Marsh & McLennan Companies, Inc. plans to sponsor a Retirement Policy Center. The Center will become a catalyst for new ideas and perspectives on retirement and will educate the public and key constituents on retirement public policy issues.
Marsh & McLennan is a global professional services firm providing advice in the areas of risk, strategy and human capital. Its Center will be led by M. Michele Burns, who will serve as its full-time executive director.
“Our decision to sponsor the creation of a Retirement Policy Center is focused on increasing national awareness of a critical issue that needs attention,” said Brian Duperreault, president and chief executive officer of Marsh & McLennan Companies. “At Marsh & McLennan we help clients solve complex problems, and our goal in creating this center is to broaden our reach to support the generation of ideas on retirement for the greater good of our aging population. Michele has been deeply involved in the issues of retirement, health and human capital at Mercer, and I could not think of a more capable and dedicated professional to lead this effort.”
Burns joined Marsh & McLennan Companies in March 2006 as executive vice pesident and chief financial officer and has served as chairman and chief executive officer of Mercer since September 2006. Effective immediately, she will assume responsibility for the planning and design of the Center, while remaining available to assist during transition.
“I am honored to be asked to lead the effort to build a center on such an important topic,” Burns said. “The issue of retirement funding in a period of demographic shift is and should be top of mind for governments, businesses and individuals alike. I commend Marsh & McLennan Companies for its commitment to sponsor this effort, and I am grateful for being selected for such an important undertaking. I know that together we can make a difference.”
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