Friday, 28 April 2017
Last updated 5 hours ago
Jul 18 2016 | 9:57pm ET
Willis Towers Watson has named former Aon Hewitt executive Kemp Ross as global head of the firm’s Delegated Investment Solutions group.
In his new role, Ross takes the reins of the company’s growing OCIO business, in which clients typically delegate the portfolio structure, manager selection and implementation responsibilities to Willis Towers, thus allowing them to concentrate on determining and monitoring strategic objectives. The offering includes specialist hedge fund and private-market teams responsible for, among other things, proactively helping clients manage directly invested portfolios.
Ross will be based in Chicago, effectively immediately, and report to Chris Ford, global head of Investment at the company. He joins the company from Aon Hewitt, where he has worked since 2008 and where he was most recently senior partner, head of solutions and operations for Investment. Beforehand, he worked at Mercer for 15 years, most recently as the Chicago Retirement business leader.
“We’re very pleased that Kemp is taking on the global leadership of our delegated business and joining the Investment global leadership team,” said Ford in a statement. “He has proven business and leadership experience as well as strong investment acumen, which I’m confident will ensure that our business caters to the increasing demand for these services globally.
“Pension plans and other institutional investors around the world, of all sizes, continue to believe outsourcing is the best way to achieve their investment objectives in the current environment,” Ford continued.
With roots dating back to 1828, Willis Towers Watson is a leading global advisory, broking and solutions firm. The company’s Investments business provides institutional investors with expertise in risk assessment, strategic asset allocation, fiduciary management and investment manager selection. It has assets under advisory of over $2.3 trillion and around $75 billion of assets under management.