Watson Wyatt loses Sidenmark after nine months.

Financial News, July, 2002

Byline: Pirkko Juntunen

Johan Sidenmark has quit consultant Watson Wyatt Worldwide's Stockholm office just nine months after being headhunted by a rival firm.Sidenmark is to join Nordea Investment Management, the asset management arm of Nordea, the Nordic financial services group.

In September last year Watson Wyatt hired Sidenmark from rival consultancy, William M Mercer, to head its employee benefits and investment consulting for the Nordic region.

At Nordea, Sidenmark will head up the firm's Swedish asset allocation team and be a senior account manager.

Lars Mathiesen, head of Nordic client services at Nordea, said: "We want to build up our capabilities with strategic asset allocation advice to our clients. This is not to compete...

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