Mercer has appointed Ruby Yadav as its chief risk and compliance officer, pacific, to start in February 2020.
Yadav has over 20 years of experience and has held a range of risk and compliance roles in the consulting sector and financial services including insurance, banking, and superannuation. She was most recently UniSuper’s chief risk officer.
Mercer Pacific’s chief executive, Ben Walsh, said Yadav’s appointment was vital in strengthening the organisation’s commitment to best practice management of risk and compliance matters.
“Risk and Compliance are critical business functions that we’ve invested in heavily over the years, and while it has always been a top priority, with the changing regulatory environment particularly for superannuation funds, it is more important than ever,” Walsh said.
“Sound governance, a proactive approach to risk management and strong relationships with our regulators are among our bedrocks at Mercer.”
The fund has hired a former ART executive as its new head of group strategy.
The sovereign wealth fund has revealed six internal hires to support the execution of key strategies.
The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December.
The $89 billion fund has announced a new leadership role within its private markets team.