Mercer sees great opportunity in Saudi Arabian market

The world’s leading human capital consulting firm is taking bold steps to strengthen its market presence and business success across Saudi Arabia. Mercer — a global consulting leader in the areas of talent, health, retirement and investments — has announced a strategic appointment to its board of directors in response to the market’s growing appetite for world-class HR consulting services and solutions.
Mercer’s Middle East Market Leader, Cameron Hannah, has announced that Mousa Al-Rubaian has joined Mercer’s board as an independent director.
“We are honored and proud to have someone with Mousa’s experience and market knowledge join our board,” Hannah said.
“Since we established our Saudi office we have invested heavily in talented professionals who live and work across the Kingdom,” Hannah said.
“Mousa’s appointment to our board will strengthen our already strong and enviable platform for the next stage of our growth,” he said.
Al-Rubaian comes to Mercer with an impressive track record in business across Saudi Arabia.
For 20 years, Al-Rubaian built NCCI (later renamed Tawuniya) and led the company to a successful stock exchange listing in 2005.
During that period, Tawuniya rose to become (by 2004) the largest insurance firm of its type in the Arab world in terms of gross premiums.
Al-Rubaian said he is excited about his new role and hopes to help the company capitalize on the optimism and transformation under way in the Saudi economy.
“Saudi Arabia is forging ahead with full force in terms of growth and institutionalyzing change for better conditions for its citizens. The country has invested wisely in human resources development. KSA has now educated and talented people to make things and change happen,” Al-Rubaian said.
Al-Rubaian still runs his own insurance and financial advisory firm and helped set up Malath Insurance and Reinsurance, as well as Saudi Reinsurance.
He also sits on the boards of various public and private entities, including Samba Bank, Saudi Paper, Marsh Saudi Arabia and the investment bank Société Générale Saudi Arabia.
Hannah said Mercer sees great opportunity in the Saudi market, from a business and a talent development perspective.
“We will continue to invest carefully and confidently in young and capable local nationals, for we see them as the future of our business in the Kingdom. Already we are at platinum Saudization status and our aim is to continue to blend global experience with local capability and knowledge.”