JLT Employee Benefits names head of investment solutions

Mark McNulty joined JLT Employee Benefits as head of investment solutions, said a spokeswoman for the consultant.

The position is new, and Mr. McNulty is reporting to CEO Bala Viswanathan. He is leading JLT’s investment solutions business, which designs and implements investment strategies for defined benefit, defined contribution and wealth management clients. He is also responsible for investment consulting and fiduciary management, said a news release Wednesday.

“(Mr. McNulty’s) extensive knowledge and experience will help us to grow and strengthen our investment solutions offering to new and existing clients,” said Mr. Viswanathan in the release.

Mr. McNulty was managing director and head of U.K. business at State Street Global Advisors. An SSGA spokeswoman said the firm is looking for a replacement.