Hong Kong, 1 December 2022 – Mercer, a global consulting leader in talent, health, retirement and investments and business of Marsh McLennan (NYSE: MMC) announced today the opening of a new office in Macau SAR with Vicki Fan as CEO. Ms Fan is also Mercer’s CEO and Marsh McLennan’s Chief Corporate Officer for Hong Kong SAR.
The expansion marks Mercer’s 4th office in the GBA as the firm continues to see strong growth and demand for its consulting services and solutions in partnering organizations to meet the health, wealth and career needs of their changing workforce.
Ms Fan said, “As demand for our services continues to grow both in Macau SAR and the GBA, our new office will establish a strong local presence and provide additional resources to better serve and collaborate with clients in the region, leveraging both our global expertise and network. It also allows for closer collaboration with our offices in Hong Kong SAR and Mainland China – an important part of our growth strategy in the GBA.”
The move also paves the way for further growth in headcount, investment, and solution offerings in the dynamic region spanning Hong Kong SAR, Macau SAR and nine mainland Chinese cities.
Ms Fan added, “One of China’s most prominent economic development initiatives, the GBA has the potential to become an economic powerhouse in global innovation, finance and trade – one that will be comparable or even surpass leading bay areas across the globe such as the San Francisco Bay Area. Our presence in Macau SAR will allow us to capture emerging opportunities with the continued growth of a vibrant, thriving business community.”
The expansion will enable Mercer to accelerate growth and build on its strong employee benefits brokerage and consulting services in the market. The new office is also part of the firm’s strategic plan for greater market penetration for its career consulting and products business particularly in the high-demand areas of executive rewards, talent advisory and mobility, as well as its wealth expertise and solutions.
Ms Fan said, “As Macau SAR returns to business as usual with the gradual easing of COVID-19 restrictions and revival of gambling and cross-border tourism, the economy is expected to resume growth at a faster pace. This will in turn drive greater demand for our services and solutions.
Our presence in the GBA dates way back to 1976. We’re proud of our growth and with the new office, we are well positioned to reach new clients and continue to tap on the strong talent in the region.”
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 86,000 colleagues and annual revenue of over $20 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit mercer.com. Follow Mercer on LinkedIn and Twitter.