Aon Risk Services, the risk management and insurance brokerage business of Aon Corp., announced the appointment of Sandeep Malik as CEO of Asia Aon Risk Services, effective Feb. 1, 2010. Malik will be based in Hong Kong and will report to Bernard S.Y. Fung, chairman and CEO 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."
"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," said Steve McGill, chairman and CEO of Aon Risk Services. "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 10 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.
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