role, Tolve will be responsible for the strategic direction, growth, and
overall success of Mercer’s defined contribution administration, defined
benefit administration, and total retirement outsourcing (TRO) lines of
business. He will report to Michael Sternklar, COO and head of the Americas for
Mercer’s outsourcing business, and will be based in Norwood, Massachusetts,
according to a press release.
Mercer from ING, where he most recently served as the head of eCommerce and
Program Management responsible for ING’s customer-facing technology
strategy. He was previously executive
vice president of Product Development and International Operations at
CitiStreet, and prior to that, worked
for Bankers Trust Company.
a Bachelors degree in Finance and Economics from Iona College.
Tolve replaces Sandy McCarthy (see McCarthy to Head Mercer’s Retirement Biz), who will take on a new role within Mercer as Asia Pacific Business Leader for its outsourcing business, effective February 1, 2010. She will be based in Melbourne, Australia and will report to Jeff Miller, president of Mercer’s global outsourcing business.