Mercer has appointed Tim Barber as head of Mercer Super to lead the firm’s flagship Mercer Super Trust and related portfolio services business.
Barber would be responsible for driving the growth of Mercer’s superannuation product.
Mark Thompson, acting head of Mercer Super, would report to Barber upon his commencement in May.
Thompson would continue to drive strategic growth for Mercer’s superannuation business, as well as developing new partnerships and commercial opportunities as industry consolidation continues.
Barber joined Mercer from Australian Unity, where he held the role of chief executive for Australian Unity Bank for the past four years.
Prior to that, he was the chief operating officer and chief financial officer of Australian Unity’s Wealth business, and was a partner at Ernst & Young, focused on the financial services industry.
David Bryant, Mercer Australia chief executive, said Mercer would further cement itself as a high value provider of superannuation under Barber’s leadership.
“Tim brings to Mercer a strong consumer background, having worked with retail businesses to help clients and members achieve the best outcomes possible,” Bryant said.
“This perspective is invaluable to our corporate clients and our 240,000 plus members, and under Tim’s new leadership we’ll better engage, retain and grow our membership.
“While we’ve recently announced a range of improvements to our pricing and products, Tim will be responsible for leading our ongoing work to ensure Mercer delivers sustainable and competitive value to our clients and members.”
Bryant said Berber had proven success in developing and executing robust strategies that delivered meaningful results, and leading high-performing teams.
“His experience in delivering strong client outcomes will enable us to achieve our aspirations of increasing our market share and continuing to enhance our proposition to the market,” Bryant said.