Aon Risk Services Names Malik As New Ceo Of Asia

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10th December 2009, 03:33pm - Views: 800






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MEDIA RELEASE PR37522


Aon Risk Services Names Malik as New CEO of Asia


HONG KONG and CHICAGO, Dec. 10 /PRNewswire-AsiaNet/ --


    Aon Risk Services, the risk management and insurance brokerage business of Aon Corporation, today

announced the appointment of Sandeep Malik as chief executive officer of Asia Aon Risk Services, effective

February 1, 2010. Malik will be based in Hong Kong and will report to Bernard S.Y. Fung, chairman and chief

executive officer of Aon Asia Pacific.




    "As our region continues to grow, Aon's business and the clients we serve are becoming more complex,

varied and diversified," said Fung. "Sandeep's management skills and his deep knowledge of the Asia markets

will serve our Asia ARS country leaders and their colleagues well as we continue to provide distinctive value to

our clients and increase revenue growth and market share."


    Steve McGill, chairman and chief executive officer of Aon Risk Services, noted, "The addition of Sandeep

Malik to the ARS management team reflects our desire to be the destination of choice for the best talent in the

industry. Sandeep will contribute greatly to the strategic and organizational initiatives Bernie and his team are

executing on in Asia, and I welcome him to the team."


    Malik joins ARS from Prudential Asia, where he served as chief commercial officer and where for the past

ten years he has been involved with most of the key business initiatives and has worked extensively in each of

the twelve country markets where Prudential Asia has business, including their two joint ventures in China and

India. 


    Before joining Prudential Asia, Malik was a partner at Marakon Associates, a management consulting firm

that pioneered many of the principles and tools that over time became the mainstream approach to "managing

for shareholder value." He joined Marakon in 1994 and worked in the U.S. and European practices before

relocating to build and lead the practice in Asia. Malik began his professional career in 1989 in general

management at Cincinnati Milacron, a leading U.S. manufacturer of metalworking and plastics machinery.


    Malik holds a bachelor's degree in engineering from Panjab Engineering College, Chandigarh, India, and a

Master of Business Administration from Indiana University.


    Editor's note: Photo of Sandeep Malik available upon request.


    Follow Aon on Twitter: http://www.twitter.com/aoncorp

    Sign up for News Alerts: http://aon.mediaroom.com/index.php?s=58

    

    About Aon

    Aon Corporation (NYSE: AON) is the leading global provider of risk management services, insurance and

reinsurance brokerage, and human capital consulting. Through its more than 36,000 colleagues worldwide,

Aon readily delivers distinctive client value via innovative and effective risk management and workforce

productivity solutions. Aon's industry-leading global resources and technical expertise are delivered locally

through more than 500 offices in more than 120 countries. Named the world's best broker by Euromoney

magazine's 2008 and 2009 Insurance Survey, Aon also ranked highest on Business Insurance's listing of the

world's largest insurance brokers based on commercial retail, wholesale, reinsurance and personal lines

brokerage revenues in 2008 and 2009. A.M. Best deemed Aon the number one insurance broker based on

brokerage revenues in 2007, 2008 and 2009, and Aon was voted best insurance intermediary, best

reinsurance intermediary and best employee benefits consulting firm in 2007, 2008 and 2009 by the readers of

Business Insurance. For more information on Aon, log on to http://www.aon.com.

    

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    Media Relations Contact                   Investor Relations Contact

    David Prosperi                            Scott Malchow

    312.381.2485                              312.381.3983

    david_prosperi@aon.com                    scott_malchow@aon.com


    SOURCE:  Aon Corporation


    CONTACT: Media, 

             David Prosperi, 

             +1-312-381-2485, 

             david_prosperi@aon.com, or 


             Investors, 

             Scott Malchow, 

             +1-312-381-3983, 

             scott_malchow@aon.com, 

             both of Aon Corporation


To view this and other AsiaNet releases please visit http://www.asianetnews.net






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