted criteria including resources allocated, experience of working with local government pension funds, service quality, client communication, value for money and references. The contract is for a six-year period.

Have your say

You must sign in to make a comment


Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2563

    Asset class: Mid & Small Cap Equities.
    Asset region: Global.
    Size: USD $130m.
    Closing date: 2019-09-27.

  • QN-2564

    Asset class: Large Cap Growth Equities.
    Asset region: Global Developed Markets.
    Size: USD $130m.
    Closing date: 2019-10-04.

  • DS-2567

    Closing date: 2019-10-02.

  • QN-2569

    Asset class: Local Currency Bonds.
    Asset region: Global Emerging Markets.
    Size: $500m.
    Closing date: 2019-10-10.

Begin Your Search Here