Mercer receives advisory licence from CMA
Tuesday, 13 September 2022
RIYADH, Sept 12 (Arab News): Global asset management firm Mercer has received its advisory investment licence from the Capital Market Authority to operate in Saudi Arabia.
During the Euromoney Saudi Arabia Conference held in Riyadh, Mercer's President for Asia, the Middle East, and Africa Renee McGowan told Arab News that the company intends to rapidly expand its team in the Kingdom during the next six weeks.
McGowan said that the company is already known in the region for their operations in the human resources space, and is now planning to expand its investment advice arm in Saudi Arabia.
She added that the company, which has been operating in Riyadh for a decade, has grown staff numbers tenfold, and is planning to invest more in local talent by implementing intern, graduate, and talent development programmes.