Arti Sharma was named principal and head of business development, North America, at Mercer Sentinel Group, Mercer’s operational and execution risk assessment unit.
The position is new, said spokeswoman Stephanie Poe.
Ms. Sharma will be responsible for ongoing development of the firm’s products and services, aimed at helping clients deal with operational and implementation risks in areas such as custody, prime brokerage, transaction execution costs and securities lending.
Ms. Sharma was senior vice president, business development, at specialty custody consulting group Thomas Murray North America. Linda Bernard, a senior consultant with Thomas Murray, was promoted to senior vice president, business development, Ms. Bernard said in a telephone interview.