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UK-based reinsurance dealer Aon has appointed Rishi Mehra as its head of India, with quick impact.
Mehra, who has been with Aon since 2003, will function out of Mumbai and report on to Aon Asia-Pacific CEO Anne Corona.
His new position locations him on each Aon’s Asia-Pacific govt committee and the worldwide govt management staff.
In his new place, Mehra will work intently with Aon India Insurance coverage Brokers CEO and principal officer Jon Pipe and Aon Consulting CEO Nitin Sethi.
Collectively, they intention to unify Aon’s providers throughout danger, well being, wealth and expertise consulting in India below a single management mannequin.
This technique is designed to leverage Aon’s experience and options for the advantage of shoppers all through the area.
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Mehra’s tasks will even embrace a task within the integration of World Insurance coverage Brokers in the course of the 12 months.
The acquisition, introduced in October 2023, is geared toward to enhancing Aon’s capabilities in India, creating an built-in staff of greater than 1,000 workers.
At Aon, Mehra held senior finance positions within the Asia-Pacific area, most not too long ago because the chief monetary officer for Asia and Larger China.
Beforehand, he had stints at PepsiCo and PricewaterhouseCoopers in India, specializing in consulting and enterprise planning.
Corona stated: “I’m delighted to unite India below Rishi’s management. His enterprise acumen, mixed together with his expertise as CFO, will speed up our potential to ship Aon United capabilities to our shoppers.”
Mehra added: “We’ve got a lot alternative forward of us in a really distinctive and thriving financial system, and I sit up for working with the staff to unlock India’s development potential, leveraging our danger capital and human capital capabilities to ship insights and scalable options to assist our shoppers make higher choices to guard and develop their companies.”
Final month, Aon superior in its acquisition of NFP, a middle-market property and casualty dealer, having cleared the antitrust ready interval final week.
The $13.4bn (£10.57bn) acquisition, agreed upon in December, is pending different regulatory approvals and customary closing circumstances, with an anticipated closure in mid-2024.
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