Mercer Names China Wealth Business Leader

Editorial Staff

7 May 2021

– part of US-listed Marsh McLennan – has appointed Fred Wen as wealth business leader for China. He is based in Shanghai.

Wen will report to Catherine Li, chief executive, Greater China, Mercer, and join the regional team led by Janet Li, Asia wealth business leader at Mercer, the firm said in a statement.

“Fred is taking on this important leadership role at a time when demand for investment solutions is growing at a rapid pace amid China’s strong economic recovery,” Li said. “Fred’s senior-level experience and industry knowledge, together with his track record of driving business success, will enable us to help more Chinese financial institutions and further expand Mercer’s position in China.”

With close to 15 years of experience in financial services, investments and consulting, Wen joins Mercer from Ping An Life Insurance Company of China where he was executive director and senior portfolio manager. Prior to this, he was senior investment consultant, investment services, at Willis Towers Watson, where he was responsible for the firm’s investment-related business in China.