LONDON, Wednesday 2 December 2015 – Towers Watson has appointed industry veterans Tim Mitchell and Ed Wilson as it expands its organisational design consulting for asset owners and investment advice to institutional asset owners such as sovereign funds, foundations, endowments and charities, family offices and private wealth organisations. Tim and Ed join Towers Watson's growing investment business from the New Zealand Superannuation Fund and PwC respectively and are based in the company's London office.
Ed Francis, EMEA head of Investment at Towers Watson, said: "We are delighted that Ed and Tim have joined us at this exciting stage in the development of this part of our business. As investment organisations - such as sovereign funds, family offices and foundations – aim to optimise their businesses to make the most of the competitive and low-return environment, they are increasingly seeking our advice about organisational structure and change management, as well as calling on the full range of our investment services. Demand from these types of investors is growing across EMEA, but most notably in the Middle East."
Tim Mitchell has over 35 years of industry experience and joins having spent the last 13 years as part of the leadership team at the NZ$30 billion New Zealand Superannuation Fund, most recently as a senior advisor for strategic projects and general manager of corporate strategy. Prior to this he was a principal advisor for Crown financial policy to the New Zealand Treasury and before that was Chief Investment Officer for Colonial First State in New Zealand.
Ed Wilson has almost 25 years of industry experience and joins from PwC where, as a Director, he delivered projects for global organisations and governments in the areas of investment consulting; reward and executive pensions; employee savings and HR analytics. In addition, he has significant pensions liability management experience including scheme re-design, funding and de-risking. Prior to this he was Head of Investment Research at HSBC Actuaries and Consultants where he qualified as an Actuary.
Towers Watson Investment
Towers Watson's Investment business is focused on creating financial value for institutional investors through its expertise in risk assessment, strategic asset allocation, fiduciary management and investment manager selection. It has over 800 associates worldwide, assets under advisory of over US$2.2 trillion and over US$75 billion of assets under management.
About Towers Watson
Towers Watson (NASDAQ: TW) is a leading global professional services company that helps organizations improve performance through effective people, risk and financial management. With 16,000 associates around the world, the company offers consulting, technology and solutions in the areas of benefits, talent management, rewards, and risk and capital management.