Paul Manduca replaces Aon Risk Services chief exec Steve McGill
Aon has appointed Paul Manduca as non-executive chairman.
Manduca has been an independent non-executive director of Aon for three years and brings over 35 years of multi-sector business experience, along with a track record of achieving results in the organisations he has worked with.
Manduca was chairman of Bridgewell the UK stockbroker, and sold the business in 2007 before the current financial crisis took hold. He is currently senior independent at WM Morrison Supermarket Plc and Development Securities and a director of a number of other corporates including Kazmunaigaz Plc. He was previously CEO of Deutsche Asset Management Europe, Rothschild Asset Management and Threadneedle Asset Management.
He takes over the role from Steve McGill, CEO of Aon Risk Services, who, further to his appointment as non-executive chairman of Aon Limited in January 2007, was also appointed chairman and CEO in 2008 of ARS, the world’s largest risk management and insurance brokerage firm. McGill, who is based at Aon Corporation’s head office in Chicago, will focus the majority of his time on this role as he grows the global business whilst providing support to Manduca and the UK leadership team as required.
Manduca said: “As the world’s and the UK’s leading risk and insurance firm, Aon is ideally positioned in the current financial crisis to advise and support clients through the current difficulties, as risk management increasingly becomes a top Board agenda item for companies.”