Julio A. Portalatin is President and Chief Executive Officer of Mercer, a leading global consulting firm that helps clients around the world advance the health, wealth, and careers of their most vital asset – their people. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC).
Mr. Portalatin leads more than 21,000 employees who support clients in over 140 countries. Under his leadership, Mercer has experienced significant growth through expansion into emerging markets, growing assets under management to $157 billion, and leading the health and benefits industry in private exchanges. Vault.com has ranked Mercer the #1 HR consultancy while Forbes Magazine designated it as one of the Best American Employers, and Employee Benefit Adviser rated Mercer top large group employee benefit firm.
Mr. Portalatin speaks around the world on a variety of topics including the future of work, human capital, globalization, global economic trends, healthcare, longevity, financial wellness, pension systems, and diversity. He is a steward of the World Economic Forum (WEF) work on Education, Gender and Work. He has shared insights in international media including The Economist, CBS, CNBC, and CEO Magazine, as well as locally in Brazil’s Valor Económico, The Business Times in Singapore, The Economic Times in India and Expansión in Madrid. He has also written OpEds in financial publications like The Wall Street Journal and Fortune Magazine. As one of the most senior corporate executives of Latino heritage, Mr. Portalatin has been honored with the Crain’s Hispanic Executive & Entrepreneur Award, Top Ten Lidres by Hispanic Executive magazine, Latino Justice Corporate Leader, and Latino Trendsetter by LatinTRENDS magazine. He has also acted as a keynote speaker at several events such as the World Economic Forum, Hispanic Association on Corporate Responsibility (HACR) and various top brand companies.
Before joining Mercer in 2012, Mr. Portalatin spent 20 years at American International Group (AIG), where he held many senior positions, including Global CEO of Accident and Health Business, CEO of AIG Europe, and CEO of Growth Economies. Prior to AIG, Mr. Portalatin spent 12 years with Allstate Insurance Company in various product underwriting, distribution and marketing roles.
Mr. Portalatin actively supports several nonprofit organizations, including the American Cancer Society, St. Jude Children's Research Hospital and Wounded Warriors. He currently sits on the nonprofit Board of Covenant House International which works with homeless youth. He has served on past boards of British American Business, New York Assigned Risk, Allianz Mexico and Landmark Insurance Company.
Mr. Portalatin received a Bachelor of Science degree in Business Management and honorary doctorate from Hofstra University and is a member of its Board of Trustees.