Mercer, a business of Marsh McLennan, has appointed Olaolu Aganga as Partner, US Chief Investment Officer (CIO), effective immediately
In her new role, Aganga will report to Hooman Kaveh, Global CIO , and she will also join the leadership team for Mercer’s US Outsourced Chief Investment Officer (OCIO) practice.
Based in New York, the role will see Aganga lead the US OCIO investment team to implement and deliver all aspects of Mercer’s OCIO investment processes. This includes strategic asset allocation, fund manager selection, and risk management across Mercer’s US OCIO client base, which ranges from endowments and foundations to defined benefit and defined contribution retirement plans, wealth managers, and insurance companies.
Most recently, Aganga served as a Managing Director within BlackRock’s US OCIO business.
Before she joined BlackRock, Aganga worked for Goldman Sachs where she advised institutional clients on a variety of investment solutions.
Addressing her appointment, Aganga said: “I am proud to join Mercer, a firm I’ve long admired for its agility and track record for helping clients deliver impressive investment results. I’m joining a strong, global team of investment professionals and look forward to working alongside them to continue to deliver bespoke investment solutions and drive better investment outcomes for our clients.”
Jen Kruse, US OCIO Leader, Mercer, commented: “We are fortunate to attract the brightest investment talent and Olaolu’s move to Mercer reflects that. With Olaolu’s client-centric focus and proven track record of driving innovation and results, we are confident she will be a trusted advisor to our clients to help them navigate and capture the opportunities of the rapidly evolving global market.”
