Mercer bolsters Middle East team with key senior appointments

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Hussein Magdy

Dubai: Mercer today announced two key senior hires; Rob Ansari is appointed to the position of IMETA Wealth Leader, which comprises India, the Middle East, Turkey and Africa, and Hussein Magdy assumes the role of Executive Director – Investment Solutions Leader. 

In his new role as IMETA Wealth Leader, Mr. Ansari will be responsible for setting and driving the Wealth strategy and initiatives, specifically the delivery of retirement services, investment consulting and investment solutions throughout the region. 

Mr. Magdy, in his role as Investment Solutions Leader, will drive growth across sovereign wealth, pensions, family offices, wealth management, banks, insurance and other professional investors, working closely with both local and regional teams. 

Commenting on the appointments, Mr. Lotfy, CEO, IMETA said: “Mercer has achieved significant growth over the past few years, particularly in the IMETA region, which is one of the fastest growing geographic areas in the portfolio. Appointment of Mr. Ansari and Mr. Magdy is reflective of our commitment to ensuring we understand the needs of our clients and providing them with access to services that are reflective of local market dynamics and underpinned by our global capabilities. I am confident that with the additions to our IMETA senior leadership team, clients will benefit from enhanced capabilities and access to services.”

Mr. Ansari stated: “I am pleased to assume the role of IMETA Wealth Leader at Mercer. With changing market needs throughout the region, I look forward to further developing Mercer’s Wealth business to support our institutional clients. With Mercer’s global scale and in-depth local knowledge, I look forward to being part of the growth story of the IMETA region.” 

An experienced leader with 20 years of industry experience, Mr. Ansari was formerly Managing Director, Head of Middle East at MSCI Inc. where he was responsible for the creation, execution and maintenance of strategies that met the needs of a range of institutional clients. He brings deep understanding of the unique complexities of growth markets and the needs of entities throughout the IMETA region. 

Mr. Magdy commented: “As Investment Solutions Leader, I am confident that we will take Mercer’s IMETA offering to the next level, providing advisory services to help clients navigate the evolving landscape through the provision of global investment research with deep local insights, and portfolio implementation that meets the needs of institutional investors. Over recent years, the need for investment solutions & OCIO has been growing across the Middle East and I look forward to supporting our clients in identifying solutions that meet their needs.” 

With 14 years of asset management experience and deep regional knowledge, Mr. Magdy most recently held the position of Associate Director – MENA Client Relationships at Mitsubishi UFJ Financial Group. Prior to which, he held various roles at The National Investor, Morgan Stanley and Beltone Financial. 

About Mercer:

 Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s approximately 25,000 employees are based in 43 countries and the firm operates in 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with 78,000 colleagues and annual revenue of over $18 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment.