Consulting and investment firm Mercer has bolstered its investment leadership team with a new CIO.

Mercer appointed Kylie Willment as chief investment officer, Pacific with effect from 25 October, 2017. She succeeds Russell Clarke who left Mercer in May 2017 to take on the role of CIO for Victorian Funds Management Corporation.

Willment joins Mercer from NSW Treasury Corporation where she held a number of senior investment positions over the past 17 years, the company said in a press release.

In her new role, Willment will work closely with Mercer’s global Wealth team and be responsible for the investment performance of Mercer’s suite of diversified funds and asset class building blocks in the Pacific. The firm has more than $200 billion funds under management globally, of which over $30 billion is managed in the Pacific.