Home / News / Baker hands Sentinel reins to Tricia Nguyen

Baker hands Sentinel reins to Tricia Nguyen

News

Tricia Nguyen, a principal of Mercer, has been promoted to head of Mercer Sentinel following the move by Peter Baker to a part-time role with the business. The changeover had been planned for some time.

Nguyen, who became a principal of the group on joining Mercer Sentinel in 2015, said that her move was part of a well-planned process for Baker’s succession. He aims to have a better work/life balance while still being available for certain projects, strategy and helping with clients.

Baker, whose long career in asset servicing included the top regional and country head roles for State Street in Australia, the UK and northern Europe, followed by the Australian country head job at BNP Paribas Securities Services, recruited Nguyen as a consultant about six months into his role at Mercer. She had also worked at BNP Paribas, as relationship manager.

  • Peter Baker.

    Sentinel, a global division of Mercer, provides advice and services for investment operations, including custody and operational due diligence, as well as securities lending. There are 12 staff looking after Australia and New Zealand.

    Baker, a New Zealander, said last week (April 15) that the move was timely with the new extended travel bubble between New Zealand, where he still has family, and Australia. He also wanted to travel more in general when possible.

    Simon Eagleton, Mercer’s leader of its institutional wealth practice, said the move was more than a year in the making. “Tricia has already been taking the lead on Sentinel’s services behind the scenes as part of Peter’s succession planning, and I’m confident this will be a seamless transition,” he said. “Peter remains an integral part of the team and will continue to provide his expertise in a part-time capacity.”

    Nguyen, who had tended to concentrate on operational due diligence previously, said that George Takesian, would be taking more of a lead role with the ODD team. He had been at Mercer since 2010, originally joining the company in Boston.

    Similarly, Ash Moosa would assume the role as lead consultant, heading up the custody consulting part of the business. He joined in 2015 from the ASX where he was manager of clearing and settlements.

    “I will continue to be involved in both our ODD and custody services to support George and Ash on day-to-day as required,” Nguyen said.

    Greg Bright

    Greg has worked in financial services-related media for more than 30 years. He has launched dozens of financial titles, including Super Review, Top1000Funds.com and Investor Strategy News, of which he is the former editor.




    Print Article

    Related
    Offshore assets drive need for true diversification: Atlantic House

    The flip in the negative correlation between bonds and equities has revealed that the protections investors took for granted were based entirely on assumption. Now they need to diversify their diversification.

    Lachlan Maddock | 13th Dec 2024 | More
    MLC puts integration in the rearview, hunts uncorrelated super returns

    With three separate businesses now combined under the Insignia banner, MLC Asset Management CIO Dan Farmer says his focus is no longer on “fixing problems” but on driving returns – and he’s looking to niche asset classes to do it.

    Lachlan Maddock | 11th Dec 2024 | More
    Why this family office invests in music and mayhem

    Natural catastrophe reinsurance and music royalties have been big winners for PG3, the family office of the founders of Partners Group, which is now bringing its “highly differentiated” uncorrelated strategy to Australian investors.

    Lachlan Maddock | 6th Dec 2024 | More
    Popular