JLT Deputy CEO Arvind Laddha is the new CEO of Mercer in India

19 March 2019 Consultancy.in

Global health and wealth management consultancy Mercer has appointed Arvind Laddha as its new Chief Executive Officer in India. Mercer’s parent company Marsh & McLennan Companies is yet to finalise the transaction details with JLT Independent Insurance Brokers, where Laddha joins from. 

Alongside the responsibility of consolidating and expanding Mercer’s operations in India, Laddha will be tasked with coordinating India’s markets with the broader India, Middle East, Turkey and Africa (IMETA) region for Mercer. To this end, he will join the IMETA leadership team, reporting to CEO of Mercer IMETA Mustafa Faizani.

Laddha has an extensive background in financial services and the advisory domain, and will be looking to apply his knowledge to succeed at his new role with an international profile. He holds a bachelors degree in economics and accounting and is a Chartered Accountant in accounting and finance.

During the development his professional experience, Laddha also completed a mid-career programme in Strategic Management and Communication from the prestigious Indian Institute of Management in Ahmedabad. He completed his Articleship from Kirtane & Pandit in Pune.

JLT Deputy CEO Arvind Laddha is the new CEO of Mercer in India

He began his professional career at Khandwala Securities in Pune, where he worked for more than a decade and eventually ascended to the position of Assistant Vice President. While working at Khandwala, Laddha founded an employee benefits broking company by the name of Vantage Insurance Brokers & Risk Advisors.

Vantage grew into a tremendously successful firm over the course of its 14 years in operation, until 2016 when Laddha sold the company to JLT Independent – a global insurance broker company. Since 2016, he has been working as Deputy CEO at JLT Independent.

Commenting on his appointment, Faizani said, “Arvind Laddha’s extensive background health and benefits consulting as well as wealth management will further strengthen Mercer’s brand locally, and in turn be instrumental in accelerating our growth and portfolio in this market.”

“I am pleased to join Mercer as the CEO for India, adding my perspective and insights to the strategic direction and success of the firm. I look forward to engaging with my new team and writing the next chapter of Mercer’s success story in India,” added Laddha.  


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Nitesh Sahay relocates to Marketscience Consulting's London office

23 April 2019 Consultancy.in

Nitesh Sahay, managing director and associate partner at Truesight Consulting, has relocated to the UK to support Marketscience founder Peter Cain with expanding the firm’s footprint in Europe. Sahay will work with UK-based clients as well as those in India.

New York-based Truesight Consulting was established in 2017 and launched in India in only February last year under Nitesh Sahay, who was appointed the firm’s Managing Director in the country. The New Delhi practice was established as a hub for the firm’s operations across Asia.

Sahay is a graduate in Economics from Delhi University as well as Jawaharlal Nehru University, and has worked at a number of high profile firms throughout his career, which spans nearly two decades. He began his career in economic research, before joining GE Capita International as a Business Analyst.

He has been a Researcher and a Project Manager at Universite Laval in Canada, following which he worked for a year as a Senior Economist at Datamonitor. His first managerial position came during a three-year spell at Symphony Marketing Solutions, following which he joined Ninah Consulting.Nitesh Sahay relocates to Marketscience Truesights London office spot

Over nearly a decade at Ninah, Sahay ascended to the position of Regional Director for the Asia Pacific Region, during the period becoming acquainted with David Dixon and Sebastian Shapiro, who later broke off to established Truesight Consulting in 2017. They later brought Sahay on board.

The firm has since been expanding gradually, and entered a strategic partnership with London-based marketing consultancy Marketscience Consulting last year. The firm specialises in econometric modeling and statistical analysis to offer customised solutions to clients across various sectors.

Sahay has now been relocated from the New Delhi office to the London office, where he joins founder of Marketscience Peter Cain in his efforts in innovative product development. “Sahay’s move to London speaks a lot about the way we are growing and what we want to achieve as a company,” said David Dixon.

Sahay himself added, “Not only are we bringing transparency to black-box analytics, but we’re training clients and helping them successfully integrate marketing analytics software and modeling in-house. We don’t just give our clients the best tools to work with, we also help them use and integrate that tool smoothly and effectively to ensure success.”