Mercer Australia has announced the appointment of three new non-executive directors to its fiduciary boards, including a Mercer Superannuation board appointment.
Effective 1 July, Jim Miller joins the board of Mercer Superannuation.
He brings more than 25 years of experience to the role in investment banking, sponsor and capital markets across a full range of corporate and government sectors in Australia, New Zealand, Asia, North America, and Europe.
Miller has been chair of Infrastructure Victoria since 2015. Prior to that, he was vice-chair at JP Morgan for over four and a half years.
He also spent more than a decade at Infrastructure Partnerships Australia as vice chairman and advisory board member.
Mercer Super chair, Jan Swinhoe, considered this an exciting time for the firm.
“We are delighted that someone of Jim’s calibre has joined us on this journey. I’m confident that his contribution will further strengthen our ability to provide our clients and our members with improved retirement outcomes as we cement our competitive position in the market,” Swinhoe said.
Earlier this year, the superannuation offering reached $63 billion in funds under management after it acquired the Holden Employees Superannuation Fund (HESF) in May.
This followed the fund’s merger with BT Super in April 2023 and Lutheran Super in August 2022.
The other Mercer Australia board appointments are Sangeeta Venkatesan and David Hartley, who join each of the Mercer Investments and Advance Asset Management boards.
Hartley, a former chief investment officer for Mercer Australia, holds over 40 years of investment experience across all major public and private asset classes. He has been senior investment counsel at NSW State Super for almost six years.
His experience also includes CIO for Sunsuper, director for investment consulting for Russell Investment Group, and chair of the investment committee of Australian Catholic Superannuation (now merged with UniSuper).
Meanwhile, Venkatesan brings more than 25 years of experience to the board, having held senior roles in Goldman Sachs, Morgan Stanley, Nomura, and Commonwealth Bank of Australia. She is president of Women in Banking and Finance (WIBF) and a member of the EG Funds Management investment committee.
“Sangeeta and David bolster the capabilities of our boards,” said Mercer Investments chair, John Gee.
“Their combined deep experience across the investment landscape will be hugely valuable to Mercer’s diverse investor base.”
