Hemal is a Director in Mercer’s Investment practice in London. He works with a range of pension funds and insurers ranging in size from £750m to £20bn in assets. He has particular expertise in investment strategy and derivatives structuring and implementation and leads Mercer’s work on equity protection strategies. Hemal also leads Mercer’s Hedge Innovations Group where the risk free rate reform and central clearing have been key areas of recent focus.
Hemal joined Mercer in January 2015 from Willis Towers Watson where he was a Director and held leadership roles in the investment strategy and structured solutions teams, and was a member of the UK Investment Committee. Prior to this he worked between April 2007 and December 2008 in Banco Santander’s Global Banking and Markets group, where he worked with pension funds and asset managers to develop and implement derivative based solutions, both for liability hedging and equity risk management.
Hemal graduated in Mathematics from Queens’ College, Cambridge and is a qualified actuary. He sits on the Board of Examiners of the Institute and Faculty of Actuaries, where he the Chief Examiner for the Investment subject.