UK-based reinsurance dealer Aon has appointed Rishi Mehra as its head of India, with speedy 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 function locations him on each Aon’s Asia-Pacific govt committee and the worldwide govt management group.
In his new place, Mehra will work carefully with Aon India Insurance coverage Brokers CEO and principal officer Jon Pipe and Aon Consulting CEO Nitin Sethi.
Collectively, they goal to unify Aon’s companies throughout danger, well being, wealth and expertise consulting in India beneath 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 duties will even embrace a job within the integration of International Insurance coverage Brokers through the yr.
The acquisition, introduced in October 2023, is aimed toward to enhancing Aon’s capabilities in India, creating an built-in group of greater than 1,000 employees.
At Aon, Mehra held senior finance positions within the Asia-Pacific area, most lately 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 mentioned: “I’m delighted to unite India beneath Rishi’s management. His enterprise acumen, mixed along with his expertise as CFO, will speed up our capacity to ship Aon United capabilities to our shoppers.”
Mehra added: “We have now a lot alternative forward of us in a really distinctive and thriving financial system, and I look ahead to working with the group 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 selections 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 situations, with an anticipated closure in mid-2024.
