Marsh has appointed Phil Parkinson as CEO of Mercer UK and, subject to regulatory approval, is expected to take up his new role in the coming weeks.

Parkinson began working at Mercer in 2007 as an investment consultant and has since held various international leadership roles.

Before this appointment, his most recent position was as Mercer UK wealth business leader, a role he has held since 2022, where he was responsible for the company's investments and retirement business.

Parkinson succeeds Benoit Hudon, who is leaving the business to pursue other opportunities and who will work closely with Parkinson to ensure a smooth transition.

In his new role, Parkinson will report to both Mercer CEO and president, Pat Tomlinson, and Marsh UK CEO, Chris Lay, with the reporting line moving from Lay to Lisa Quest when she assumes the role of Marsh UK CEO on 6 April.

Commenting on the appointment, Tomlinson said: "Phil is a highly talented leader who has built a very successful career with Mercer and has earned the respect of his clients and colleagues alike. His experience will be invaluable as we support our UK clients in navigating an increasingly complex economic environment and achieving successful outcomes for their stakeholders."

Tomlinson also thanked Hudon for "his leadership of Mercer and the positive culture he has instilled in his time as CEO" and wished him "every success in his future endeavours".

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