CFO India 2008 summit bags Mercer participation
15 Jul 2008
Dubai-based business event manager Naseba today announced the participation of global compensation consulting firm Mercer as a keynote sponsor to the exclusive second annual CFO Strategies India summit scheduled to be held on 15 and 16 September in Mumbai.
With its strength in consulting solutions around M&A, retirement benefits design and valuation, Mercer will highlight some unique challenges and potential risks organisations face today due to a lack of focus on employee benefits and the resulting financial liabilities that this may incur. Mercer will present its thought leadership in this niche area and recommend best practices that CFOs could deploy while addressing these challenges in the context of their own organisations.
''While Mercer has been offering HR consulting services in India since 1996, we have recently introduced our entire suite of retirement benefits and investment consulting solutions in the market," said Rahul Mudgal, marketing manager, Mercer India. "In India our brand is still largely associated with being the last name in HR consulting. Therefore we have increasingly felt the need to reach out to the CFO community to educate them of our offering in the niche space of retirement benefits consulting.
"Mercer interestingly is the largest provider of actuarial services in the world and the winner of the Global Pensions Awards for 2008. With the continued resurgence of India on the global economic landscape and the changing regulatory environment, our new service offering is bound to resonate well with both global and Indian organisations,'' Mudgal added.
Working in strategic partnership with TIME Magazine, domain-b.com, NDTV Profit, The Financial Express, Business Wire India, Eurekahedge, Outsourcing2India and the Council of EU Chambers of Commerce in India, CFO Strategies India 2008 will bring together up to 100 extensively pre-qualified CFOs from India's largest and fastest growing corporations.
They will have the opportunity to participate in interactive workshops led by leading industry specialists from technology, management consulting, corporate financing and investment fields. Simultaneously they will experience a cutting edge conference agenda led by leading CFOs and industry experts discussing the concerns and challenges facing their roles today.
Bruce K Rigby, global retirement business leader at Mercer will conduct a keynote presentation on, ''The impact of accounting standards on companies' pension liabilities and issues with respect to pensions in the context of cross-border M&A deals''.
Rigby, who has been with Mercer since 1979, based in the UK, is also the actuary and consultant for a small number of major clients, focusing on corporate benefits advice. He has a long and varied experience of dealing with the diverse issues faced by plan sponsors and trustees in the effective management and development of their pension plans and will with no doubt add value to the panel of speakers at second annual CFO Strategies India 2008.
