Mercer Opens a Regional Hub in Jordan to Support Its Middle East Business

AMMAN, Jordan, Nov. 23 -- Mercer, an asset management firm, presented the following news release:

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Mercer a global leader in redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being, and a business of Marsh & McLennan (NYSE: MMC) today announced that it has expanded its regional footprint with the opening of a regional hub in Amman, Jordan, that will support the growth of its operations in the Middle East.

With a thirteen year track record in the region, the launch of this hub will continue to support the growth of the global consulting firm across the Middle East providing clients with tailored solutions and deep knowledge of regional market dynamics, while tapping into a rich talent pool in the country to support the company's continued growth.

In addition to acting as a regional hub, from its new office in Amman, Mercer will continue working with a range of entities in Jordan, which had previously been catered to out of the company's offices in Abu Dhabi, Dubai, Cairo, Jeddah and Riyadh. Mercer will also advise and support current, as well as prospective clients, across all key business lines: health and benefits, wealth and investments, workforce and careers and M&A advisory services.

Mahmoud Ghazi, Chairman of the Board of Directors of Mercer Jordan said, "It is a privilege to celebrate our establishment in Jordan with the opening of our regional hub in Amman and our sixth office in the Middle East. I am also thrilled to be working with a rich pool of Jordanian talent to bring Mercer's advisory services to the doorstep of the public and private sectors as they seek to assure their contributions to the Jordan 2025 Vision in a challenging economic climate. Targeting real economic growth of 7.5% in 2025 and aiming to increase its competitiveness on a global scale, Jordan's vision establishes a clear view of the future. At Mercer, we are committed to providing innovative career and wealth solutions to our clients that enable them to prepare for business growth contributing to this vision in the post-COVID-19 landscape."

Mercer recently released the results of its Total Remuneration Survey (TRS), which provides comprehensive market data on compensation and benefits around the globe, showing that, collectively, industries in Jordan anticipate a 4.5% salary increase in 2021, with the life sciences industry predicting a 5.0% rise in salaries, showcasing optimism for economic growth. Moreover, the COVID-19 pandemic resulted in the swift implementation of work from home measures, and with 16% of companies surveyed in Jordan reporting increased productivity as a result of such policies, Mercer's solutions will enable entities to remain well-positioned to help meet the health, wealth and career needs of a changing workforce.

About Mercer

Mercer delivers advice and technology-driven solutions that help organisations meet the health, wealth and career needs of a changing workforce. Mercer's more than 25,000 employees are based in 44 countries and the firm operates in over 130 countries. Mercer is a business of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people with more than 76,000 colleagues and annualised revenue approaching $17 billion. Through its market-leading companies including Marsh, Guy Carpenter and Oliver Wyman, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit www.me.mercer.com.

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